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Gold/Mining/Energy : MPA--MasterPiece Games Network Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Catawbakid who wrote (62)	11/23/1998 12:12:00 PM
From: Marty Lee	Read Replies (1) \| Respond to of 96

Catawbakid... Yes. I speak and meet with Yasser. I can share most of what he tells me as MPA hasn't any secrets for "insiders" only; that if released would give you some unfair trading advantage. Hell, we're on the VSE and even those bastards can't manipulate our stock's price anymore. MPA's trading volume is nil. That MPA is "profitable" is only because it counts as revenue the business of ICE; Yasser's original core, non-internet publishing and chess set selling business. MPA - the internet part - is not growing. For that the stock will never grow either. We will have to wait on Yasser's dream of having a celebrity, premiere chess site. It will have to be very robust and comprise a full convergence of voice, video, and data; much of it encrypted for members only. Content and services will have to be available for full purchase or rent of subscription under varied pricing options. This is all something I doubt Bill Church is up to doing. Yasser is going to have to look to someone else for help IMHO. We he finds the right man for the job, then we can wait and see what is the company's growth rate. A popular benchmark is to compare the company's price-earnings (P/E) ratio with its forecast earnings growth rate for the next year. A company may be profitable and its stock may seem cheap at less than 10 times earnings, but if it is growing very slowly, if at all, it is just a worthless, white elephant. Your Friend, Marty