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Technology Stocks : fashionmall.com, Inc. (FASH) -- Ignore unavailable to you. Want to Upgrade?

To: Glenn Petersen who wrote (41)	12/30/2000 12:51:15 PM
From: Glenn Petersen	Respond to of 76

GENI has no central focus. The Intermedia group, which is rolling out Internet kiosks in malls nationwide, appears to be their primary focus. Kiosks in shopping malls? Please. Car rentals!!!! How does that fit in? NOTE 8 - SEGMENT INFORMATION The Company has five business units that have separate management and reporting infrastructures that offer different products and services. The business units have been aggregated into five reportable segments: Media, Intermedia, Properties, Dynamedia and Car Rental. The Media group conducts direct response advertising campaigns and buys media time and either sells it to third parties or uses it to market its own products. The Intermedia group is deploying the CENTERLINQ network of public access Internet kiosks in shopping malls within the United States. The Properties group maintains the Company's building and generates revenue from the building's tenants. Dynamedia provides creative design and graphic services to clients including Fortune 500 companies. Car Rental rents vehicles principally to the replacement market. Most corporate expenses, such as internal administrative costs, legal expenses and debt issuance costs, are included in the Media group. Summarized financial information concerning the Company's reportable segments is shown in the following table as of and for the nine months ended September 30, 2000: <TABLE> <CAPTION> Net Income Total Revenue (Loss) Assets ---------------- ---------------- ----------------- <S> <C> <C> <C> Media $ 26,301,673 $ (8,400,984) $ 18,330,259 Intermedia 229,241 (6,118,166) 9,908,033 Properties 749,412 (791,809) 12,069,431 Dynamedia 1,043,509 (58,360) 397,540 Car Rental 3,888,071 (1,350,745) 12,432,388 ---------------- ---------------- ----------------- Total $ 32,211,906 $ (16,720,064) $ 53,137,651 ================ ================ =================

To: Glenn Petersen who wrote (41)	12/30/2000 2:17:21 PM
From: stock leader	Respond to of 76

GENI has only a million in cash, but would easily get an investment banker to fund the additional $15 mill necessary for the $2 per share cash buyout. any investment banker would accept this offer since FASH has $4+ per share in cash and no debt. makes perfect sense to me. when SYTE made their offer weeks ago, it was investment bankers who backed the deal. paying $15 mill to get $35 mill is an offer any investment banker can't refuse. they get a nice quick fee out of that transaction

To: Glenn Petersen who wrote (41)	12/30/2000 5:02:28 PM
From: RockyBalboa	Read Replies (1) \| Respond to of 76

looks like J2J (junk to junk) to me, given the afterhours action with some severe asks from REDI and INCA in the low to mid 4s and no takers, there is in my opinion, little trust in the deal or its actual value for Fash. I would short the stock if someone bids it over 5. I have watched the early market action on firm takeouts more than often and I find that then always massive support is provided at the bid... Besides that, it could have been what some people call "end of year mark", with the bidders retracting their offers somewhere next year.