USWeb (USWB) Message Board

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Technology Stocks : USWeb (USWB)

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To: Dutch who wrote (1085)	7/30/1999 9:04:00 AM
From: Rick	Read Replies (2) of 1188

Looking at the details... 1 - according to Mitchell Madison website it had approximately 200 million in sales 1998. if this is true, 15 million shares at 20 per share equates to 300 million or 1.5 times sales. this is not expensive. 2 - however, i wonder what the price says about Mitchell Madison. clearly they did not have a very strong hand. they certainly do not project a very strong image at their website - the first thing you see is the letter MMG with some veiled woman behind the logo (perhaps Bob Eubanks can use the imagery at his website ?) and then you read: MMG did not exist 5 years ago - brilliant lead in. anyway, financially this deal doesnt appear too harmful to existing shareholder interest. i dont think the stock will react strongly today. however, i dont think its a very good situation to be buying. rick. dutch * i dont have any idea about the strategic partnership.

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