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To: michael r potter who wrote (3224)7/16/1999 11:46:00 PM
From: Joe S Pack  Respond to of 4467
 
This is what doctor prescribed for upswing.
1) Next week is earnings
2) And week after that, week of July 26, is when Internet Capital Group's IPO will come.
Some important points from the news link.
The IPO size is reduced and IBM is investing in it.
IPO price is increased after reducing the number of shares from
16+ Miilion shares to 13.5million.
Has very good and large well known underwriter team
biz.yahoo.com

All these bode well for Monday morning gap up.

-Nat



To: michael r potter who wrote (3224)7/17/1999 12:49:00 AM
From: kcmike  Respond to of 4467
 
Michael,

** OT **

WOW! Thanks for the recap. It sounds like you also had plenty of free time to just sit back and reflect. I think I need to do the same. So how far is it from KC to South Dakota?

Mike

PS. Have you written a book yet?



To: michael r potter who wrote (3224)7/19/1999 11:16:00 AM
From: Gary Kao  Read Replies (1) | Respond to of 4467
 
Welcome back Michael! OT: Concerning your post, I have spent some time thinking about it, and have come to the conclusion that your interpretation is only half-right. There is actually tremendous potential for the people of S. Dakota, if only someone with vision and drive can take advantage of it.
We would love to eat pork every other day, if it wasn't so expensive. Pork at our neighborhood supermarket has always cost $2-3 /pound. Since the farmers are getting only 25 cents, it is obvious that the middlemen --transporters, distributors, retailers-- are pocketing the lions share. It seems to me that pig farmers could take advantage of the great efficiencies of the Internet to bypass all the greedy middlemen. Why not have a cooperative of pig farmers get together to hire an butcher and create a website to directly market pork to the consumer? I would love to be able to buy pork in bulk --50-100 pounds-- if the price could be half of what it is in the supermarket. I would just stick it in the basement freezer and with two growing kids, it would be gone in no time anyway. How about shipping? Airborne and FEDEX routine ship packages in dry ice --we would just need a slightly bigger scale, and even w/ shipping and packaging, the economics could be compelling. THe beauty of the internet is such that inefficiencies, especially commodity-related inefficiencis, are completely bypassed. Just takes someone with vision and drive....

Gary

>To live among people who's income goes down as a bushel of corn, and wheat go for the same price as a Starbucks coffee, and a bushel of oats, for half that. A pound of pork last year got down to less than the price of one pull of loose candy
my kids beg for in a vending machine [$.25],