IMAL - Online Shopping Mall Message Board

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Technology Stocks : IMAL - Online Shopping Mall

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To: jjs_ynot who wrote (217)	12/27/1998 1:01:00 PM
From: jjs_ynot	of 399

On the positive side, here is a post from YAHOO the guys that were running Imall left in the 3rd quarter. Larry Rosenblatt took over in the third quarter and got rid of the seminar business in Salt Lake City. (read the 12/22 USA today article on Imall). Things have changed at this company. Whether they are good or bad we will have to see how they play out. (Rosenblatt seems to be making the right moves) I do know that FDC would not have invested 14M so far just to take a tax write off. They do have a plan for Imall! Lets just see if it works. I have to agree that the FDC investment is a huge positive endorsement. FDC is a super clean and super careful company. As the nations (probably world's) largest credit card processor; they need to keep squeeky clean. Their recent investment is also an endorsement of the new management it appears.

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