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Technology Stocks : Infocast (IFCC)
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To: leigh aulper who wrote (28)7/14/2000 11:52:31 AM
From: Len Hynes   of 94
 
Hi leigh;
You may have seen a comment on the Raging Bull thread about a rumour that there may be problems with the i360 deal . Here is a copy of my response the the comment...I thought that you may be interested in reading it:

Hi makelikewater;

Because the i360 deal is a very important one for InfoCast and for us as shareholders, I calledthe company to check out your comment. I was informed that everything is on track for a mid-August consumation of the deal; there is no truth to the rumour you mention.

Also, once the deal closes , InfoCast will be pushing to submit their application for a Nasdaq listing by Labour Day.

Given that there are additional interesting developments going on behind the scenes(I am not aware of specifics), this , in combination with the aforementioned issues, should spell the end of the IFCC share price near these levels.

I trust that this information will clarify your concerns in these matters.

Regards,

Len

Ragin
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