Valley Media (VMIX) IPO Message Board

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Non-Tech : Valley Media (VMIX) IPO

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To: tool dude who wrote (68)	4/10/1999 7:36:00 AM
From: Glenn Petersen	Read Replies (1) of 298

When making comparisons to NSOL, PCNTF, GNET and MSPG, we need to remember that VMIX is not a pure ".com" company. Only 18% of their sales for the period ending December 31 were Internet related, and while that percentage will certainly grow, VMIX remains at heart a distributor. Having said that, I still think that it is a screaming buy under 30. The quiet period ends April 20 and I would not be surprised to see the stock move into the low 40s once it gets some formal coverage. Ultimately, someone is going to acquire this company. I missed the first run up and I had all my funds locked up when it dipped to 24 yesterday. I am hoping for another dip on Monday. Good luck.

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