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 : MegaWorld Inc. (MEGW) -- Ignore unavailable to you. Want to Upgrade?

To: WZGEKKO who wrote (795)	10/20/1998 10:36:00 AM
From: Emec	Read Replies (1) \| Respond to of 1058

OK everyone. IMHO, the time is now. I was a buyer of MEGW this morning. No, I am not crazy and no, I do not like to throw my money out. I believe the stock has seen its low point and it is up from here. TBS should close shortly. This is a REAL company. Very real in fact. Their business is exploding from all accounts. The internet telephony business is about to go online which should be a cash cow and the telephony contract recently announced in China is proceeding very nicely. This is an extremely high margin business. And don't forget the Castle in Italy. Some think this is a joke. It is not. The potential is big and the real estate side of MEGW is one of the things that attracted TBS to MEGW. I hear there may be other deals in the works as MEGW's goal is to bring profitable businesses into the fold. As the company stated, once TBS closes, they will file for Nasdaq listing. Once on Nasdaq, MEGW will be able to attract a whole different batch of investors. I understand that the first 10Q will be for the 4th quarter. This will include TBS and internet revenue and should look solid. Ground floor here IMO.