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

To: Anaxagoras who wrote (249)	4/22/1999 5:50:00 PM
From: Tech Monster	Respond to of 1150

Where is Zapata now ? No comparison in relation to RRRR. Look at the fundamentals of this company. They have an excellent business model. They achieved what they said they were going to do and then some in one years time. If they would have went the traditional IPO route, I would be very hesitant. But they made sure they had all the pieces in place before selling themselves to Wall St. Very Smart. Their Board of directors and corporate talent is like a who's who in the internet.This is a keeper !

To: Anaxagoras who wrote (249)	4/22/1999 6:25:00 PM
From: ztect	Read Replies (2) \| Respond to of 1150

Wrong..... Air conditioning company ICC was just a shell that RRRR used to get listed on the NASDAQ via a reverse merger rather than doing an IPO. z

To: Anaxagoras who wrote (249)	4/22/1999 7:05:00 PM
From: Raven McCloud	Read Replies (2) \| Respond to of 1150

Anaxagoras, I find you all over the SI board. Did the volume or the CNBC piece draw you to RRRR. I bought in as the CEO was speaking knowing it would jump, but not as much as it did at the close. I think it was a combo of shorts covering and longs preparing for another spike tomorrow. Will be an interesting volatile day tomorrow. I'm hoping to pick a good entry for a short position after I sell my long position for a 10 pt. gain. Good luck to ya! Raven

To: Anaxagoras who wrote (249)	4/22/1999 9:06:00 PM
From: Louis Riley	Read Replies (2) \| Respond to of 1150

<< "...This is among the largest single private equity investments ever made in an Internet company by one investor. Following the closing, Apollo will be Rare Medium's largest single shareholder with an ownership stake of approximately 25% on a fully diluted basis. As part of the transaction, Apollo is expected to have the ability to increase its position to approximately 40% through the exercise of warrants that have the potential to bring an additional $75 million of capital into the company...." >> Just so you shorts know who you are up against: I found this bio from a left wing rag most humorous, BTW.: << Mother Jones 400 April 1996 305. Leon D. Black Age: 44 State and Town New York, N.Y. Total Donated $60,000. Party D Black, who works for Apollo Advisors, used to head Drexel Burnham Lambert's mergers and acquisitions department. He once declared his purpose in life was to create the robber barons of the future. Black was one of Michael Milken's cronies who got off almost scot-free. Legislation sponsored by Rep. Jack Fields (R-Texas) abolishes the Williams Act, the anti-fraud law used to prosecute Ivan Boesky and Milken. It and other GOP proposals could revive the leveraged-buyout hysteria of the 1980s. >> thestandard.net global.forbes.com