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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (4488)2/19/1999 4:34:00 AM
From: Dale Baker  Respond to of 4634
 
Good points to ponder; but RACE already has a float of almost 12 million before the new dilution hits. Reminds me a bit of TAVA except RACE has much lower revenue. It can never be squeezed too far for long because there is just too much stock floating around in the hands of people who want to cash out. Did you notice the shares outstanding? They have tripled year over year.

I may put in an order to short at 8 and see if that fills as a starter position. The long-term story is a given.



To: Bill Wexler who wrote (4488)2/20/1999 9:48:00 AM
From: BDR  Read Replies (1) | Respond to of 4634
 
<<Maybe all the gamblers are still chasing the internet rainbow and the RACE story isn't sexy enough anymore.>>

The folks at RACE need to get "internet religion". They could learn a lot about how to write a press release from the promoters at DTLN. See below.

DTN's Internet Strategy Takes Off

OMAHA, Neb., Feb. 18 /PRNewswire/ -- Data Transmission Network Corporation (DTN) (Nasdaq: DTLN - news) announced today, that while the process to ''enhance shareholder value'' continues, DTN's Internet strategy is running full steam ahead and the current returns are extremely exciting. DTN's four main operating divisions, DTN Ag Services, DTN Financial Services, DTN Weather Services and DTN Energy Services have implemented Internet strategies targeted to their respective market segments.

DTN Financial Services boasts a successful implementation of its Internet strategy with explosive growth in the subscription sales of DTN.IQ (www.dtniq.com). Advertising and transactional revenue for this tick-by-tick quotes and full-text news Internet service looms nearby.

DTN Weather Services has jump-started its Internet initiative with the purchase of Weather Services Corporation (WSC) along with an array of internally developed weather services for the Internet and Intranets.

DTN Ag Services reports that it has grown its Internet subscribers (www.agdayta.com) from 1,000 to 2,500 in 1998, a 150% increase in one year, and that 20% of new sales are now attributed to the Internet. DTN Energy Services has also entered the Internet arena with several Internet service offerings for the refined fuels and natural gas industries. A summary of DTN's Internet strategy follows below.