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Technology Stocks : MODA Modacad (Nasdaq: IBUY) -- Ignore unavailable to you. Want to Upgrade?


To: Know Genius who wrote (276)8/16/1998 10:38:00 PM
From: Know Genius  Read Replies (1) | Respond to of 409
 
MODA will be up 30% in the next 72 hours. Why? Read On.

On Tuesday 8/18/98, Modacad will launch their new web site for ecomerce. I know I know...Big Deal! What is a big deal is the fact that it is revolutionary. There hasn't ever been a site like this before. I was mildly interested in this launch until I demo'd the product last week. When I say it blew me away I mean it. Gone are the slow downloading speeds and boring pages. MODA's site is like a video game. It is a virtual mall that lives up to its ideal. You tour the mall like you would navigate in "Doom" or some other game. You never see your computer downloading info like you do with your browser. MODA has a digital rendering technology which when combined with their push technology makes for a great internet experience.

fashiontrip.com is targeting 17-25 year old girls. Forester says this is the hottest demographic (ie. the most money to spend). There is a media release party scheduled in NY for 8/19. There are over 300 media people confirmed attending. The WSJ and The NY Times are both following the development of MODA. In Fact, The WSJ has already publish on great article on MODA.

The Financial story is summed up like this. There are 6 million shares out. 3.5mill in the float. 500k is short. 52 week range is 11-25 5/8. Currently the stock is trading at 19 3/8 (118mil market cap). For More info please follow this link stocksheet.com . The company is a basic internet advertising model which also derives royalties from sales. The principle advantage that MODA offers over its competitors besides its technology is detailed data mining. It provides its vendors with info like sizes, ages, color preferences, matching preferences, etc from its users.

Another post you might read: messages.yahoo.com.

Let me know what you think. Good or Bad. Im long it.