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Technology Stocks : RRRR - ICC Technologies/Rare Medium -- Ignore unavailable to you. Want to Upgrade?


To: Manzanillo who wrote (913)10/15/1998 2:14:00 PM
From: Tom Caruthers  Read Replies (1) | Respond to of 954
 
This can only bode well for RRRR now that FAS has been sold off.
I was disappointed with the sale price....but all in all, taking 7 million off debt (and the associated interest)...$1.1 million in cash...not too bad I suppose.

It's good to see that we still have a 40% passive interest in FAS
but none of the financial liabilities. This is a good thing for RRRR.

So Greg, Allan, others...so ends this story. Now let's see what Meyers is really made of. No excuses now.

Tom

P.S.

Re: US WEB...

From Briefing.com

n the Internet group, US Web (USWB +29.3%) blew away market estimates in posting gain of $0.03
(forecast was for breakeven) on year/year revenue jump of 492%... Sequentially revenues rose by 34%... Stock
surged more than 2 points amid active trading...Upcoming merger with CKS Group will only solidify company's
leading position in the Web services industry... Briefing maintains that stock one of the better long-term "values"
in the net industry...

Outlook for RRRR looks good.