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Technology Stocks : VitalStream Holdings Inc. (VSTH)

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To: Paul Lee who wrote ()3/14/2000 5:02:00 PM
From: bogatiy   of 447
 
Its lots more of the same

old hype with SCII. The news release by Partner did nothing except confirm:

1. The acquisition is delayed and may not consummate.
2. The testing of the technology is delayed and just now started.
3. That Partner is involved in testing lots of various technologies and just because N2W's agreement provides for testing means very little.
4. The implied market cap for this company with no product, no revenues, only a call option on potentially worthless rights, is currently about $3bln.

Yes, this company remains among the biggest scams of all time. Let's be optimistic though and assume the aquisition flies and the technology performs as hyped or even better. At that point in time, the stock price will begin to fall and keep going for a long ride down.
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