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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote ()2/24/2000 9:54:00 PM
From: cowboy_bob   of 122087
 
TURD ALERT on EMRG!!

If anyone is looking for a long term short, this is the ultimate. These guys bought a company called cyberstockyards for $542,000 and sold it through the IPO mechanism for $2 billion. That works out to a penny a share on a $49 stock. The only thing holding this one up is the backing of ICGE.

I am a cattle feeder by profession and doubt that selling cattle over the internet will ever make an impact. Tiny margins (about 1%) and a product that has no uniformity make this a difficult B2B play.

Nice run up ahead of quiet period today makes for a good entry point.
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