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Technology Stocks : Internet Guru Discussion

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To: steve harmon - analyst who wrote (954)	4/11/1999 6:40:00 PM
From: Frost Byte	Read Replies (1) of 4337

Steve, ONEM (Onemain) looks extemely undervalued when compared to the likes of MSPG and ELNK...both these stocks have had huge runs, with ONEM remaining flat...IPO was priced at $22, and stock is only at $33, which is a pretty small premium when compared to other recent IPOs....I like ONEMs strategy of serving markets where AOL is a long distance or toll call and I believe ONEM will eventually make a good acquisition target for larger ISPs that want to reach rural markets. I think BT Alex Brown, Soundview, etc should be initiating coverage quite soon....

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