RRRR: Rare Medium Group (soon to be) formerly ICC Message Board

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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC

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To: Anaxagoras who wrote (376)	4/23/1999 3:27:00 PM
From: Anaxagoras	Read Replies (2) of 1150

Their balance sheet was simply laughable before the time of the infusion, the most recent time for which we have financials. Yeah, I'm sure RRRR was in a position of strength when negotiating with Apollo. Haaaa ha hahahahhahaa! They had cash and equivalents of $918 thousand. That's thousands, folks. Less than a million. Gee, how many pennies per share cash is that? Turns out that it was 33% of current assets, while receivables made up 42% of current assets, and then other crap like unbilled receivables (puhhhleeese!) made up 9% and advertising credits made up almost 11%. But who cares about all that number stuff. Too confuuuuusiinnng. Better to dream. It's the future, babe! CMGI! Wooo hooooooo! Ummm, BTW, CMGI never looked like this. Sorry folks. Anaxagoras

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