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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Roger A. Babb who wrote (14368)10/4/1998 9:25:00 PM
From: Shtirlitz  Read Replies (3) | Respond to of 18691
 
Roger,

I know you like to short internets. Take a look at IMAL.
This is one of those who will never make it.
They have recently joined Nasdaq from OTC BB. To make thier stock share price appropriate for Nasdaq they have made an 8 for 1 reverse split (I just love companies who do that).
Unlike most of the internets their revenues are actually decreasing.
Competition is huge.
They have a crapy website. Try to make a search on some product and
it will give you for ex. 500 results. 10 on a page. You have to click next all the time. Prices are not that great either.
Oh, one more. They post links to other retailers websites to generate revenue from advertising. My take is that they are giving away thier possible revenue this way.
Just look at their chart and you will understand where it is heading.

Regards and good luck.