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Technology Stocks : John, Mike & Tom's Wild World of Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Original Mad Dog who wrote (849)	4/20/2000 4:56:00 PM
From: John Pitera	Read Replies (1) \| Respond to of 2850

MD, I'm behind on getting back to folks with this mkt. glad to hear you like TIBX, it's great because researching TIBX's buildout lets me keep a better eye on ARBA and others. that they ran a list of the top 5 B2B's in terms of being nearly out of cash. They included CLRS on the list as No. 5. These "journalists" used Dec. 31 cash figures, even though CLRS just raised at least $15 a share (about $200 million) in a secondary priced at $115 in early March. CLRS immediately went back down to 37 or so, giving it a market cap of just over $500M. excellent point about forgeting the 215 million CLRS raised in the March 7th secondary. Barron's had Vert as # 5 in their big piece a month ago. The 100 Million dollar 3 year deal with MSFT had been inked to recently to be included into the figures. Barron's had Uncle Vert on critical life support and now mysteriously, they are off of the top cash burner list. -g- It goes to show that if you know more about the companies and business developments that occur in them it gives us an advantage when these market inaccuracies show up in the media. John