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To: Andrew H who wrote (55097)2/11/1999 7:47:00 PM
From: S.C. Barnard  Respond to of 119973
 
Great VERT review from SmartMoney:
smartmoney.com

(Paul Cook, manager of Munder NetNet Fund)
"...Cook cites another advantage to VerticalNet's business model: It has
the potential to become profitable far faster than its rivals, which target consumers. Remember AOL? It is generating earnings now, but AOL was in the red on and off from its founding in 1985 until 1997 because it was spending roughly a third of its revenue carpet-bombing the country with diskettes. It's the same kind of marketing spending that keeps companies like Amazon.com (AMZN) from being profitable. But
Cook says that companies targeting businesses will have to spend farless to get the attention of users. "Businesses are less interested in brand
names," he says. "You provide them with a value proposition
and they will come."



To: Andrew H who wrote (55097)2/11/1999 9:50:00 PM
From: TigerII  Read Replies (2) | Respond to of 119973
 
ENMD - Huge Gap Potential - check out May 98 - Up to $80.

quote.fool.com

Lets see if the market makers will react the same



To: Andrew H who wrote (55097)2/11/1999 9:56:00 PM
From: MoneyMade  Read Replies (2) | Respond to of 119973
 
What a POS! AgriBioTech CEO sells half his shares

HENDERSON, Nev., Feb 10 (Reuters) - Forage and turfgrass
seed maker AgriBioTech Inc. said its chief executive officer sold
half of his shares to the State of Wisconsin Investment Board after
he received a margin call.

In a statement released Tuesday afternoon, AgriBioTech said Johnny Thomas sold 901,707 shares,
and another unnamed member of management sold 443,740 shares to the State of Wisconsin
Investment Board, bringing the board's ownership to more than 10 percent.

''I am extremely disappointed that I was forced to forfeit half of my share ownership due to market
conditions at a time when business fundamentals of the company are at an all-time high,'' Thomas
said in the statement. ''I continue to be enthusiastically committed to the company.''

With the proceeds from the sale, Thomas will retire all of his margin debt and other shares he owns
will be removed from margin accounts, the company said.

AgriBioTech said Thomas had borrowed money on margin to exercise all of his employee options
and warrants from time to time. The shares were placed ''with a long-term supporter of the
company in a manner to minimize the impact on the market place,'' AgriBioTech said.

Shares of AgriBioTech closed up 11/32 at 6-29/32.

More Quotes and News:
Agribiotech Inc (Nasdaq:ABTX - news)
Related News Categories: IPOs, US Market News