Equalizer in pocket tunes

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I listen to an mms stream through pocket tunes. Can't find the equilizer option in there. Can someone help point.

If there is no equalizer in pocket tunes, is there another app that plays mms streams and has an equalizer option.

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Can someone please help. I've been looking for this and it seems pocket tunes supports this in the palm version. Can't seem to find a reference in the iphone version :(