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Technology Stocks : FATB, Will Ematter matter?
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To: RockyBalboa who wrote (5)11/7/1999 7:39:00 PM
From: Gary105  Read Replies (1) of 51
 
Comments:

1. Company now flush with cash given $20M investment by Paul Allen's Vulcan Venture and $10M investment by Highland partners with Keith Benjamin named to board.

2. Personally I think 100k e-matter documents is critical mass with decent bottom line contribution and that 1 M is mega-bonanza (imo multi-billion $ company) - currently they have about 3500 e-matters growing at about 10%/week. I have personally spoken with company about rate of growth of e-matter and the need to accelerate it. The answers that I get leave me with cautious encouragement - but I will let the company's actions and the numbers speak for themselves. I am also very pleased with company's responsiveness to investor inquiries.

3. Tomorrow Chris talks about e-matter at internet librarian conference.

4. Normally the public doesnt get an opportunity to have involvement in a concept at this early a stage. Generally the venture capitalists grow the concept, then do an ipo at multi-billion $ valuation. I think we will see the latter in about a year when e-matter documents are several hundred thousand. In this case we have new concept with company that is already public.

All imo,

Gary

OT: my daughter has published her first work via e-matter:
www1.fatbrain.com
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