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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread

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To: Steve Smith who wrote (535)2/17/1999 11:12:00 PM
From: Mark[ox5]   of 779
 
Broadcast.com will have competition from a start up by CMGI. This is good and bad for BCST

Good: It validates the potential of BCST niche. CMGI has very very smart people at the top... and now that LCOS is sold off and GCTY as well, they are thinking what's next, what's relatively untapped... and what could be huge.

Bad: This provides a deep pockets competitor to BCST... however, once again major advantage to being first to market... BCST already has many radio/TV stations signed up... now the question is how long are these contracts with, and where will they get cash from to continue expansion now that they have a big competitor (a partnership in store for BCST?)

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