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Technology Stocks : IMON - Quoted from Barron's Corporate Reports -- Ignore unavailable to you. Want to Upgrade?


To: JERRY who wrote (1407)1/26/1999 10:14:00 PM
From: Anthony@Pacific  Respond to of 2220
 
No...i dont want to be even near someone who is long on the 29th..the software sucks!



To: JERRY who wrote (1407)1/27/1999 11:15:00 AM
From: TradeOfTheDay  Respond to of 2220
 
Hope you caught this part:

"But at $11 per share, ImaginOn is probably already well over its terminal value, the estimated value of the company if it fulfills its business plan without a hitch. The company has, essentially, a single product, with no recurring element to their business model. Even the independent appraiser hired for a fairness appraisal during the merger negotiations valued the company at only $10 million, or about $0.30 a share.

But, if you really want to get in on the ground floor of an Internet business, you can with IMON. And at $11 a share, you'll pay 50 times what the professional venture capitalists were willing to pay. "
From Briefing.com