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Technology Stocks : MessageMedia Inc. (MESG)
MESG 18.65-25.4%May 25 5:00 PM EST

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To: James Heaton who wrote (7)1/19/1999 12:17:00 AM
From: John Lawrence  Read Replies (2) of 553
 
MAIL - hot hot hot

That's what I have to say, Seattle Jim.
This is one internet stock that already has a strong and growing revenue stream. As the chart shows, this one is going up. Spikes are followed by short (up to 18 days) periods of consolidation. The client list includes over 60 major companies including E-Trade, Bertelsmann, and most recently, Barclays Bank. With the importance of interactive e-massaging, the backing and network of Softbank, and the proven ability of MAIL to land contracts with some of the biggest companies in the world, it is a certainty that more major contracts will be announced - and given the recent history of announcements, there will almost certainly be more very soon. MAIL has $7 million cash in the bank. This is an internet company that has solid revenue now, and will get much more. Softbank, the major shareholder, will ensure that MAIL can buy technology or companies as needed. Current investors are ahead of the curve in the sense that the first quarterly report from MAIL, after having grown out of FVHI, is due in about a month. In other words, much of the street, and many potential investors, do not yet realize that the last Q report from FVHI does not represent the current picture at MessageMedia.

IMO, this is one internet stock that can comfortably be bought and held. Mind you, it's not bad for day-trading either, especially since the trend is clear.
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