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Technology Stocks : Sportsline (SPLN) -- Ignore unavailable to you. Want to Upgrade?


To: James Fulop who wrote (602)3/18/1999 7:13:00 AM
From: Sleeper  Respond to of 858
 
That's correct; the price of rapid expansion is delayed profitability. As I stated in an earlier post, it's pay me now, or pay me later. Still think the 2-3 year outlook on this company is dominance of the online sports market.

Sleeper



To: James Fulop who wrote (602)3/18/1999 3:49:00 PM
From: B. A. Marlow  Read Replies (1) | Respond to of 858
 
Interesting coverage, James.

My take is that the WSJ misses the main event. The Nets don't *need* capital, they *want* capital. They intend to deploy new capital in the pursuit of global expansion, acquisitions and double-digit or triple-digit market share and top-line growth. Therefore, conventional wisdom with respect to convertible dilution, etc., is ignorant and misleading. If you "outrun" the dilution, shareholders win big time. And if the Nets can't do it, nobody can. Might as well buy savings bonds.

BAM