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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: BarbaraT who wrote (13340)8/3/1999 5:32:00 PM
From: Norms  Read Replies (2) | Respond to of 108040
 
Clarifications explaining the deal are coming. This is a great thing and you will see soon enough why IJNT will become a world leader in the telecommunications industry.



To: BarbaraT who wrote (13340)8/3/1999 5:36:00 PM
From: gizmo&jack  Respond to of 108040
 
The 37MM is an investment in top of the line technology necessary to achieve IJNT's goals. I am always amazed when a company shoots up because it receives 5 or 10MM in financing. Often there is no plan whatsoever what is going to be done with the proceeds, but the stock jumps anyway. This is a far better situation IMO. Investment never seemed to hurt AMZN's stock until recently, and even now it has sold off only because the whole net index just moved too far too fast and Greenspan can't shut up. But the market caps are still huge and the room for IJNT to move is there.