Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : MEME Media Entertainment -- Ignore unavailable to you. Want to Upgrade?

To: Alan Markoff who wrote (277)	3/31/1998 5:29:00 PM
From: Rick	Read Replies (2) \| Respond to of 638

Alan: Who makes your memory chips :-) Probably mass manufactured. The analogy with the telecom. companies is not a good one. although there can be cases where a company like Meme could do ok w/the mfg. costs if they outsourced it. If they try to mfg. in-house - they might suffer. Who does the manufacturing for them? Re: the other post about Meme being able to be used in rural areas. I don't think so. I think you have to be within wireless radio range of a partnered ISP. So far - they only own one. Personally - I don't think it is so smart to buy them. I think it would be better if they partnered with them (much less expensive & dangerous...as small ISPs will be on their way out within the next few years based on things like cable modems, DSL etc.) Their financials give me a good laugh (from Yahoo) Media Entertainment, Inc is a holding company in the wireless cable television and community (low power) television industries, as well as other segments of the communications industry. For the nine months ended 9/97, revenues fell 50% to one thousand dollars. Net loss totalled $348 thousand, up from $528. Revenues reflect lower sales from the community televison segment. Higher loss reflects costs related to the issuance of 150 thousand shares pursuant to a consulting and legal services agreement. Though you might see the stock go up short-term on Media hype or attending a show in Dallas on the 2nd. - I wouldn't touch it with a ten foot pole. (no offense..) But good luck with it -- whether you are a ST trader or LT. Maybe you can make a quick hit & then get out after the hype dies down.