Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: Eric Wells who wrote (72732)	8/8/1999 10:45:00 PM
From: Glenn D. Rudolph	Read Replies (1) \| Respond to of 164684

I agree. My view is that Women.com, FTD.com, Hotjobs.com and many other internet companies should cancel their IPOs - not postpone them, but cancel them completely. I think most of them are junk, and I think their motivation lies in trying to milk the mania for net stocks to raise cash. If these companies have viable business plans, then they should have no trouble in going out and borrowing the money - and paying it back from the profits they make. Once these companies become established and have proven themselves through profitability - then, perhaps, they should consider an IPO. Eric, It is my opinion the above comment is the best post of the day and the most accurate. This also may be said about a lot of firms that already have completed their IPOs. Glenn

To: Eric Wells who wrote (72732)	8/8/1999 11:48:00 PM
From: Victor Lazlo	Respond to of 164684

<<My view is that Women.com, FTD.com, Hotjobs.com and many other internet companies should cancel their IPOs - not postpone them, but cancel them completely. >> Eric, I am not sure the VC's would agree with you on that <g> Speaking of hotjobs, I read an interesting story re monster.com; how the founder sold it in 1996 or thereabouts to another co that had a lot of unrelated operations. Now monster is that company's biggest revenue producer, and if I recall, is quite profitable. If memory serves me, the founder got $9 million or so for it. Can you imagine what the mkt cap of monster.com would be now had it gone directly public sometime in the last couple of years? Victor