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Technology Stocks : MODA Modacad (Nasdaq: IBUY)
IBUY 71.72-2.3%Nov 4 4:00 PM EST
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To: Henry A. Mackey who wrote (249)7/21/1998 10:21:00 PM
From: Know Genius   of 409
 
MODA will get legs soon. Don't be so sure of what the tape is telling you. SRCM was down everyday in a virtual freefall before it doubled in a couple of days.

MODA is under serious accumulation buy a very significant buyer.

There are several MAJOR announcements which will pick up speed and importance as the launch date nears. Moda's mall will be the largest retailing website to date.

Moda will benefit from both tranactions and hits. Moda is primarily an advertising model much like yahoo and the other portals. As somebody else posted. WWD had a very nice article about MODA's target audience (the teenage girl). Retailers know this is the sweetspot of retailing but it is also hard to get good data. In comes MODA and the retailers are willing to pay.

Moda has over 65 partners and todate they have only announced 10. The other 50 or so will be announced in the coming weeks and the week of the launch. These announcements will be followed by a multi city tour with INTEL and others. It will also be followed up by instore advertising provided by the retailers.

Moda also has 4 other internet site projects that they are about to reveal. But first things first. Buckle up and enjoy the ride. it hasnt even started. I am looking for the first day when we trade 4 times the float!
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