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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (34837)	12/6/1999 11:12:00 PM
From: John Madarasz	Respond to of 99985

Les...O/T don't know if you ever caught this link... mentions the rusty stuff... Message 11833402 nice to know Vulcan Ventures has an interest, an ironic "cutting edge" as it were. ...More on metals, is there life after the internet??????? Will value have a place in investing again??????? tune in tomorrow for the answers to these and other market enigmas...<g> moneycentral.msn.com Regards, John M.

To: Les H who wrote (34837)	12/7/1999 10:38:00 AM
From: Fun-da-Mental#1	Respond to of 99985

(OT) Re E-Steel, that's typical of something I'm seeing in my industry too (geophysics + general oil/mining): a company will set themselves up as an internet broker for an established industry and hold a press conference claiming that they're about to take a big slice of the pie. In this case it's Scintrex and they're saying that the oil and mining businesses amount to 700 billion in revenue annually and they're going to charge 5% commission for all transactions conducted through them, so do the math etc. (the catch being of course that most of the companies in this industry already know each other and if they're going to rent a drill rig for a million bucks they're not going to pay $50,000 to do it over the internet, they're going to pick up the phone and call the drilling company.) Not that I'm disrespecting the internet, just the shameless stock promotion. If the company was private not public I'd say more power to them. Fun-da-Mental