LVLT value play? moving up finally at 1.18 found this on yhoo board:
(OT) This booming new telecom will benefit from stimulus funding, LVLT 18-Aug-09 01:33 pm
70 million homes/businesses need this service, LVLT. Omnicity Corp (OMCY) is the largest fixed Wireless Internet Service Provider (WISP) in the Midwest. The company has completed five major acquisitions in as many months. The stock is on track to be an attractive acquisition target, and has traded as high as $1.00 as recently as May. Omnicity continues to aggressively move forward with its plan to become a premier consolidator in the WISP industry, with the goal of "bringing broadband to the heartland." With an estimated 70m homes and small businesses in rural areas, this is a huge underserved market. Omnicity has tripled in size this past year, and the company is poised to tap into the $7 billion of government "Stimulus Package" funds marked for the development of broadband connectivity in rural communities. This could be a great ground floor opportunity.