To: Logistics who wrote (989 ) 4/23/1998 7:15:00 AM From: Mark Jenkins Respond to of 25711
RE: ICGN and the Motley Fool: This was sent to Motley after their "report": Here's my post to The Motley Fool: Based on your report that ICGN "could have" issued tons of stock and that the executives of Rare Medium might jump ship, it appears that you failed to read the news release: biz.yahoo.com Note that the ceo of Rare Medium is now the ceo of ICGN. Also, ICGN paid $45 million for Rare of which I believe $10 mill was cash. Does this look like the talent is going to bolt: Rare Medium Goes West New York March 6, 1998 Rare Medium opens new offices - New York interactive agency Rare Medium is expanding its service to become a one-stop shop, and in the process is opening offices in three new cities and hiring about 50 new employees. The Los Angeles office opened on Feb. 25; the new and larger New York office opens March 9; the San Francisco office opens June 15; and the Detroit office opens July 31. Total number of professionals will go from 70 to more than 120 by the end of the second quarter, said Rare Medium President Glenn Meyers. The agency is expanding its services from high-quality multimedia to include a beefed-up technology and client services and consumer specialties. Basically, if you would go to the Rare Mediums web page you could listen to an audio of the ceo explaining what they might do instead of an IPO. How about a merger. It seems that this is a public shell, with a small business, that will allow Rare Medium to "go public" without IPOing. They already said they will make an announcement regarding name change and symbol change. Regards, Mark Jenkins Private Investor ------------------ Responses from "Dale" at Motley: Responded 6:30 PM Wed: Thanks for the note. OK, it's an interactive services firm that came public via a reverse merger. Dale Responded again at 11:10 PM Wed: So your company got caught up in the froth, sorry I didn't look deeper into what was going on there or that I even talked about it in detail. You're right, I didn't dig deep on this one, it just looked very much like a piece of crap internet company that was just flying with the rest of the turkeys. Believe me, that level of research is far and away the exception with me -- I do a ton of research and dig pretty darn deep. That's why I am still at work at midnight. Dale --------------------------- I think he feels guilty for blowing this one!! Hey, we don't want an "I'm sorry", we want a retraction.....what's the chance of that? >ggg< MJ