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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: bob oserin who wrote (3799)12/23/1997 8:57:00 AM
From: feltburner  Read Replies (1) of 10786
 
Bob O: Alydaar paid $6.5mm in stock to own 100% of Alydaar Europe. This is well less under 1X est. '98 revs. from this div. Sounds rational enough to me. By the way, I had spoken w/ Keith Shipton of Chase on two occasions before ALYD bought full interest in the JV and called him immediately after the announcement to find out why they would be selling; he told me that there was a minor difference in how the cos. wanted to market to potential clients. Who knows if that is the full reason, but at that time, he said the JV had many leads but no contracts- suddenly ALYD is signing many deals in Europe. Wonder whose marketing ideas were better?
- Felt Burner
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