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Technology Stocks : RomTech (Nasdaq: ROMT) -- Ignore unavailable to you. Want to Upgrade?


To: Matt Brown who wrote (402)2/28/1999 10:52:00 PM
From: Steve Research  Read Replies (2) | Respond to of 427
 
Fatt Matt:ROMT=$100 in one year, mark my words. Why this stock will look like AMAZON shortly:

I like what you have mentioned in your posts Matt, but I think you left out the biggest and most important reason that this stock will be HUGE going forward. In one word: SPEED. Everyone right now is trying to speed up the net, I am sure you have seen ads for RED internet service and also how cable companies are racing to pump up their infrastructure to handle internet access at speeds many times faster that what most people currently have. Very soon people will have access to the net at 10x what they have now, and for that very reason Egames is going to be able to deliver a REAL 100MB game over the modem in just minutes. Right now it would take hours to do that so the idea of sending software over the net is good, but not practical. I think that getting in on the ground floor of somthing with such hidden, and very much OVERLOOKED potential is an AMAZING opportunity. It is only because of the speed factor that this stock isn't already $10 a share.
The KEY to this opportunity that the idea is OVERLOOKED and isn't being taken very seriously because of the limitations of 56Kbps and the stock is trading where it should be....that is if the world was going to be stuck at 56Kbps forever. Any REAL game is at LEAST 50-500MB's, especially with CD roms that hold 700MB's. So I think that you would agree that when people understand the speed revolution that is coming shortly, and that Egames, with its early lead in selling downloadable games with an easy to remember name will have the early lead and will get the early marketshare. I don't have to explain to you that with E-commerce you not only have to be FIRST, and have to be the BIGGEST but you have to be BIGGEST FIRST. EGAMES will get a huge increase in stock price soon ($10-$20 a share), with thier inflated currency (thier stock price) they will be able to make acquisitions, and hire the best people using stock options as employee pay. Then they can issue more shares to the public and continue to grow and grow. It will look just like amazon That is why this stock could be $100 in a year. Like AMZN they could be the FIRST nad could be the BIGGEST, and after that happens then no one can stop them, even strong competition..