IMAL - Online Shopping Mall Message Board

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Technology Stocks : IMAL - Online Shopping Mall

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To: Pluvia who wrote (303)	1/7/1999 9:28:00 PM
From: jjs_ynot	Read Replies (3) of 399

Just to be clear, the stock that was sold was already issued stock. It was not a part of a new issue. The buyer was First Data Corporation, the world's largest credit card processor who has agreed to bring between 20,000 and 40,000 merchants to the IMAL sight as a part of gaining access to purchase warrants which are exercisable at a price higher than today. Since FDC expressed that vote of confidence, a number of online vendors have signed up including 14 of the biggest in the last week. biz.yahoo.com The real test will be revenue growth in the next two quarters. However, IMAL was ranked 9th shopping site on the web: www1.100hot.com That is the reason that people consider this to be a potential winner: biz.yahoo.com FWIW, you might want to be ready to cover your short if half of the potential comes to fruition.

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