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To: llamaphlegm who wrote (10760)7/17/1998 11:50:00 PM
From: Rob S.  Read Replies (1) | Respond to of 164684
 
Hey, I've got an idea, lets get a handful of investors to throw in about 10 grand each to buy up a near defunct shell corporation that makes left handed riding crops or whatever. Decide on a major theme for the e-commerce and service and tweak those to hold together and be appealing. Hire a few recent college grads and drop outs with promises of blinding riches "just like the Microsofties". Put a few bucks into graphics and web site development, etc. Work hard for a couple of months on creating the right "net image" and signing on with all the hot web technology providers that are eager for business. Find a venture vulture firm to lend start-up funding (the first three weeks of operations should about cover it), and then go out for an IPO.

We can do some real business that will grow by leaps and bounds - profitability won't be important - who knows it may actually be better to show heavy losses as it obviously stimulates the imaginations of speculators. Of course we pick up a few millions by tendering some shares in the IPO but the real killing would be made after the stock soars and the insiders shares become open for selling.

I'm serious. Any takers?