Hello, Mac, and thanks. My research is pretty limited to a look at the websites, reading news releases, and the two boards. Only 2 messages on Raging Bull, but the second asked some questions that I thought someone here would be willing to address. For a potential investor like myself, these are reasonable hesitations, so I hope someone can put them to rest. When they do - wow, this looks good so far. And it doesn't seem that there is a lot of "think" time left.
It's the middle issue, the NEED addressed, that I am most interested in.
The post is by "Karlon" on Raging Bull and is being posted without his/her permission.
Thanks for any help, Raven
the post: By: Karlon Reply To #1 by Andyho Monday, 27 Jul 1998 , 11:35 PM EDT I agree that this company as a great deal of potential, but I have some concerns that I'd like to present.
-- This company is very young and as such, we have no financials.
-- I'm not sure how lucrative the market will be for personal computers. I do realize that a great deal of the computers out there are not Y2K compliant, but personally, I was recently forced to buy a new computer since my old 486 just wasn't up to running the new applications. If people with 386's and 486's haven't yet bought and will not buy a new computer by the year 2000, will they have applications that are greatly affected by the change of the millenium? Will they even think about the Y2K problem if they don't 'keep up' with technology? AND, if PINC does make a deal with AOL, won't most of the AOL users probably have PC's current enough to handle all those graphics, etc? I'm now thinking people who connect to the internet in the first place have a decent probability of having a current computer (though I do realize that this is just a fraction of their market. But it's still worth considering).
-- Another issue is that the web sites themselves don't have a great deal of information about the product.
planetcity.com
millenniumbugkit.com
Yes, the company is fairly new, but the sparcity of information is still a bit disconcerting.
Please understand that I am not a 'basher' or a 'nay-sayer.' I am seriously considering investing in this company. There are just some questions that are holding me back. I will probably give the company a call as well.
Thanks for your time, |