Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: HRAKA who wrote (26881)	4/5/1999 3:39:00 PM
From: IJReilly	Read Replies (1) of 122087

HRAKA- In my opinion, the Edgar-Online IPO can't be worth too much to TRAC. Edgar-Online had $2mm in revenue last year. What are their growth prospects? Obviously there will be growth, but who really uses it besides online-type traders? Most institutional traders have Bloomberg; and there is already competition with FreeEdgar. I'd be surprised if a 10% share was worth more than $30 million, or $2 per share to TRAC. Of course, there are other explanations for TRAC's recent run-its upcoming online trading, etc. I'm starting to build a short position in anticipation of a pullback next week. IJ

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