Stayhealthy.com: Monitoring your wellness on the Web Message Board

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Biotech / Medical : Stayhealthy.com: Monitoring your wellness on the Web

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To: Fred Ragan who wrote (965)	10/2/2000 4:13:59 PM
From: Madeleine Harrison	Read Replies (1) of 3785

Hi Fred, This is a partial answer which others may add to, I am sure, but I am short of time and shorter of brains. In my opinion, the primary function of a company in Stayhealthy's current track is to raise money in order to fund manufacturing and expand growth/revenues. STAY raised "significant" money from ideaLab AND acquired a company. Sounds like a good deal to me. We also get the benefit of the rather amazing Bill Gross as he joins the STAY B of D. Some have called him eccentric, others call him the "Bill Gates of the dot.coms," and most all agree that he is brilliant. idealab! is going to IPO. Maybe something will rub off on us; they sure have nice underwriters... Another VERY impt. value to STAY in this arrangement is that we get the benefit of another 6 Mil "eyes" on us via our new relationship with idealab's other dot.coms. Combined with what we already have in customer referral arrangements, I would confidently guess this make STAY the health site with the most "hits." This should convert to excellent sales of Stay devices. -Madly

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