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To: byhiselo who wrote (37533)11/14/2000 10:54:01 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
after expiration i'm looking for this one to join the long list of utter debacles...
or is there something i'm overlooking, that fundamentally justifies this being a 30bn. market cap company at this time. the shares of which incidentally can flip back and forth in a 20% daily range as a matter of course?



To: byhiselo who wrote (37533)11/14/2000 11:01:37 PM
From: pater tenebrarum  Respond to of 436258
 
i might add, ITWO insiders are dumping their stock at an INCREDIBLE pace, far in excess of the companies revenues, and probably even in excess of its losses (which are higher than their revenues).
institutions own 96% of the float, so there's excellent panic potential. the company's cash reserves should disappear within 9 months at the current burn rate. however, it has quite impressive revenues, so it may well get financing before being added to the death watch list.