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Technology Stocks : AHWY -- AudioHighway.com

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To: Wayne Rumball who wrote (15)12/26/1998 12:43:00 PM
From: Kimberly Lee  Read Replies (4) of 399
 
This is a piece of unadulterated garbage. Ever wonder why they had
to reduce the offering from 12-15 to 6.5?
exchange2000.com

Highlight: the total revenues for the first 9 months of 1998 amount to $87,000, on which they somehow manage to lose 2.24 million dollars. So during that 9 month period, on an average day, this company generated a whooping $317 in revenues and $8,160 in losses. I
challenge anyone to find a worse piece of sewage seeping through the Internet IPO pipeline. Well, on second thought, perhaps I will set up a SnakeOil.com. Buying this stock is strictly a game of dumb and dumber, a game of investing in the hope and prayers that someone
considerably dumber than you will bail you out sometimes in the future.

Nevertheless, I did play AHWY several times on the long side with consistent success, but I am really surprised that no one has pointed out the company's glaring weaknesses here yet.
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