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


To: Rajiv who wrote (1443)1/27/1999 9:11:00 AM
From: Mr. Rhino  Respond to of 2220
 
Very interesting

Thank You

Mr. Rhino



To: Rajiv who wrote (1443)1/27/1999 9:20:00 AM
From: Fred Puppet  Read Replies (1) | Respond to of 2220
 
Rajiv, thanks for the MUST READ article from briefing.com. For those who didn't read all the way down to the end, here's my favorite quote:

"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. "



To: Rajiv who wrote (1443)1/27/1999 10:04:00 AM
From: Emerald City  Respond to of 2220
 
Rajiv, thanks for your posting from briefing.com. That sealed the deal for me. I took my medicine this morning, and sold my long position. This was the most noticeable time that I let myself be seduced by momentum to the point that I tried to play a catch-up game. That news analysis definitely put me in my place. Now I have a little less with which to play....