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To: Danny who wrote (96881)3/20/2000 12:57:00 PM
From: Glenn D. Rudolph  Read Replies (3) | Respond to of 164684
 
VERT and ICGE running out of money? Give me a break.

Danny,

I was not concerned VERT would run out of cash. I was concerned about the market reaction which is not good at the moment. I am thinking of going for the gusto and adding a few more shares here. Not sure that is wise.



To: Danny who wrote (96881)3/20/2000 1:24:00 PM
From: H James Morris  Read Replies (2) | Respond to of 164684
 
>CDNow (CDNW) was mentioned as running out of cash,
but it just received a big cash infusion.
Danny, where did you hear this? Since Columbia House pulled the plug Cdnw needs money fast.
Now Vert is much different animal. Verts 2 largest institutional investors are Putman and Janus who's pockets are deeper than Gates.
Vert won't have a problem getting cash. Trust me.
This Barrons article has stirred up the bulls who have shares in the companies listed.
All Barrons has said is these companies will have to return to the capital markets and they're probably right.
What's the big deal? Name me one public company that doesn't?
I think the only concern here is most lenders prefer to lend money to profitable companies. But if that was the case with new economy stocks... no money would ever be lent.
Btw
Have you noticed how many of these large cap stocks with high P/E's and no real earnings are getting trashed?