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Technology Stocks : Activeworlds.com (AWLD) #1 internet chat site to go public -- Ignore unavailable to you. Want to Upgrade?


To: Cy who wrote (128)2/7/1999 4:26:00 PM
From: IPOhopper  Read Replies (1) | Respond to of 228
 
Who the hell are you?? Luc Borgia?

I just spoke with him at Activeworlds and he claims to work there. (He had bold font so he was at least a paying citizen). He claimed the messages are faked and to contact Investor Relations. Who the hell are you??

Lucrezia Borgia: If you have concerns about your investment, I urge you to contact our investor relations at cof@activeworlds.com

Lucrezia Borgia: or call the offices directly at (978) 499-0222 M-F from 9:00am to 5:00PM EST

Lucrezia Borgia: Then I recommend that if you have questions or concerns you speak directly with our investor relations people - unfortunately what you are reading in the Techstocks information is the result of childish antics and is, quite frankly, forgery :)



To: Cy who wrote (128)2/8/1999 9:59:00 AM
From: global  Read Replies (4) | Respond to of 228
 
Hi,

I am the original founder of Worlds Inc. I hired Ron Britvich. We agreed to let him develop the technology which was named Alphaworld as a skunk works project. I protected the project from internal dissention by competing projects. The company ran out of money due to litigation problems, causing the forced sale of the technology. In early 1997 the technology was sold to COF. I have had no official relationship or connection with the company/technology since then. At the same time of the sale, Worlds Inc. was merged into a new company which is now WLDI which technology I have described elsewhere. I am glad that both technologies are still alive and making progress.

My next comments are my opinion only.

A company with 14,000 paid subscribers on the internet is a surprisingly large number considering that FREE is the typical price. That of course does not make it viable as a business. I'm just saying it would be a mistake to minimize this number. As to the 300k number, or the 14k number for that matter, the really important thing to see is the number online at any one time. What should be looked for is exponential growth in the simultaneous/instantaneous numbers of users online as the true indicator of progress/success. If at some point, you find that Activeworlds software no longer displays the number of active users, this might give investors pause, as it reduces visibility into the value of the investment. On the other hand, such a move could be legitimate as a way of keeping important information from competitors.

Active worlds fundamental metaphor is real estate. The problem is how to make real estate valuable when it is virtual, and therefore infinite. At its root, real estate is valuable because it provides either traffic (eyeballs) for commerce in sufficient numbers to make it viable economically, and interesting as a social experience (which is what shopping really is) or, there's some natural resource under the ground such as gold or oil...kind of difficult in a virtual world. Hong Kong is valuable...and cramped...relatively speaking, Montana is not as valuable (no offense intended)

When I was CEO of Worlds from 1994-96, my mantra was "It's not a movie yet"...meaning, that we had not solved the fundamental problem of how to make the land valuable, and the experience "mission critical". In my opinion, this is still true. I expect that this missing essence will be supplied by a company in this space, and it will make it take off. I just don't know when it will happen or who will do it.

Just before the technology went to COF the approximate in world users average was around 325 at any one time. It now appears to be appx 100 more at any one time than that after 2 years.

I too have diligently searched on Edgar, allstocks.com, yahoo, nasdaqtrader, and done targeted searches on dogpile.com, profusion.com, and the standard search enginces and here (naturally) to try to perform due diligence on the financial statements of the company. I have not found them. I have not called the company to ask them for same yet. Perhaps they could post them on their site, or tell you how to find it under edgar.

I do not know how many programmers Activeworlds.com has. Roland Vilett took over for Ron Britvich shortly after COF acquired the technology. Both Ron Britvich and Roland Vilett are easily worth 5 programmers each in my opinion. They are both superb programmers.

I have no idea what the stock price should be. I have no idea how many shares are outstanding.

My impression is that the posts by Lucrezia Borgia on this thread are fair and dispassionate, reflecting his/her own experience in Activeworlds Mall, and what is available to be found by the public with careful searching.