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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Sol W. who wrote (4637)3/21/1999 7:45:00 PM
From: Stock Watcher  Read Replies (3) | Respond to of 52051
 
Sol; on VGCP; appreciate the info. & links; doesn't sound good, but I've learned not to react to anything but verifiable news from the company...welcome to the thread..regards, sw



To: Sol W. who wrote (4637)3/22/1999 5:19:00 PM
From: RCJIII  Respond to of 52051
 
Sol, here is my response to the post on the VGCP thread.

To: +C. Lawrence Perkins (383 )
From: +RCJIII Monday, Mar 22 1999 5:17PM ET
Reply # of 388

C. Lawrence, What are you smoking?

Your statement is about the least informed, most paranoid and just plain wrong statement I have read lately.

This press release that you see as so monumental is probably the least imporatant release the company has put out in years.

Product sales will be a tiny piece of the puzzle. The company is only selling these products on their website because they help facilitate the type of interactive services they want to provide their customers.

VGCP will be a service company and an insurance company, not a major computer hardware seller.

This company's main focus will be, as they have stated time and time again, to buy 4 to 6 insurance companies, integrate these companies unto their proprietary systems and network and then administer those companies with the additional services and cost savings initiatives afforded by their systems.

They will also bundle several other services to the huge customer base that will come with the acquired operations, such as banking and stock trading.

Those are their focus businesses, not selling Webnote and MaxPC, although those initiatives should provide additional revenues and profits.

You have totally missed the point in your analysis.

RCJIII