To: ksuave who wrote (38632 ) 12/6/1999 9:39:00 AM From: Kimberly Lee Read Replies (5) | Respond to of 108040
Sympathy play with MSPG, buying GEEK, 10 3/8, 5/8,3/4. It's resting on only a few ticks above 52 wk low of 9 1/8. Float is only 3.1M, 52 wk high 61. Among the ISP sympathy plays, it looks like GEEK would have the highest upside potential. Internet America, Inc. Ticker: GEEK Page 1 of 10 Complete Financials: September 1999 Exchange NASD FY END JUN ISSUE DATA (12/03/99) PER SHARE DATA RATIOS Price $ 10.00 EPS (TTM) $ -0.61 P/E (TTM) NM 52W High $ 61.00 Div. Rate $ 0.00 Yield 0.00 % 52W Low $ 9.13 Book Value $ 1.46 Price/Book 6.84 Shrs Out 7.06 Mil Cash $ 0.47 ROE (TTM) -40.66 % Float 3.20 Mil Rev (TTM) $ 3.14 ROA (TTM) -24.41 % Mon. Vol 2.92 Mil Curr. Ratio 0.76 Beta NA LT Dbt/Eqty 0.03 BRIEF: Internet America, Inc. is an Internet service provider that provides an array of Internet services tailored to meet the needs of both individual and business subscribers, with approx. 105K subscribers (as of 9/99) in the southwestern U.S. For the 3 months ended 9/30/99, revenues rose 41% to $5.8M. Net loss totalled $1.6M, up from $191K. Results reflect an increase in the number of dial-up subscribers, offset by increased advertising costs. nternet America encourages Web users to be square by promoting its services with a 1-800-BE-A-GEEK sign-up number. The company offers a package that includes unlimited Web access in addition to e-mail, Internet relay chat, file transfer protocol, and news access. Other services include multiple e-mail mailboxes and personal Web sites. Its 50,000 customers (primarily individual users) are concentrated in North Texas. The company's Airnews.net, which is included in its dial-up access package or can be purchased separately by other customers, offers access to millions of news articles and serves about 3,800 customers in 35 countries. Chairman William Hunt owns about 19% of the company.