To: Urlman who wrote (37 ) 12/2/1998 6:01:00 AM From: Rande Is Read Replies (1) | Respond to of 57584
Urlman, Good to see you. I can't see where MOFN is making any big money over internet or how they EVER will for that matter. Sure they are the number 10 most "popular shopping" site on the net with Movielink.com. But as far as I can see, people are not paying for info and they are not buying goods. They are strictly an advertising venue, albeit a heavily visited one. And those are a dime a dozen. What happens when dozens of me,too websites pop up? They should take the money the have made and buy an online video retailer and do video search to info, credits, trailers, etc. of films that have been released on home video. Then they could do the ol', "by the way...click here to order your own copy," trick. Better yet, how about direct delivery downloads via broadband for a fee, of course. Now that would generate some revenues. On IAIC, I realize float is higher, but it is still quite small by comparison. KTEL's float is 10 times what it was when it initially lifted off to the heavens. Yet it is still quite bouyant. It is no secret that I cannot stand the company and would never hold KTEL unless they bought a REAL revenue maker. To me, they act like a BB scam company. . . feeding hype about deals with big companies when they are merely BUYING ads from them [MS Network, Disney...er I mean Playboy, etc.]. Then they wait for a peak, dilute and sell all the way back down. I can buy lousy companies for under a dime that will do that...I did...AVBC, MDCE, FTEL, AWLT, AAFG,etc., etc. [OOPS...off on a tangent and can't find way back. . .] Well IAIC has a big enough revenue stream by the many new deals that they have signed that they could recover. It is the riskiest on the list, for sure. But look at UIS, the granddaddy of Y2k and IT companies. Last year this time they were in single digits with a BILLION dollars of debt. But by getting real aggressive on their sales and signing every deal they could find, they are well on the road to recovery and have regained the respect of Wall Street. What a great buy-and-hold story. Rande Is