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To: Alan Markoff who wrote (3159)12/11/1997 3:20:00 AM
From: FARRIS  Read Replies (1) | Respond to of 8835
 
The fact that, as a basketball fan, I did not know they were still around says something to me. TV is not going to pay much to televise. The CBA is twice the league the USBL is and it is indeed rare to see them on TV. The talent pool in pro sports is going downhill quick with all the expansion -- I will watch college hoops before the CBA, USBL or any other semi-pro league. At least the college guys have a chance a the big-time.
By the way "Hot Rod" Williams may have played around in the USBL, but he was a high NBA draft pick who was at one point the highest paid player in the NBA -- no way the USBL generated him -- that is a misleading BS statement along with a lot of others I saw about some of the other players. (If you have heard of them, the USBL didn't advance their careers -- exception being Manute Bol who was never a success in the NBA)
Once again, this league may limp along, but they are never going to hit big money. IMO
Also Alan, what are the authorized shares on this one? Forward split? Not till those authorized shares are in the market -- I believe. Good luck, but aside from the trading I do not see great future success here.
Looking on the bright side -- you know it is not a scam stock.



To: Alan Markoff who wrote (3159)12/11/1997 4:01:00 PM
From: Tony  Read Replies (2) | Respond to of 8835
 
Re:USBL
with only 3.4 Million shares to spare plus 70% tightly held by insiders to me spells forward splits when the demand starts rolling in.

Is there any statement on the part of the insiders to the effect that they're not planning to sell their shares into the float when the demand picks up? If they sold 20% (600K shares) they'd quadruple the float, make a lot of money, and retain control of the league.

I am new to stocks, is this the kind of information I would get by calling the company?

Thanks in advance,
-Tony