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


To: TRIIBoy who wrote (3513)10/27/1998 5:40:00 PM
From: Kevin Podsiadlik  Respond to of 4634
 
Interesting item, apparently DTLN sold off about 3M worth of equipment last quarter. For a company whose core asset is its equipment this cannot be good. But for that sale they'd have been in the red by about 3-4 cents a share. "Service initiation fees" are down by 35%, too.

Talk on the Yahoo board is that Reuters is the mysterious buyer they've been waiting for the past few months. Funny, I thought Reuters already offered a real-time quote service. It's not all clear to me what DTLN would give Reuters that they don't already have, apart from about 100,000 machines that are two years from the scrap heap.