Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Log On America, Inc. LOAX -- Ignore unavailable to you. Want to Upgrade?

To: ISP_Investor who wrote (202)	6/18/1999 5:30:00 PM
From: ISP_Investor	Read Replies (2) \| Respond to of 353

Below is a link to a company that is an excellent comparable for LOAX. hoovers.com Almost exact same sales, same industry (ISP and doing high speed access), same geographic area, etc. Frontline is growing at a breakneck speed though and has shown this with their financials. They have 46 people are growing at 800%+ in employees, have sales growth of 100%, an excellent management team, etc. Would you pay more or less for Frontline given they are in the same business as LOAX? Guess what: They are valued at 30M and LOAX is valued at 91M. Why is the value lower? In my opinion Frontline has been trading for longer than LOAX and doesn't have the thin float. If you truly believe in arbitrage, you could buy Frontline and sell Log on America and bet that the valuations would come back in line with each other. - Just a thought, but as always- Do your own homework longs and shorts alike and make up your own mind. Anything I post out here should be nothing more than a single data point in a maze of information between your ears! Cast your vote: ( ) Log on America???? ( ) Frontline???