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To: Smartypts who wrote (96)3/23/1999 6:10:00 PM
From: realmoney  Read Replies (1) | Respond to of 1494
 
Alright, let's discuss facts. When you say IBM is "doing the software", what do you mean? What is the extent of their involvement? Are programmers at IBM designing and doing the HTML programming for the site? If so, were they just hired? The RB thread said we were looking at launch in a week or two. I'd imagine the "biggest auction site in the world" would take a little longer to develop. Who told you IBM is involved?

It's really pretty funny. A few years ago, people were questioning the value of internet companies who had a web site and a business plan but no real revenues. Now we've degenerated to the point that a company can simply have the word internet in its business plan and attract investors even without a web site! This company is such an obvious pump and dump fraud, IMO of course, that it scares me. It seems to easy. Please give me some info to make me think it's for real so I can short it with confidence. BTW, does anyone know how many employees they have? I'm putting the over/under line at 10.
Same goes for the stock price.