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

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To: RJ_Ewing who wrote (623)5/2/1999 9:12:00 AM
From: Anaxagoras   of 1150
 
Hi RJ,

I didn't find in your reply anything that explicitly answered the issues I raised to you, e.g.:

...I think it is safe to say that you intend simply to trade the press release stream that you hope will move the stock up. Am I correct?

Apparently the answer is "Yes."

I also asked for your fundamental reasons for thinking this deserves a > 1 BILLION dollar MC. What I've noticed is a mention of CMGI and some "don't forget your checkbook" remarks better suited for the bleachers. The silliness of the CMGI comparison has been thoroughly addressed on this thread already, IMO. There is also the fact of the Apollo financing, the pros and cons of which Infostream.com has nicely laid out. Your other remarks were restricted to general Internut hysteria (apparently it was thought that "They all go up!!!", however Mama Bear has effectively dealt with this) and you also threw in a dash of secondhand TA from a web site. Have I missed anything? I want to know what else I'm up against. So far I'm not worried, except by the press release stream; that is the only serious risk for a short at this time IMO, but it is very, very real and should not be underestimated.

Anaxagoras
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