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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: jdcpa who wrote (19613)	12/3/1998 10:54:00 AM
From: jhild	Respond to of 43774

Your example is nonsense. Home Depot will never put in such a thing. Besides, just think about why anyone would invest in equipment that wasn't connected through the net. As it is now $100 gets you a video connection. And besides that mortgages on demand are just ridiculous. The single biggest asset that most people have, and you would see a big demand for a five minute credit application to draw against that. These are major decisions and not impulse transactions (unless of course you are in Las Vegas and you have a gambling addiction, in which case you are probably leveraged to the max already). You can't even begin to make a business case for this. Deployment costs, maintenance costs, support costs, cash flows - you don't have to be a technology genius to see that this a is a bogus business idea. The old company couldn't make a go of it, what makes you think that Mr. Belize is going to be able to think his way out of a paper bag on getting this business off the ground? I'll say it again, PRWT is no more a technology company than they are a financial institution.