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Technology Stocks : ReSourcePhoenix.com, Inc. (RPCX)

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To: bistineau_la who wrote (4)10/23/1999 3:45:00 PM
From: Rupert   of 21
 
Now this might be more like it...an Internet-related stock that is below its IPO price that may even be fairly valued.

Saw one of their ads in the Wall Street Journal this week and remembered seeing them on the IPO list two weeks ago. The eye-catching ad described "manage-it-yourself" financial applications as likely be be extinct soon now that you can outsource them.

I want to watch this one and see how successful they are signing up additional customers for their software products and outsourced financial software offerings. Customer list includes one of the IPO underwriters:

"RESOURCEPHOENIX.COM SIGNS
THOMAS WEISEL PARTNERS TO
FINANCIAL OUTSOURCING SERVICES
CONTRACT"

resourcephoenix.com

If they eventually get associated with the hot application service provider (ASP) sector, you might expect a higher valuation on this.
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