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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (2762)9/15/1998 7:46:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 4634
 
Bill, what's the reason for DTLN's soon dive?

And when do you expect the drop (Next to their 10-Q in Nov. or earlier).

Thank you

Christian



To: Bill Wexler who wrote (2762)9/15/1998 11:35:00 PM
From: tcarnes  Respond to of 4634
 
dear bill in reviewing dtln and the cash problem it looks
like the co. has less then 300,000 dollars in cash for the first
6 months of this year in relation to that a neg working capital
of 28,597,173. the problems of switching satalites and decreasing
initial service fees of 33% means there loosing business fast. i don't see how the can stay in business. thanks for the target tj. by the
way net cash is 26,147,594. net cash used 25,840,195.



To: Bill Wexler who wrote (2762)9/16/1998 1:23:00 AM
From: Druss  Respond to of 4634
 
Bill<<DTLN is the first recipient of my NUCLEAR DOOM designation>>
Are you sure you know what you are doing here? Look at this SEC filing:
<The equipment used by subscribers is a large capital investment for the Company. This equipment accounts for 59% of the Company's total assets. The Company has also made significant investments during 1997 and the first six months of 1998 to acquire subscribers and businesses that fit into its business model. The net intangible assets (goodwill) resulting from these acquisitions is 25% of the Company's total assets.>
Check out that last sentence. They get a couple of thank you letters from some subscribers and they could run the old book value to the moon.
That has to be one of the more incredible things I have seen in an SEC filing.
All the Best
Druss
I may just have to short this puppy.