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Non-Tech : Valley Media (VMIX) IPO -- Ignore unavailable to you. Want to Upgrade?


To: Glenn Petersen who wrote (187)6/18/1999 10:23:00 AM
From: Shtirlitz  Respond to of 298
 
<<A surprise from VMIX may present a buying opportunity tomorrow.>>

I just bought a ton at 15 1/4.

This loss is just growth pains, with no long term implications.
Good luck.



To: Glenn Petersen who wrote (187)6/18/1999 10:42:00 AM
From: Tradegod  Read Replies (1) | Respond to of 298
 
Looks like a huge overreaction: consider

''The warehouse relocation factors are one-time issues that we are now correcting. We are incurring additional expenses to address these issues and improve customer service through this period,'' said Rob Cain, Chief Executive Officer of Valley Media.
''Demand across our entire product line from both traditional and new media customers remains strong and therefore we expect to report strong EPS growth for the full year.''