Breakaway Solutions Inc-(BWAY) Message Board

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Technology Stocks : Breakaway Solutions Inc-(BWAY)

BWAY 17.51

+3.7%

3:59 PM EST

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To: John Finley who wrote (107)	1/16/2001 2:36:22 PM
From: kinkblot	Read Replies (1) of 178

Yes, much better the direct investment. BWAY is now stressing that business from ICGE affiliates has been drastically reduced. Furthermore, they are not counting on a reversal of that and are planning accordingly. Future growth must come from other customers, as they stated in the "Comments on Q4" press release: The Company attributes the revenue and earnings shortfall to a sharp decline in business from Internet Capital Group companies, the continuing change in the market environment, and a shift in the Company's focus away from servicing dot com customers and toward engagements with brick-and-mortar collaborative ebusinesses, Global 3000 companies and autonomous divisions of Global 500 companies. What Feuerstein suggests would not be a good strategy for ICGE. "Sick puppies" should be let fail. Funneling money through them is not a good way to support the healthier ones such as Breakaway. The sick ones are not competitive; they will probably fail anyway and BWAY would just end up addressing the same problems over a slightly extended period. Meanwhile, the dependence on weak related parties would make BWAY an easy target for critics. WT

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