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Strategies & Market Trends : Rande Is . . . HOME
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To: Rande Is who wrote (22652)3/28/2000 11:05:00 AM
From: If only I'd held  Read Replies (1) of 57584
 
No word on ads yet, but I talked to them yesterday and they said things were on-schedule and they were doing final tests on the site right now. I agree with you about the split. The website is not what generates the most excitement for me, although I am sure it will enhance the bottom line. I am more excited about the investment banking end of the business. Now that they are bringing in some working capital, they could soon be in position to do some deals. They could make 2 times their present market cap on just one decent deal. I am really impressed by the way these guys have turned the company around. Those bad aquisitions they made a few years ago really messed them up....but they didn't let it beat them.

I'm not real excited about seeing them spend a lot of money advertising the website. I beleive the business will come in time, without having to go crazy with ad expenditures. I'd rather see them preserve their capital for investment banking activities. More money in that. I am opening an account and funding it to play some BB's. I have Ameritrade and Etrade accounts, but I can't bring myself to send any money back to them. Ameritrade was a horrific experience for me....and I am not ready to go back to that.

I'm curious as to whether you ever looked at that RELL I told you about. Analysts just raised their targets on the stock the other day.
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