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Technology Stocks : 24/7 Media, Inc. (TFSM) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Peterson CPA who wrote (361)	1/6/2000 9:13:00 AM
From: Richard Tai	Read Replies (1) \| Respond to of 669

mark, for whatever reason tfsm declined dclk's offer a few months back. an article i posted makes it pretty clear that an offer was made but was refused because tfsm wanted more. that kind of management short sightedness seems silly now after seeing the rise in dclk's and cmgi's stock prices. adfc, an inferior company imo, has seen it's stock rise from 24 to 84 since nov just because of being bought out at the right time and being tied to the cmgi rocket ship. my 2000 resolution was to not try to be 'smart' or 'cute' as far as the stock market is concerned anymore. i've decided to no longer look for secondary and tertiary names like tfsm, bnbn, lcos, etc. and instead to just buy the leaders dclk, amzn, yhoo. this method is easier and historically more profitable. i still think tfsm will get bought out, but i just don't care anymore. tfsm has definitely lost any leverage they may have had as the market has demonstrated and a buy out now would be for a smaller premium and with cmgi's and dclk's stock poised for a correction at some point i would say it makes it even less desirable. easier money elsewhere, i think.