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Technology Stocks : RNET- Internet, Cable, Television & Radio Wellness -- Ignore unavailable to you. Want to Upgrade?


To: RickT who wrote (72)2/25/1999 7:55:00 AM
From: ksuave  Read Replies (1) | Respond to of 123
 
Rick -- That news release was one of the major factors in my decision to invest in RNET:

"It is clear that Recovery Network is gaining sure momentum in achieving notable U.S. market penetration. This has created tremendous added value in the company which is capturing the attention of several significant players operating in the cable television industry. The historical trend in this industry has been for successful networks, such as Recovery Network, to be acquired by one of the majors. Recovery Network may elect to pursue this strategy at this time, opt only for a strategic investment partner, or entertain other financing or strategic growth opportunities. We intend to carefully and intelligently explore all of these situations on a case by case basis and pursue only those which deliver the most value to the company's shareholders."