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


To: Wil Faller who wrote (214)6/23/1999 8:35:00 PM
From: Phantom Dialer  Respond to of 298
 
THIS IS GREAT NEWS!!!!!!

<EOM>




To: Wil Faller who wrote (214)6/23/1999 8:37:00 PM
From: Shtirlitz  Read Replies (2) | Respond to of 298
 
Here is a link to the PR.

biz.yahoo.com

Excellent move by the company.
Competition from the side of digital music distributors was one of my worries. This move shows that VMIX is going in the right direction.



To: Wil Faller who wrote (214)6/23/1999 8:54:00 PM
From: Shtirlitz  Read Replies (2) | Respond to of 298
 
<<Also, notice that the CEO is now doing the press releases and that the
CFO has been silenced. >>

I don't think that CEO/CFO did anything wrong with the earnings warning. It had to be done to get the bad news out of the way. They did exactly what they had to do.