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Technology Stocks : NetZero Inc-(NZRO) -- Ignore unavailable to you. Want to Upgrade?


To: Lucky888 who wrote (44)9/23/1999 6:54:00 PM
From: Shadowed  Respond to of 513
 
received AR from Wit at approx. 6:40 pm est



To: Lucky888 who wrote (44)9/23/1999 7:12:00 PM
From: Glenn Petersen  Read Replies (2) | Respond to of 513
 
As of August 31, 1999, NZRO had 1.68 MM registered users,
891,000 of which used their service during the month of
August 1999. While I understand that trading this stock
tomorrow may have no relation to the underlying valuation
issues, I thought that it might be useful to compare NZRO's
valuation with the valuation of some of the other public
U.S. ISPs. While they certainly have some critical mass,
unlike FLAS and GEEK, I am not convinced that they have a
viable business model long-term. Good luck.

Percentage
Valuation per Market cap/ Decline
Subscriber Sales From High

NZRO (2) 980 110.32 N/A
(registered
users)

NZRO (2) 1,848 110.32 N/A
(actual users)

BIZZ 2,174 6.78 58.04%

ELNK 1,101 4.53 57.36%

FLAS 632 3.65 80.58%

GEEK 878 4.91 79.10%

MSPG 1,369 5.87 58.83%

ONEM 728 4.00 66.31%

PRGY(1) 1,132 7.19 65.31%

VOYN 1,313 7.36 51.22%

(1) Adjusted for acquisition of 150,000 Cable & Wireless
subscribers (transaction expected to close in fourth
quarter)

(2) Priced at $16 per share.

The above analysis is based on a review of the most recent
SEC filings and the September 23, 1999 closing prices.