Post from RB...worth reading
By: napcat0
06 Aug 2003, 08:30 PM EDT
Msg. 72650 of 72650
(This msg. is a reply to 72639 by gdmilkman.)
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Dare I step into the shooting gallery again? Last time I got some rather angry responses. It is abundantly clear to me that there are a lot of untruths or at least embellished respresentations on this board but I did want to clarify one thing re: who may have spoken to Frank. I called him on Monday and he actually took my call. We spoke at length (by that I want to guess 10-15 minutes). I am convinced that Charltuna spoke with him as he posted b/c his post was VERY consistant with what Frank told me. I did not ask about R/S but did ask about the hold up and the problem of prolonged "radio silence". What he told me was that TTN has had several contracts, including one with AT&T and one with Dish. Both canceled. (I've never heard of Dish). He confirmed that there was a contract with TWC but that every contract has a subordinate local contract (my paraphrase). He said that the process is to test a locality for signal strength and if they have signal strength they will see if the local broadcasting network wants to offer TTN. Apparently this testing is being done on a regional basis but I got the strong impression that NY and CA were being targeted.
He said he was hopeful that a launch would take place by the last week in October.
When asked about the amount of O/S he declined to respond but said when that info goes out it will be over the Business News Wire (I'm not famiiar with this).
I also have in my notes "Reports in 3 weeks" but I honestly don't recall what that was in reference to.
I was fairly bold in admonishing him about not keeping shareholders informed as he promised. He responded by saying that every time he says something TWC gets a ton of calls. I suggested that SOME news/contact was better than being off the radar screen for 2(?) years. Even if he made a non-commital announcement it would be better than nothing at all.
While I don't know how much stock (no pun intended) to put into the info he gave me he was very receptive and invited me to call him back next week, which I may do. I followed up with an email thanking him for his time and accepting his invitation for a future call.
Take this for what it's worth. As I said, I can tell that there is a lot of junk flying around on this board. I also believe that the "PR tomorrow" predictions are hopeful at best. Believe me - I've been holding my breath with the rest of you for a long time.
The one thing I can say with confidence is that Charltuna and I got the same info,which I think was the same day.
Please don't put me in front of the firing squad for this post. I really want to stay out of the controversy but want to share what info I have in an honest way. Although I am impatient with this stock I would like to adopt Chief's approach to this board.
FWIW.........
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