SEVL(=$7.) and EDUV(=$2.): a relationship exists:
Pasted from previous posts on EDUV thread- This is getting more interesting!
To: MF (190 )
From: Ryan Leslie Monday, Mar 8 1999 8:20PM ET
Reply # of 392
Huge News!
I just got off the phone with Mr. Bruk, the CEO of Eduverse. I learned some really important things that, as far as I know, haven't been fully understood by the investor public.
1. Eduversity - how does it work?
The message boards have had quite a few posts on this one. None have fully grasped how fantastic this deal is, and some are completely wrong.
Eduversity.net mirrors Tutorials.com and all other
tutorial sites run by 7th Level. This includes the
big ones like AOL. Each time a tutorial is purchased,
the owner the website through which it is purchased
gets 35%. The company that made the tutorial gets
35% and 7th Level gets 30%. So, if someone orders a
tutorial through Eduversity, Eduverse gets at least
35%. Here's the most important factor: Eduverse also
developed (and is continuing to develop) many of the
tutorials. If you do an English tutorial (or ISO, or
one of EDUV's growing line), then Eduverse gets an
additional 35%. So, Eduverse now has tutorials on the
big boys like AOL.
This is huge! 7th Level's stock went flying when their deal with AOL was announced, but almost no one has realized how big it is for EDUV. EDUV is now making more and more tutorials, which will now have
even greater exposure and thus bring in more revenue.
2. TheGlobalStore.Net
There's also been lots of speculation about this one. Here's the scoop:
TheGlobalStore.Net is being designed by Digital River.
That means it should be one slick looking site. The
release date for the site is still March 15, which is
very soon. Any message you see that says otherwise is
not in agreement with what Mr. Bruk told me today. Over
100,000 products will be available, including software,
books, and seemingly everything else.
3. Translated sites
Eduverse plans on having their sites be in several
different languages, as to be more accessible to the
global marketplace. Very few ecommerce companies have
been able to do this. It is much more difficult than
it sounds. For every single change or addition made to
the site, those changes must be reflected in all the
other languages. Eduverse is taking a huge step in that
direction. FreeEnglish.net will be in 6 different
languages very soon, which will really increase the value
of this site.
With all of this in mind, and the awesome reviews and sales of English Pro, I think this stock is unbelievably undervalued. I really don't think they market has realized what a gem EDUV is. It's just a matter of time before this really sinks in.
Ryan
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