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Technology Stocks : MessageMedia Inc. (MESG) -- Ignore unavailable to you. Want to Upgrade?

To: White Shoes who wrote (277)	7/24/1999 4:00:00 PM
From: Gutterball	Read Replies (1) \| Respond to of 553

I concur... MessageMedia presently is in a "pre-earnings" quiet period considering it is scheduled to announce Thurs. this coming week; ie, 7/29/99. Between GreenSpam (who talks again Wed 7/28/99)and the quiet period, things have worked out well for Revnet and Decisive Tech. Consider, between Jul 12-19 (6 trading days before GreenSpam), MESG closed above $20 for an average $21.16 per shr. From Jul 22-23 (2 trading days after GreenSpam), MESG closed below $18 for an average $17.44 per shr. I don't see call for upward momentum until after GreenSpam debuts this coming Wed. and then I'm not sure how earnings will play. Plenty of time for Revnet and Decisive to settle below $18 -- I'm thinking 5d moving average at the close. Given the $96 million purchase price for both companies (ie, Revenet $46 million #reply-10044324 and Decisive Tech $50 million #reply-10061610), the effects of GreenSpam, the quiet period, and the Cold Turkey Yahoo!s have cost wee investors a cool million shr dilution. That's... $96 million / $21.16 = 4.5 million shrs $96 million / $17.44 = 5.5 million shrs --------------------------------------- difference some 1.0 million shrs I'm not complaining. It could have been worse. Recall, Distributed bits sold to First Virtual Holdings for 1.35 million shrs and 500,000 options. ResponseNow created a whole new dimension to Messagemedia (Inbound email). Then again the merger with Distributed bits suggests Messagemedia is paying too much for Revnet and Decisive Tech so I doubt Messagemedia is trying to manipulate price. Best Revnet and Decisive Tech take the money and run. And best the Yahoo!s, who only understand an uptick and Viagra... well, enough said.