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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: ItsNobody who wrote (22307)3/18/1999 8:41:00 PM
From: RockyBalboa  Read Replies (1) | Respond to of 122087
 
I don't go there again, either. Thousands of posts about a company which wasn't able to bring out an IPO timely (while we've seen internet-related IPOs by the dozen)...a very religious thread. Whatever you say there you will be hit by anyone of the regulars. In the meantime we have mid-march and despite an initial S-1 filing nothing has been achieved. The Nwtraido talk is around December, as far I remember.

In the meantime... the 144s list grew to the sky as well as the shares out. ...

Personally I doubt that it materializes in the next months...

This one is interesting for A@P: Message 8399233



To: ItsNobody who wrote (22307)3/18/1999 8:57:00 PM
From: Anthony@Pacific  Respond to of 122087
 
That is normal..the tallest trees get the wind...and nothing worthwhile is ever easy,, People never shoot a t the bottom of a mountain they go for the top,, etc..etc..etc..

Millions of cliche's to describe my popularity or lack of it.



To: ItsNobody who wrote (22307)3/18/1999 9:15:00 PM
From: patchman  Read Replies (1) | Respond to of 122087
 
Anthony & non-NCAA watching followers: This article in DJ News is about the MiningCo.com IPO and a company called OTEX, who own 10% of them. A little DD follows these news items.

MiningCo.Com Inc. is expected to price its shares on Tuesday and begin trading on Wednesday, a source near the deal said. According to filings, the price talk is $12 to $14 a share, but the price could be raised, the source said.

Bear Stearns & Co., Volpe Brown Whelan & Co. and Wit Capital are putting the initial public offering together. MiningCo.Com will offer 3 million shares, giving the company 11.55 million shares outstanding, including a private placement at the time of the IPO, according to filings.

Many Open Text Corp. (OTEX) investors have known about Open Text's stake in MiningCo.Com, but the stock appears to have risen on the rumors that the offering will indeed take place next week. Internet IPOs have done extremely well recently, so the offering should give Open Text a large paper profit. MiningCo.Com runs an Internet site network is based in New York.

-By Scott Adams;416-943-7800; scott.adams@dowjones.ca
(END) DOW JONES NEWS 03-18-99

This is a quick blurb about OTEX from MarketGuide:

OTEX markets, develops, licenses and supports
mgmt. application software for use in intranets,
extranets and the Internet. The software enables
users to find electronically stored information, do
group calendaring and scheduling and distribute the
resulting work product. For the 3 mos. ended 9/98,
revenues rose from $7.7M to $17.3M. Income
totalled $2.3M vs. a loss of $1.5M. Results reflect
reseller programs expansion and an increase in
maintenance service revenues.

Both companies lose money but are up and coming players in the internet world. OTEX has about 42 Mill in assets and goes for 23 1/2 a share. They can add 10% of the IPO proceeds to that balance sheet. Let's say the IPO (3 million shares) raises 100 Mill, certainly a possiblity, OTEX makes 10%. Bottom line: I'm betting the hype surrounding this anticipated IPO jacks the price of OTEX up past the 52wk high of 31 3/4. Any thoughts or opinions would be appreciated.



To: ItsNobody who wrote (22307)3/18/1999 11:29:00 PM
From: lifeisgood  Read Replies (1) | Respond to of 122087
 
Getting bashed by the busybodies on NAVR thing is nothing to be ashamed of. I ignore (see browsemaster.com) so many blabbermouths on that thread, it only takes me a few seconds to review it at the end of the day.