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To: Victor Lazlo who wrote (94466)2/22/2000 10:38:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
Tommorow am I will have a nice, sweet, tasty, new one for all on this...

Guess I have to wait!
Hi old buddy, I am thinking RMBS puts! can't help it, it's in my genes. <g>



To: Victor Lazlo who wrote (94466)2/23/2000 8:20:00 AM
From: Victor Lazlo  Respond to of 164684
 
Looking at Fortunecity.com, FCT in Europe.

It's a Euro portal / community with multiple sites, one jv'd with time warner and tw owns some of the stock. Membership is strong and growing fast. They are pursuing a U.S. NASDAQ listing, and I think that even the sec filing to do the listing might make it jump, depending on who the sponsors are. They will probably sell some new shares along with the listing.

Trades as FCT on the European markets at about 16 with 29 million shares. About 6 mill are in the float.

They have $50 mill left from their Euro ipo last year. The burn rate is about $9 million per qtr.

IPO'd last march through: Deutsche Bank AG, Warburg Dillon, Sal. Oppenheim jr. & Cie., and net.IPO.

Victor