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Technology Stocks : MER Telemanagement (MTSLF) - Internet/web Co. -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (9)	1/3/1999 10:23:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 75

Sears; Re > C. Mer Industries, owns 69.7%, or 3,269,270 shares. ------------ That's the $64,000 , why..? I don't know , but can speculate it's for control, x makes widgets and does R&D Parent P , uses widgets, and gets benefit of x's R&D, at a price they can set. If x sells widgets to other companies P is also in control, and can maintain an edge. -------------- There is no way I can know if such is going on, you have done a lot of good DD so far, normally I shy away from such situations, until I hear of a spin off, Like T did with LU. until then X is under the thumb of P. --------------- However in this case the remainder of the stock floating just could take the stock price up , and that would not trouble P at all, ( unless they were wanting more of it ) by why should they ? can call the shots as it is ? you would need to do a lot of DD on P to figure this bird out, why did they let the price fall so low to begin with ? While they have not sold any, they sure could have supported the price had they wanted to. Could they be ready to do so now ? that's any bodies guess, I doubt they will telegraph it if they do. I like what I see , but have reservations about the Parent company having so much control. Jim