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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC
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To: Questerr who wrote (533)4/25/1999 9:30:00 PM
From: Rajiv   of 1150
 
In the last few hundred posts on this thread - I have come across only 2 reasons given by the longs to justify their position

- Play with the big boys like Leon Black.

Apollo (if it invests any money) is unlikely to pay more than $6 for their stake. That is a discount of more than 60% from the current levels. The rules of the game are different for Apollo.

- the next CMGI.

Have you heard penny stock P&D-ers ? Every stock they push is referred to as the next Microsoft. With a market cap of > 500 MM (market cap is > 800 MM if Apollo buys their stake), you are not exactly getting in the ground floor. The market cap is huge for a company which has yet to prove itself. The only thing they have done so far is issue press releases.

Regards.
Rajiv
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