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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Tradelite who wrote (47706)	6/30/1999 8:07:00 PM
From: SAMS BONE	Respond to of 120523

no tradelite, you needed 116 shares of WCOM to move it to the "flow in" side <ggg>

To: Tradelite who wrote (47706)	6/30/1999 8:58:00 PM
From: Tradelite	Respond to of 120523

Hope this IPO info will help someone. IPOs seem to be popular right now, and I've been browsing SI to see what's being said about a few new ones that I just happen to know something about. I found some misunderstandings and a lack of accurate information about them. Within the next month or two, you will be able to trade stock in Realtor.com, which will be listed on the stock exchange as Homestore.com.....No ticker symbol known yet. This site contains the most complete inventory on the Internet of homes for sale across the U.S. Rumored opening price of this IPO is in the 40s, which is too rich for me in the initial stage, but that's my personal opinion and has nothing to do with the topic of my post. We will probably be hearing a lot about other similar sites and the differences between them will confuse a lot of people. Among the Realtor.com (Homestore.com) imitators and competitors is HMSK (Homeseekers.com....an OTC BB stock currently trading around 4 although it was much higher at one time.) The other one is the Microsoft real estate site, which I no longer have bookmarked so I can't direct you there, but you can easily find it through the MSFT website. To date, Realtor.com remains the biggest of this little pack, and if I hadn't thrown out the latest figures comparing the number of home listings on each of the competing sites, you would see this graphically. Because of involvement of the NAR in Realtor.com and because of the business models and business arrangements these sites have with real estate brokers and individual real estate agents, Realtor.com also is probably destined to remain the leader, as well. One bit of misinformation I see on SI about these sites is the assumption that they somehow make money from the sale of homes (wrong). They make money the same way any website makes money--thru ad sales and linking arrangements with other websites. To conclude my little speech here, it should be disclosed that I have registered for the opportunity to obtain shares in Homestore.com before it goes public (but probably will not buy if the price is truly $40 or more--I'll get it cheaper on the open market right along with the rest of America) and also that my name, photo, and personal webpage and home listings appear on both Realtor.com and Homeseekers.com. Didn't really have a choice in the matter, however, and one should not assume that I endorse the goals and machinations of the management behind these organizations with all my heart and soul, because I do not. [end of speech/do your own research]