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Technology Stocks : Internet America, Inc. (GEEK) -- Ignore unavailable to you. Want to Upgrade?


To: neverenough who wrote (54)12/27/1998 3:03:00 AM
From: Spreck  Respond to of 220
 
to all
i made the conservative play on this Internut company. I put in a market order at 51 when geek was flying on Thursday morning and got filled at 59 3/8......since i got burned once before on an internet stock (netscape....bought at 44.50 and it closed at 36 the next day...i held and am still holding and it worked out ) i only bought 25 shares of geek....i feel like i got burned again only this time the conservative play is not gonna make me rich nor can i get killed if it falls apart.....if the momentum starts to push it up i can buy another 25 and so on....trading on scott trade at $7.00 per trade... it is ok with me to be in this isp speculation...so i wish everyone good luck on the geek.

spreck



To: neverenough who wrote (54)12/27/1998 4:34:00 AM
From: neverenough  Read Replies (1) | Respond to of 220
 
Taken from Internet America's latest SEC filing,

edgar-online.com

Elements of the Company's growth strategy include:

Aggressive Use of Advertising to Rapidly Acquire a Critical Mass of
Customers and Build the Internet America Brand. The Company intensively
uses two of the more effective and efficient advertising
media -- television and outdoor billboard displays -- to acquire customers
quickly and build brand awareness.

Strategic and Add-On Acquisitions. The Company intends to pursue
strategic acquisitions that will jump-start its entry into new markets, as
well as add-on acquisitions in its existing markets that it believes will
be accretive to earnings.
The Company completed a strategic acquisition in
fiscal 1997 and an add-on acquisition in fiscal 1998, but is not currently
negotiating any acquisitions. The completed acquisitions were purchases of
customer bases and did not constitute business combinations requiring
financial statements of the acquirees to be included herein.

Cost-Effective Development of Network Infrastructure. In deploying
physical infrastructure, the Company will continue to apply its disciplined
approach, which is premised upon the achievement of substantial economies
of scope and scale. The Virtual POP architecture enables the Company to
serve existing markets more efficiently and enter certain new markets more
quickly.

Development of Value-Added Revenue Streams. In addition to growing
value-added revenue streams from its existing services, such as dedicated
high-speed access, news access and Web hosting, the Company continues to
evaluate and develop other value-added service opportunities, such as xDSL
connectivity. The Company believes that a user dense, regionally focused
customer base provides an excellent platform for the introduction of new
value-added services (potentially including Internet telephony) that can
take advantage of brand awareness and economies of scope and scale.