SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (70834)4/28/2001 10:18:12 PM
From: Tradelite  Read Replies (1) | Respond to of 122087
 
Anthony, lots of people don't like some of the politics and things that go on behind the scenes with HOMS, but that is basically internal "Realtor-stuff" at issue there, and doesn't really affect shareholders, that I know of. HOMS gets a lot of money from sources which have a vested interest in making it work. And because it has so much of this firmly entrenched "institutionalized support", and is a focal point for a really really big industry (real estate), it gets a lot of web traffic and a lot of advertisers.

As it stands today, the company is an asset to individual Realtors, home buyers and home sellers... and not all Realtors make equally good use of that asset by paying for extra services....but it's the big guys who control what goes on at NAR and their investment in HOMS (paid for with mandatory dues paid annually by every Realtor in America)---and so far everything seems to be working in everyone's favor.

Did you know that NAR is not only the largest trade association in America?----it's also the largest and best-funded lobbying group in Washington, DC and plays a big role in protecting private property rights in our country. What it wants, it just seems to get most of the time, and I have to say that it has beaten down some really bad legislation that would hurt the average homeowner and home buyer over the years.

Like I've posted before, surely HOMS stock will deflate at some point and probably will just go up again like EBAY does, because it's a popular stock. But bashing the internal structure of the company might be a waste of time.



To: Anthony@Pacific who wrote (70834)9/20/2003 11:57:32 PM
From: Anthony@Pacific  Read Replies (1) | Respond to of 122087
 
To:Tradelite who wrote (70832)
From: Anthony@Pacific Saturday, Apr 28, 2001 10:08 PM
View Replies (1) | Respond to of 85831

..LETS say that HOMS has 300,000 subscribers , well as " Ralph "told us in his little spiel, 1/2 dont pay anything.
But lets just assume for a minute that every agent pays the max platinum rate of 650/month ... that equals 195 million dollars per year or 49 million per qtr..

This qtr HOMS announced approximatley 75 million in subscriber fees as revenues..

My question is where did the 25 million mystery dollars come from and what for ???

There is a 25 million dollar question per QTR and HOMS wont answer us.......

NOw lets assume Ralph is right and 1/2 dont pay...well the Missing revenue jumps up to about 50 million ,, and that my friends is one hell of a major scam being perpetrated by HOMS

IS this in need of an SEC investigation??..I think absolutely so.

If CEndant is paying tthis extra 25 million bucks for God Only knows what,,,Then isnt HOMS guilty of doing exactly what PPRO did, and that is recognize revenue from a party to whom they paid 26 million shares of stock???

IN essence Cendant is using HOms shares to pay back to HOMS with their own stock thus using their mkt valuation to bolster HOMS's revenues falsely..In essence HOMS is major accounting scam company..

That is the bottom line and that I believe is what Time will prove..

I'll stake my entire reputation on this contention.