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Technology Stocks : Homeseekers.com (HMSK)Selling online real estate with MSFT

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To: alczervic who wrote (4)1/16/1999 12:09:00 PM
From: Catawbakid  Read Replies (3) of 8
 
The news release provided little detail about the financing other than the lenders got unrestricted stock at $3 a share meaning the lenders could double their money by selling right now.
Can HMSK management put the funds to effective use is the question?
The application for a NASDAQ listing has to be a positive.
HMSK has potential especially if the internet craze continues. But I would not be a buyer at this price as the stock is clearly overbought. There is good support at $5.
Let's see what the company can accomplish with the $8.7 million.
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