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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (62964)	11/20/2000 10:26:52 AM
From: Anthony@Pacific	Read Replies (2) \| Respond to of 122087

MPPP<------------ insidetruth.com November 16, 2000 Attention All Business Editors: Pacific Equity Investigations Initiates MPPP with an Immediate Sell Recommendation Business Editors NOTE TO EDITORS: The following is an investment opinion issued by Pacific Equity Investigations San Diego, CA -- NOVEMBER,16 2000—Pacific Equity Investigations Initiates Coverage On MP3.COM, INC., (MPPP) with a SELL rating and a price target of 1 dollar in the next 6 to 12 months. MP3.COM, Inc. (NASDAQ: MPPP) has no claim on the MP3 audio file format. It is one of hundreds of sites that allow downloading of music on the internet, according to Michael Robertson, CEO of MP3.COM, Inc. Due to its role as a defendant in multiple class action lawsuits, MPPP faces significantly more exposure than it does from fines and court imposed monetary damages to the major and small record labels, according to Anthony Elgindy of Pacific Equity Investigations. MPPP raised hundreds of millions of dollars in the public equity markets upon a business model that was found by the courts to be in willful violation of copyright laws. Investors should consider that MPPP has never demonstrated its ability to execute a viable business model. Until now, MPPP has depended for its revenue solely upon internet advertising, which has proved inadequate to support hundreds of heavily marketed public websites. Having absorbed steep losses on its operations since day one (in addition to the legal costs, damages and settlements for its copyright infringement), and now faced with paying royalties for every download, MPPP now pins its hopes on launching a subscription site. It is doubtful that this model will generate sufficient revenues among its target audience to ever mitigate its history of losses. Additionally, the emergence of a powerful new model of music distribution, including Napster and its many variants, makes MPPP's competitive landscape far tougher than when it IPO'd a year ago. “ I wouldn’t buy this stock unless I wanted to join my comrades who own ETYS and STMP @ the soup line. Noone should ever listen to The Big WallStreet Firms,they arent upgrading and downgrading for your benefit. “ said Elgindy. Pacific Equity Investigations is an equity valuation research center. It may and often does have positions that are consistent with its reports. Anthony Elgindy is a professional trader and analyst, and one of the most well-known investment commentators on the internet. His work has been featured in numerous financial news media. He has appeared on TV shows "20/20" and "Justice Files" speaking out to warn the public about the risks of fraud and overvalued equities. www.anthonypacific.com EMAIL: pacificequity@msn.com 760-635-5900