Greg,
Thanks for posting the "Motley" report, and believe me, it IS MOTLEY. These guys must not have even read the press release. That was a really irresponsible post by the FOOL. The "air conditioning" executives aren't going to be running the business. The Rare Medium people will be. And what's that statement about "in
light of the fact that the deal could have been largely stock-financed ". Could have been? They didn't read the press release!
And I get a kick out of Faber putting the chart of ICGN up and comparing it to MARG, SEVL, KTEL, etc. Sure, the relationship is INTERNET, but, when are these people going to figure out what has happened here. This isn't a stock that has gone up because all internet stocks are going up. This stock is going up because people are starting to realize that this is basically an IPO for RARE MEDIUM without going through all of the hassles. Listen to Meyers on the audio on the web page and he was asked about when he would IPO. He said they were looking at IPO'ing along with some alternatives like mergers, etc. That was in January.
Now, ask yourself what the market would have put on this if it was a new IPO, triple digit growth, profitable, with big name clients.
We've only just begun!!
MJ |
