Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (15990)	9/17/1999 5:47:00 PM
From: gizmo&jack	of 108040

Kimberly, ILIF was a very short-term pick for me based on a CNBC comment last week. Got in at 6.50, out at 6.50 when it wasn't moving. Haven't held it for days so don't make me look too bad. Now, SYBR today I look bad on because I probably should've sold on the way down, but I kept thinking it would bounce. Still do though so the jury is out. Very surprising movement. Thought the news was quite good. The company is going to sell assets which generated $6MM in cash. If it only gets 2X revenue for the sale, it will be just about equal to its market cap in cash!!! And, oh by the way, it now will be focused exclusively on its internet business which I guess is worth nothing. Not to mention in the early stages of testing and developing B2B e-commerce division. Again, estimated to be worth nothing according to the selloff today. With the cash that the company will have to devote to these businesses, I think people will soon be looking twice. Especially if beautybuys.com still ipos as rumored. A definite case of sell on the news panic today imo. Regarding ZDZ, I picked up alot right at the open at 16.5 (think I got screwed a half-point by Ameritrade but what can you do). Here I really don't know what people are thinking. This is one of the best buys I have seen in recent months. While every one focuses only the flavor of the month, they miss gems such as this. What's not to like? (1) Morgan Stanley advising on sale of ZDZ for several months. Something will happen probably soon. (2) Even in the odd chance it doesn't, this company is a top 20 mediametrix site that is trading near its all-time low. Actually right at its all-time low before today. (3) Trading 1/3 value of CNET yet has an equal audience to and is an exact comparable. (4) Don't think the world saw today's news about the Business Week article just because you did. Many more subscribers will view it for the first time this weekend. Today was the golden opportunity. There may be more time on Monday though. I don't know. It could run, but could also move up gradually given the fact that it is no longer under 1 month old. Either way, shouldn't take more than 2 weeks to gain at least 50% from today's open (assuming normal market conditions). I'll check back on it then.

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