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

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To: dowen who wrote (4097)5/6/1999 2:58:00 PM
From: Joseph Waligore   of 108040
 
XSNI: Fast summary from info on website: These guys give away free internet access to over 350,000 people in England. They expect to have 500k in summer. They also give free calls away sometimes. The only thing with LU I could find is buying LU's eqipment for 28 million dollars. They offer MSN Expedia travel service through their website. They served 5.5 million ads one weekend and that is how they expect to earn their money. They have chat rooms, information, free email, attitude, and give free web space of 20 Mb to users. They have a game network. No ideas of revenue or where they get their money from.

This company sure is interesting. I don't know how they will make money in the long run, but they sure have some interesting things about them. But how could they be so stupid to do BB rather than an IPO?

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