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Technology Stocks : AltaVista Company (ALTA)

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To: AmericanVoter who wrote (23)2/11/2000 9:28:00 PM
From: fut_trade  Read Replies (1) of 110
 
...how he plans to beat the competition

No one cares if he can/will beat the competition. How will anyone be able to really judge if, and that's a big if, ALTA does beat any competition? All we ask is that the company have a business model to generate some positive cash flow in the foreseeable future without selling more shares to the average-joe momentum investor. Is that asking too much?

On a side note, I got a good laugh last year when CMGI threatened to buy all of LCOS after that silly deal with USA Networks scared LCOS shareholders sufficiently that they were bailing out in droves. What is funny is that CMGI had owned over 80% of LCOS years ago and they've been dumping the stock for years at lower prices. That's how they raise cash -- by selling i-net trash, so why would they pay cash to buy it back? Well, at any rate their threat worked because LCOS went right back up a few days later. That's why I think the ALTA IPO will be a success -- the i-net mania is still alive.
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