ZD Inc., Ziff-Davis (ZD) Message Board

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Technology Stocks : ZD Inc., Ziff-Davis (ZD)

ZD 38.22

-3.5%

Jan 30 9:30 AM EST

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To: Gutterball who wrote (764)	4/7/1999 9:18:00 AM
From: Jeffry K. Smith	Read Replies (1) of 855

DAN - "After looking at the combined financial statements in that little white book, it is clear why ZD stock is falling. In a nut shell, ZD stock holders haven't gained 86% of ZDNet as they have been lead to believe, but rather lost 29% of ZDNet as described above. Recall, they held 100% of ZDNet before the IPO. It dumbfounds me MS would upgrade ZD, ML had it right!" Did you short this stock? Whoever is foolish enough to think that they "gained 86% of ZDNet" - has rocks for brains. BUT your track seems to gloss over the fact that for % given up ZD gained a lot of money. Jeff Smith

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