To: WallStreetTips who wrote (569 ) 4/15/1999 10:33:00 PM From: Matt Brown Read Replies (1) | Respond to of 1125
I think we all need to focus on DD and not the Price of the stock!! Lets pull up some great info, post insightful comments. This will make the Investors in this stock look very sharp. When word does start spreading, like it does in every stock, lets be prepared to answer and not be "Uhhhh I don't know!" Here is my latest post to Club Fatt! Interesting on MXNT I was carefully reading the PR today and saw this, which has intrigued me very much... By replicating the feel of Windows 98 Explorer in its simplicity and blending the site with Video and Audio Streaming Media (RealVideo-RealAudio) the Internet User will be able to post bids or items through a Secure Socket Layer while not getting lost in a complicated system. MXNT's plans include a mail in bid as well as a posting capability, Auctioneer channels where an individual User can prospect for a vertical market within the User and Visitor database and send rich media ads directly to them. MAX!Auction is being constructed as a business community interwoven with retail channels and vertical advertising models. MXNT looked closely at Egghead, Inc. (Nasdaq:EGGS - news), OnSale, INC. (Nasdaq:ONSL - news), and eBAY, Inc.(Nasdaq:EBAY - news) and admitted that they developed amazing systems yet still lacked a simplistic interface and Streaming Media. The Company believes that their business model will offer something to the entire Internet community. MXNT seeks to provide a platform where Internet Users develop a chunk of Virtual real estate, integrate Audio, Video and off line communities into MXNT's Auction community to function as a Free World Market Place all the while building User confidence by allowing User autonomy. MXNT examined the sales philosophy and data from the Television/Cable industries and concluded that one of the primary desires of Y2K Internet Users, auctioneers, inventory distributors and product dealers is autonomy. MXNT's servers are using Thunderstone's Texis Server NT RDBMS software as the backbone for MAX!Auction. Thunderstone's Texis Server package has the ability to manage a very complex database, and also utilize MXNT's rich media content. Thunderstone is an independent R&D company that has been providing state-of-the-art solutions to intelligent information retrieval and management problems for over 16 years. Thunderstone's flagship product, Texis, is the most comprehensive text retrieval and publishing software available. In one package Texis provides every full-text, SQL, multimedia management, and dynamic publishing operation needed for an enterprise search application. With integration commencing across Multiple Portals, numerous affiliate sales sites and transactional points, MXNT wants to provide expert engineers and the best backbone for its Portal communities. Same system used by EBAY MXNT's tools will seek to search across merchandise and offer the Users a multi-offering depending upon the Users desires. This tiered system will provide a User preference database which will focus a greater percentage of leads to clients, thereby increasing an items brand awareness and sales. As the MAX!Auction system learns the Users preferences and the merchandise available for the channel, MXNT's Entertainment Division will simultaneously be offering E-mercials of the Users preferences onto the visitors channel while offering Members of MAX!Auction the ability to develop and create E-mercials, text, and animated ads to all segments of the Internet community. Therefore, by enriching the relationship between Client Users and Seller Users MXNT believes that it may capture a slice of the $3 Billion dollars of advertising revenues created by web advertisers by year 2000. (Forrester Research and Jupiter Communications). ''Our goal to create Global Interactive Living Portals, Auctions, blended with Audio/Video for Broadband, an Internet Radio Station as well as an Information Business to Business/User to User WebPhoneBook is all coming together under this complex integration,'' stated I. Goldreich, VP and COO for MXNT. This was cut from the PR today. Another PR today talked of upgrading and adding new equipment to handle "hit volume." They have upgraded to SGI units to support the Live Audio/Video. I think that this Audio/Video stuff is going to be huge. This is a new twist to Online Auctioning. The short-term price is volatile, while the long-term looks explosively upwards. Just look @ the overview! Amazing! Expansions, New Products, Internet, Low Float= Serious Rewards for Long-term Holders Just my thoughts and views! FM