SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Kimberly Lee who wrote (1614)4/12/1999 11:49:00 PM
From: Glenn Petersen  Read Replies (1) | Respond to of 108040
 
The count is up to eight. I keep running into you on other threads tonight so I don't have to ask whether or not you are still holding your LPGLY. LPGLY could be a monster tomorrow.



To: Kimberly Lee who wrote (1614)4/13/1999 12:34:00 AM
From: Glenn Petersen  Respond to of 108040
 
Kimberly, I think that FCCN's run is just beginning. Two reasons, one of which is a bit of a wild card.

As of December 31, 1998, FCCN had 15,000 customers. Based on their current market cap, these customers are being valued at approximately $3,600 each. If you use the calendar year numbers, the customers of FLAS, GEEK, MSPG and PRGY are currently being valued at $3,900, $3,700, $3,200 and $3,300 each, respectively. However, on March 31, 1998, the company announced that they had executed a letter of intent to acquire an ISP with an additional 15,000 customers. The terms of the deal were not disclosed, but recent ISP acquisitions have been priced in a range of $600-1,000 per customer. Therefore, this acquisition will probably be immediately accretive to FCCN's valuation. The press release related to this acquisition can be found at:

biz.yahoo.com

Additionally, FCCN owns an e-commerce company, WOWFactor, Inc., a web-based marketplace which provides e-commerce information and services to women. Over 1.2 million women business owners are currently profiled in WOWFactor's on-line directory. The Web site, which is scheduled to launch in April 1999, will provide comprehensive e-commerce solutions, advanced business searches, on-line requests for proposals and personal search services for women-owned businesses.

Margaret McGillin, President of WOWFactor stated, ''WOWFactor is not
about horoscopes or fad diets. Our mission is to provide an active
marketplace and business services for women business owners.'' McGillin
adds, ''WOWFactor is about serving women business owners nationwide. We
seek to facilitate transactions among these women and that is the key
difference between WOWFactor and traditional ''community'' or
''content'' sites. McGillin founded WOWFactor in 1995. The press release can be found at:

biz.yahoo.com

FCCN has also signed a letter of intent to acquire Channel iShop.com, a company which is creating a network of premier shopping destinations. The press release can be found at:

biz.yahoo.com

WOW...pun intended.