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


To: Ed Don who wrote (472)4/24/1999 8:55:00 PM
From: AD  Read Replies (3) | Respond to of 1150
 
Howdy Ed, I recently saw The Gin Game at the Kennedy Center, front row center. I am packing orders for my business between researching and posting so yeah, I missed the beautiful day. I still think this stock is overvalued. And may I say why?

Unless there are some dang fine press releases, the current run may be history for momentum / daytraders. And gosh knows, that had a lot to do with the recent runup.

Since so many people dare to compare Rare Medium to CMGI, I thought I'd make note of one place RRRR exceeds CMGI by a mile.

The size of its float. It's a dubious honor, but those hoping for a fast run to the moon might want to be a little more patient. The competition with sellers both inside and traders, might be stiff.

I didn't realize the proportions before, so I will spell it out.

Food for thought....
WCAP float is 2.5 million

CMGI float ~2.5 million
(that was in the early days, supposedly equivalent to where RRRR is now) currently 29 mil. There have been four splits , raising the float.

The winner is: RRRR with 23 million, and it's only a baby.

That's 9 times the float of either of the above, in their early days.

So why did the stock run recently? I'll let the longs answer that.
One thing for sure, they can give some thanks to Tokyo Joe, the perennial love 'em and leave 'em investor.

The big internets could fly Monday.

NSOL got a huge article in Barrons and earnings excitement is running MALL DCLK MSPG EBAY , not to mention a few upgrades ... ISSX AMZN etc.

This one will be interesting to watch. Peace.



To: Ed Don who wrote (472)4/24/1999 10:22:00 PM
From: Anaxagoras  Read Replies (1) | Respond to of 1150
 
***OT***

<<To all the short sellers on this and other boards. You guys sure like to talk.>>

Am I supposed to respond to this tripe? Do me and everyone else a favor and next time you post a gratuitous ad hominem start the post with the heading ***OT*** (for off topic) so I'll know to skip it. Better yet, make it relevant and post something about the stock or the company so that you can drop the heading.

<<I just returned from a matinee at the theatre (Lord of the dance.) with my wife and some friends. Don't you have anything better to do on a Saturday afternoon then to try to prove how much smarter you are then anybody else. >>

Wow, that's great. I got up, ate breakfast with my wife and kids, went shopping with the family, came home and ate lunch, and while the kids napped I spent a couple hours doing some more research on this company. Then I took my tyke to see her grandfather for a couple hours, returned, put her to bed while my wife dealt with the toddler, I read a thrilling volume of Curious George Learns the Alphabet, signed back on to find this crap, and after posting will go watch a video tape of Romeo and Juliet with my wife (the one with that Leo heart-throb). Do I think anyone gives a hoot?

Anaxagoras