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.

Technology Stocks : USAT Long Distance Telecommunications -- Ignore unavailable to you. Want to Upgrade?

To: jim0z0 who wrote (303)	2/11/1999 12:02:00 PM
From: Murrey Walker	Read Replies (1) \| Respond to of 397

Its not the facts, its the aroma. The technology is there and perhaps somebody that smells a little better – all other things consider equal, will come along and make USAT an also-ran. JMHO, of course!

To: jim0z0 who wrote (303)	2/11/1999 12:05:00 PM
From: Smilodon	Read Replies (1) \| Respond to of 397

Jim, we are just looking at the odds, Last year, the SEC halted 17 stocks, and I think only one is still trading. So, what are the odds that everything is just fine at USAT? Maybe it is, but I think I am playing with the odds in my favor by being short. And, regardless of the trading issue, the valuation is an aberration created from a small float and a good promotion. No matter how good their business plan is, it ain't worth $1.3 billion. Imagine what kind of telecom network you could build with $1.3 billion. There is nothing they are planning to do, that 1000 telecom executives couldn't replicate in a month or two with about 1/10 of that money. In my opinion, the main business of USAT is to sell stock, not long distance service. At least that seems to be where the real money was expected to be made. Just my opinion of course, Archer