Some things that should be of concern to shorts of IMAA
-CMGI @dventures venture division just gave this company $7.5 million. CMGI knows how to foster its investments. Buyingedge.com will no doubt be plugged into the vast network of CMGI sites such as: AltaVista, Engage (NASDAQ: ENGA),
Activerse, Adsmart, iCast, Magnitude Network, NaviSite, NaviNet, Planet Direct and ZineZone. Lycos, Inc. (NASDAQ: LCOS), Critical Path (NASDAQ: CPTH), Silknet
(NASDAQ: SILK), Chemdex (NASDAQ: CMDX), Advoco.com,
Ancestry.com, Asimba, AuctionWatch, Aureate Media, blaxxun, BizBuyer.com, CarParts.com, eCircles.com, Furniture.com, HotLinks, KOZ.com, MotherNature.com, NextMonet.com, NextPlanetOver.com, OneCore.com, ONElist, Productopia, Promedix.com, Raging Bull, Softway Systems, Speech Machines, ThingWorld.com, Universal Learning Technology, Vicinity, Virtual Ink and Visto. Note: "Mr.
Garlinghouse (a general partner with CMGi's @Ventures) says the company's alliance with @Ventures, which owns roughly 20 percent of Buyingedge.com's equity, could bring in traffic from CMGI's other properties. Mr. Marino adds that the site plans to add larger vendors and more product content in the coming months, as well as relocate from Connecticut to the Silicon Valley."
-Float only 4.9MM, less is trade-able....
-Priceline.com has a market cap of about $10 billion while IMAA's market cap is a mere $82 Million.
Best of luck covering! |
