MGVN - Radiotower.com Message Board

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Microcap & Penny Stocks : MGVN - Radiotower.com

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To: John Veltheer who wrote (103)	5/7/1999 11:45:00 PM
From: CIMA	of 148

I've heard this rumor from an informed source more than once. It wouldn't happen at anything near this price. Multiply the share price by 6x to 10x and maybe you'd have a deal. It does seem to be in the game plan though: ATTRACTIVE ACQUISITION TARGET BY MAJOR PORTAL The demand for web sites within this niche is proven. For example, Broadcast.com, a similar web site, broadcasts 385 radio stations. Radiotower.com broadcasts 854 stations. Broadcast.com will be acquired by Yahoo and currently trades around $140.00 per share with a market capitalization of approximately $5 billion. With expected increases in bandwidth, non-text content (audio and video) are prime assets. The major portals are very interested in adding to their text dominated content with audio as demonstrated by the bidding war that took place for Broadcast.com. It is our opinion that the end game scenario for RadioTower.com is an acquisition by a major portal or other media company seeking an online audio presence. While this scenario is not certain, it was our impression from discussions with both founders that an acquisition or partnership with a major online portal such as AOL, Excite, Lycos, etc. is the goal of RadioTower.com.

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