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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?


To: Hyrulean King who wrote (194)4/19/1999 2:00:00 AM
From: KJ Duke  Read Replies (3) | Respond to of 1150
 
If any company becomes the "next" CMGI, I'd place my bet on RRRR. With $75 million cash in hand and a highly credible mgt and Board of Directors, RRRR will have the inside track on venture investments with top-notch private net cos. One good acquisition could eclipse the company's current market cap with a successful follow-up IPO.

Looks like a $2 billion company to me for starters ($100 price). No doubt Street analysts will now be all over this company to do a secondary ... an easy sell to institutions given Leon Black's backing, mgt credibility and Fortune 500 customers.