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Technology Stocks : MessageMedia Inc. (MESG)
MESG 18.65-25.4%May 25 5:00 PM EST

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To: Leslie Tack who wrote (322)10/8/1999 1:07:00 AM
From: White Shoes  Read Replies (1) of 553
 
What has happened seems to be that this market is getting incredibly crowded. There are now DOZENS of competitors. I guess MESG will likely wind up having more staying power than many, but right now it's not clear that a high-end model such as the stuff they'll supposedly be offering is going to be needed or wanted by many customers. A lot of the permission-based mail I receive is being done by MESG's competitors. It looks like hell, but gets the job done.

Perhaps the terrain will change long-term, with broadband, etc., putting MESG in command.

There is also the problem of market perception, momentum, etc. This is perceived as a tired old renamed Softbank company with mysterious motivations behind the scenes and a questionable track record. On the other hand, 'fresh' unproven IPO's in this space can soar for a few years before the honeymoon period wears off.

Stock price creates its own problems. MESG can't make acquisitions if these companies are all well funded and/or going public - and its own stock is in the dumper. I dunno how to get that stock to $50 but they need to figure out how, so they can get buyin'.
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