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Technology Stocks : JW Genesis (JWG) - online trading in the future?

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To: arniegreen who wrote (76)9/4/2000 12:18:59 PM
From: james-rockford   of 78
 
Re: MVP.com. On Nightly Business Report Friday, their friday guest had this to say. From nbr.com:

KANGAS: One of them was JWGenesis Financial (JWG). It was around $15 and it got into the high 20s, and today, of all days, it got a buyout bid, but a very disappointing one. The stock fell 4 points.
RABORN: Paul, it looks like a take under when they say
KANGAS: A take under, that's good.
RABORN: First Union (FTU) is offering $10 to $12 a share in cash.
KANGAS: Right.
RABORN: But you've got to remember that the holders who hold through the end of this month are going to get a piece of MVP.com , which could be worth $3 to $4 a share. So be patient with this one. You'll get rewarded.

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I've never owned JWG, but the above comments caught my interest.--- With the NFL just starting, and John Elway being so high profile in this company. I can foresee a big ad blitz, Elway on CNBC etc... Might be good for a pop when it IPO's.

Of course Fogdog has not exactly been a big success. So, cheez, who knows. All you can do is throw the dice, which is about all this market is anyway.
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