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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (13350)1/31/1999 2:31:00 AM
From: Phil Jacobson  Read Replies (2) of 29382
 
Sergio,

Welcome back!!!

Re: VRIO, if I were an insider I'd be selling too! I haven't been on the thread too much lately but I assume you know the basics. Company loses an unbelievable amount of money. They can solve some of the bleeding by migrating to QWST network but it's a long haul to get there. There's so much else in the market with regard to good companies that don't have these issues I don't see why it's worth taking a chance.

The VRIO IPO outlines all the prices they paid for the companies in their consolidation play. Incredibly high prices were paid for the underlying ISPs, as much as 14 times revenue for companies losing piles of money. Most were about 6 times revenue as I recall.

That said, they talk the talk and have outstanding backing on the Street. Sometimes that's all it takes.

Also, a lot of the stock board "pundits" are touting VRIO as the next NSOL. Makes me LOL, they're not even remotely in the same business except as 3rd cousins supporting the same end users.

Phil
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