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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Pink who wrote (7933)4/21/1999 4:32:00 PM
From: Dark_Continent  Read Replies (2) | Respond to of 18998
 
Mr. Pink, Congratulations on Bid.com. Shorting it the day it hit the Nasdaq took balls, and you deserve your reward. Was curious about Your take on the rest of the internet stocks. Doom and Gloom? Or more upward movement? Thanks in advance, been a fan for a long time.



To: Mr. Pink who wrote (7933)4/21/1999 5:05:00 PM
From: jjs64  Read Replies (1) | Respond to of 18998
 
WEBB update (4/21/99)...

1) CFO resigns .
2) Revenues plummet from 727k in 1Q98 to 288k in 1Q99.
3) (My favorite) Restating numbers for 1998...you guessed it, downwards. From a loss of $15.0 million to $15.7 million.

Best regards!