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Technology Stocks : HOMS Homestore.com -- Ignore unavailable to you. Want to Upgrade?


To: Mykldee who wrote (7)8/23/1999 7:08:00 PM
From: suchadeal  Read Replies (1) | Respond to of 505
 
NO THIS IS A CO. BEING SUED FOR 300 MILLION BY THE ONE CO. WHO MADE THEM SO STRONG,AND IS BEING INVESTIGSTED FOR EXCLUSIVE LISTINGS. ALSO BURNS 16 MILLION A QUARTER.
LOOK AT HMSK ,AND LOOK FOR A DOUBLE BY WEEKS END . THIS IS A REAL CO. THAT WILL BE IN THE POS. FOR CASH FLO IMO. MILLIONS IN THE BANK NO DEBT,AND A LISTING WILL SEND THIS STOCK THROUGH THE ROOF.



To: Mykldee who wrote (7)9/1/1999 5:28:00 PM
From: $Mogul  Read Replies (2) | Respond to of 505
 
Stuart Wolff, CEO, Homestore.com (HOMS)

From: Rhyder
Date: 9/1/99
Time: 5:05:33 PM
Remote Name: 209.224.198.11

Comments

Stuart Wolff, CEO, Homestore.com (HOMS)

Provides an on-line venue for realtors, builders, and apartment owners to list their listings on the internet

Gives financial incentives in terms of stock warrants to local realty boards in exchange for rights to their multiple listings

Alleged that providing these local multiple listing services a financial incentive would restrict distribution.

Supposedly under investigation to see if what they are doing is legal, but Wolff denies that this is going on