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Gold/Mining/Energy : PKS-PeakSoft Multinet Corp. (was PeakSoft Corp.) -- Ignore unavailable to you. Want to Upgrade?


To: Steve who wrote (971)12/8/1997 6:46:00 PM
From: william davis  Respond to of 1470
 
According to my calculations, we currently have a market cap of somewhere around 6 million dollars U.S. - 18 million some odd shares x .30 some odd cents.

With Microsoft and Netscape doing everything possible to beat the crap out of each other in a browser war - I find it VERY TELLING that we've heard of no interest from either company. The technology, if legit and incorporated into a browser, might give one the upper-hand, no?

MSFT had, at last report, almost NINE BILLION in cash. So technically, they could gobble up THE ENTIRE COMPANY eighteen hundred times over with greenbacks.

These guys can't carve out a business plan, much less a niche in the software market. We need heavenly intervention or we're all looking at a BIG FAT CAPITAL LOSS.



To: Steve who wrote (971)12/8/1997 8:48:00 PM
From: Ryan Weisman  Read Replies (2) | Respond to of 1470
 
Steve, in all seriousness, you have analyzed this company so well, I really hope that in a few years you'll be able to look back on this and laugh. You should have a successful future in investing/trading with the amount of research you have been able to do. I lost a lot (so far), but you know what, I'll be much wiser next time I look into a start-up software company next time. Hopefully you will too.

In the meantime, NetMagnet still is a pretty good idea. Maybe they can salvage something, make a deal with a couple of universities or any kind of deal where they can create a mass market in the world of education. They clearly have had no idea how to create and execute a business plan with "NetJet" so I wouldn't expect to see much more with NetMagnet. We've actually already seen plenty already. But hey, even a pair of threes win on the poker table sometimes, so you never know.