Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (61401)	10/25/2000 3:31:52 PM
From: Michael T Currie	Read Replies (3) of 122087

Hollywood.com (HOLL - internet ticketing and entertainment content) looks like a slam dunk medium term zero to me. They are burning cash like wildfire, have very little in the bank, and are not presently generating enough cash flow to cover the losses. In addition, over $170 million of their "total assets" are either "Deferred advertising - CBS" ($21.5MM), "Noncurrent deferred advertising - CBS" ($104MM), or goodwill ($45MM). Total assets are listed as $192 million in their latest 10Q. Accumulated deficit is -82 million. It looks though this contract with CBS is the only thing holding them together. Anybody know anything about HOLL? Have I missed something? Mike

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