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Microcap & Penny Stocks : MDU Communications Inc. - MDTV -- Ignore unavailable to you. Want to Upgrade?

To: JTimms who wrote (983)	12/28/2000 2:09:44 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 994

I'm not sure what to recommend. While I closed out my position in January, I have kept MDTV on my radar screen. The revenue growth has been disappointing and their build out is going to require a significant amount of cash. Any funds raised in the current environment are going to be highly dilutive to the current shareholders. If they cannot obtain financing, they are probably going to have to seek some sort of bankruptcy protection. I would certainly not be a buyer until the financing issue is resolved. If I had bought the stock at a higher level ($3 or over), I would probably hold it as a gamble. If I were in at $1, I would probably sell. Hope that helps. The above is JMHO. Paul Andreola might be able to provide better insight. He started the thread and was an early investor in MDTV.