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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Ron Pratt who wrote (93561)4/6/2000 8:57:00 AM
From: Mike E.  Respond to of 108040
 
Further on ISLD, they got the shaft.

Baron's slandered them by publishing they were no. 11 of the companies that were going to burn through their cash and the price got pummelled (Sp?). Here is the real story:

siliconinvestor.com

Barron's Incorrectly States the Financials of Digital Island (Nasdaq: ISLD)

SAN FRANCISCO, March 21 /PRNewswire/ -- In the article titled "Burning Up" that appeared in the March 20 issue of Barron's, the publication based its "months till burnout" calculation on December 31, 1999 financial figures - omitting from that calculation the $740 million recently raised by Digital Island. Information on that financing has been publicly available since February 24, 2000.

Digital Island believes that the successful completion of its recent financing places the company in a strong position of continued growth worldwide as the only provider of a fully integrated set of content delivery, network, hosting and application services.

More information about Digital Island is available at www.digitalisland.net


Then, the double whammy of the NASDAQ crash and it's been beaten up twice as much as many. I'm in for a potential bounce (which looks like it could be happening).

IMHO,

Mike



To: Ron Pratt who wrote (93561)4/6/2000 9:31:00 AM
From: SirRealist  Read Replies (2) | Respond to of 108040
 
ISLD slide caused by lockup expiration, down 50% from recent plateau of 75, big infrastructure, gonna run a bit.