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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (22614)3/27/2000 2:56:00 PM
From: Rande Is  Respond to of 57584
 
[SVNX]
DJ MasterCard/724 Solutions -2: For Payment
Transactions


27 Mar 8:16

TORONTO (Dow Jones)--MasterCard International confirmed that it and 724
Solutions Inc. (SVNX) have entered a strategic alliance to develop and deliver
software solutions for conducting payment transactions using various wireless
Internet devices.

In a press release, MasterCard said its member financial institutions
worldwide will be able to use 724 Solutions' technology to extend highly secure
payment capabilities to customers who can make purchases or pay bills using
wireless devices.

A story published at 12:05 a.m. EST (0505 GMT) contained the major details of
this alliance.

724 Solutions creates wireless financial services for financial institutions.

-John Moritsugu, Dow Jones Newswires; 416-306-2100



To: Rande Is who wrote (22614)3/27/2000 3:13:00 PM
From: JLS  Read Replies (4) | Respond to of 57584
 
IIXL is attempting to cross it's 100 day ema right here at 40. I am watching it to see what it does after playing it several times from the lows to the ema's.

Comparing IIXL to RRRR

RRRR
market cap: 4.3 bil
float: 40 mil
sales/share: 1
annual revs: 36.7 mil

IIXL
market cap: 2.3 bil
float: 21 mil
sales/share: 4.99
annual revs: 218.3 million

RRRR is getting analyst attention (2 upgrades today) for the VC activities that it has, supposedly adding value not yet realized in price. Does anyone know anything about RRRR's VC division and it's potential to generate revenue? Is it enough to give it a market cap 2 x's that of IIXL's when it's rev's are an 1/8 of what IIXL makes? Wondering, Julie

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