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Technology Stocks : MPPP - MP3.com -- Ignore unavailable to you. Want to Upgrade?


To: DAY TRADER who wrote (524)8/2/1999 12:21:00 PM
From: mbeach  Read Replies (1) | Respond to of 1116
 
Gee thanks! I'm sure others on this list like myself have difficulty getting price quotes. Keep shaking those pom-poms!



To: DAY TRADER who wrote (524)8/2/1999 3:31:00 PM
From: stockman_scott  Read Replies (1) | Respond to of 1116
 
There is A LOT of smart money behind MPPP....IMO the sell-off that we have seen was a little over done...This is from a recent article on the company...

<<MP3.com got a boost in January with an $11 million investment from Sequoia Capital and Idealab.>>

Sequoia Capital is one of the shrewdest and most credible VC firms in the Silicon Valley. They are very careful about where they put their money and their track record is legendary. Sequoia has helped incubate companies like Yahoo!, Cisco, Oracle, Network Appliance, and E-Loan. They invest early and for the long term.

MPPP now has raised a lot of capital and its up to the company to use it wisely to enhance their business model and move closer to creating a global standard. Some investors may still be under-estimating the potential that this firm holds. Just my views.

Best Regards,

Scott