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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?


To: ztect who wrote (29)1/11/1999 11:47:00 AM
From: ztect  Read Replies (1) | Respond to of 1150
 
For what's it worth RRRR makes "Internet Stock Review's Watch List"

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Internet Stock Review Online, Sunday 1/10/99

Los Angeles 48...80F Partly Cloudy.
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Our web site is at internetstockreview.com

We will be published (mostly) on Monday, Wednesday and Friday.
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Welcome.

Let's start out by throwing our cards out onto the table. We sold all our Internet related stocks on Thursday, December 31st. Mistake. No...huge mistake. We'll blame it on CNBC which was blaring out ever 20 minutes that day that, "analysts say that...experts are predicting that...savvy investors believe that...we have seen the peak in Internet stocks." Then there was constant barrage of comparisons to the bowling stocks in the sixties, the personal computer stocks in the 70's and the biotech stocks in the 80's.

To tell the truth though, we usually end every year flat. So we really can't blame it on CNBC. We like to get out of everything and spend a week or two reviewing our past successes and failures. It's also a good way to break-off any temporary love affairs (never fall in love with any stocks--particularly Internet related ones) which we may have developed during the year. In any event, aside from a 16,000 share position in Kushner-Locke (KLOC), which we recently acquired through the exercise of options, we are out of this market*.

Let's also take a moment to stress the fact that the companies we place on the various Watch Lists we publish are really and truly just that, Watch List companies. A lot of readers assume we are just trying to cover ourselves from a legal standpoint by calling the list a Watch List rather than a Buy List. And that of course, is not a bad idea.

This is however, truly a Watch List. So let's define a couple glaring
differences between Watch Lists and Buy Lists. First, Buy Lists have price targets and (hopefully) sell targets on the downside. We do not issue price targets and we do not issue stop loss targets, period. This list is a list of companies, which for a variety of reasons, we believe are interesting (and often unknown) and who we believe will report news which interesting. How the news, when and if reported, is received on the Wall Street--is anybody's guess. In essence this list is created to simply to say, "hey, take a look at this company." That is long way from saying, "hey, take a look at this stock."
Whether are not any of the stocks of these companies prove to be as
interesting as the companies themselves, is an entirely different story.

And as a final card to throw out, never forget that we are a wholly owned subsidiary of a public relations firm whose job is to get (or create) coverage for publicly traded companies. Impartial, we are not.

A final final note to the 4,000 plus new subscribers we picked up this week, understand that our usability does not come from in-depth analysis of news which is reported, but rather our ability catch and aggregate news which is reported. Think of us for what we are, which is a way to catch news which may have fallen in the cracks or which may have otherwise escaped your attention. We'll point you to the news as it's reported, what you decide to do with it isentirely up to you.

So...let's move on to our 1999 Watch List. It will include our Summer Watch List and Internet Watch List companies which are denoted by a double asterisk. Client companies are denoted by a single asterisk.

1999 WATCH LIST.

ICC Technologies --$4.50 (Nasdaq: RRRR)

Is this a "young" USWeb (Nasdaq: USWB)in the making? From the looks of their
works (web-sites) and the acquisition spree they're on, we think it just may
be. We discovered this company via a press release that announced they had
redesigned the Individual Investor web-site. Not for the faint-of-hearted with
a $100 million market cap.
212-634-6950

News:
biz.yahoo.com
Chart:
stockmaster.com
Web-Site:
raremedium.com
Profile:
biz.yahoo.com
Insider:
biz.yahoo.com