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Microcap & Penny Stocks : OWLD OneWorld Systems -- Ignore unavailable to you. Want to Upgrade?

To: NailHead who wrote (1326)	3/31/1998 12:22:00 PM
From: David Lawrence	Respond to of 1648

Courtesy of Mr. Scrapps... #reply-3900823

To: NailHead who wrote (1326)	3/31/1998 12:26:00 PM
From: Sea Otter	Read Replies (2) \| Respond to of 1648

Hmm, this doesn't seem all that hot. So, we're selling the modem business and brand to boci, and they also get a big chunk of our employees and other intellectual capital. We do this for $10M - isn't that a fire-sale price? Awfully cheap. In return we create a new product line based off of small-business communications. However, the exact nature of this doesn't get announced until "later in the year". Well, the new focus sounds a lot more profitable than the old, no doubt about it. And unloading the modem business entirely is certainly an admirably aggressive move. Still, it looks to me like we've gutted the firm short-term in exchange for long-term possibilities and maybes. I wonder how the market will react to this? Anyone care to comment? Sea Otter