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Technology Stocks : Infonautic's In2000: Low Cost Year 2000 Coversion -- Ignore unavailable to you. Want to Upgrade?

To: Louis Riley who wrote (103)	11/17/1998 2:21:00 AM
From: Pirate	Respond to of 206

Interesting group that INFO is being included in by Reuters... Following is an excerpt from Reuter's Monday mid am report: <quote> Search engines led other active Internet stocks, with Yahoo! Inc. (Nasdaq:YHOO - news) up 3-3/4 to 171-3/4, Excite Inc. (Nasdaq:XCIT - news) up 2 to 51-7/16, and Infoseek Corp. (Nasdaq:SEEK - news) up 1-3/4 to 33-1/2. Infonautics Inc. (Nasdaq:INFO - news) rose 1-9/16 to 7-3/16, go2net Inc. (Nasdaq:GNET - news) jumped 7-3/4 to 47, and EarthWeb Inc. (Nasdaq:EWBX - news) climbed to 69-3/16, up 2. " </quote> And their financials pretty much match all these other stocks - so why not? Hope the stock price falls in line...

To: Louis Riley who wrote (103)	11/17/1998 8:27:00 AM
From: BostonView	Respond to of 206

Louis, I think your numbers are valid, if not too conservative. You can make a compelling case of growth far in excess of 15% sequential growth given the reality of the internet, in particular for the two main draws of the CompanySleuth; on-line investors and commercial enterprises. Your numbers don't include a likely explosion in ad revenues. If I'm an internet advertiser, the demographics of a site like CompanySleuth are a dream come true; high income, curious, early adopters. Is there a standard measure yet for internet advertising rates? If so, we should work these into your F99 projections. What do you think? BV

To: Louis Riley who wrote (103)	11/17/1998 10:02:00 AM
From: Fred Puppet	Read Replies (1) \| Respond to of 206

Wow Louis, have you no shame? "Think a 5X forward P/S is too conservative? A 10X would yield ..." Please oh please tell us what a P/S of 100 would yield. You forgot to mention that the company loses between 4 and 5 million dollars per quarter. This is no accounting quirk, but it's a real cash loss. Book value is already negative, and NASDAQ delisting looms. They still have a little cash, but in another quarter that will be gone too. Money losers like INFO generally have a P/S less than 1, but with the danger of NASDAQ delisting, we should drop it down to 0.3, or maybe 0.1 if you think 0.3 is too optimistic. I calculate a share price of about 17 cents using only the shares outstanding. How should we account for the floorless convertible?