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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: vampire who wrote (27626)2/25/2000 10:21:00 AM
From: RCJIII  Respond to of 52051
 
VCST's conference call was very optimistic. They have tripled their salesforce. They are focusing heavily on streaming, which is getting ready to be an "exploding" business.

They have a new PR firm and will soon begin an aggresive ad campaign.

They are in talks with several heavy hitters and ISPs.

They have two deals to announce, that are currently in the legal departments of the companies they are aligning with to OK press releases.

They are very upbeat and things look great. Losses were down and revenues were up. I see no rational reason for today's move other than profit taking and general market weakness.

RCJIII