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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: kennny who wrote (33240)	4/27/1999 9:47:00 PM
From: Lucky888	Respond to of 122087

LOAX --- I am also short, it is not moving, staying between 29-33. I normally close a position if it does not move in a few days. L.

To: kennny who wrote (33240)	4/28/1999 12:39:00 AM
From: Sammy Adams	Read Replies (1) \| Respond to of 122087

<LOAX the AOL wanna-be Hoax> still short here (second round). Kenny, Lucky , et. al. here is the link for the prospectus of "Log On America": edgar-online.com This is a Providence, Rhode Island based ISP with: 9 employees (plus 4 part timers); 4,000 customers; and a market cap of $223,000,000 Whats wrong with this picture? Please feel free to cut and paste the many interesting tidbits found in the "Risk Factors" section of the prospectus: Here is the index: Risk Factors...................................................................6 We have incurred net losses since our inception and anticipate continuing losses.........................................................6 We have a short operating history upon which to judge our prospects..........6 We require substantial funds and may need to raise additional capital in the future............................................................6 We are dependent upon continued growth in the use of the Internet...........6 We depend on the continued development and reliability of the Internet infrastructure............................................................6 We depend on our computer infrastructure and will be adversely affected by any failure or damage to our systems...................................7 Our services are susceptible to disruptive problems..........................7 We may be held liable for online content provided by third parties...........7 Internet security concerns could hinder e-commerce and the damand for our products and services.....................................................7 We need to manage our growth effectively.....................................7 If we do not continually upgrade technology, we may not be able to compete in our industry...................................................8 If we do not effectively develop our early stage products and technology, our business may be negatively effected...................................8 If we do not develop a sufficient sales and marketing force, we may not be able to generate significant revenues or become profitable.............8 Government regulation and legal uncertainties could add additional costs to doing business on the Internet...................................8 Our management has broad discretion over the use of proceeds raised in this offering..........................................................8 Our representative's lack of experience may impair our ability to develop a public market for our securities and/or maintain our Nasdaq listing........................................................9 We face significant competition from Internet and telephone service providers and others..............................................9 The representative and the underwriters will continue to have influence over us following the completion of this offering...............9 Our operations depend on our ability to maintain favorable relationships with third party suppliers..................................9 The loss of our chief executive officer, David Paolo, may hurt our chances for success......................................................10 Our management has substantial control over us and investors in this offering may have no effective voice in our management..............10 The price investors pay for their shares is higher than the per share value of our net assets and is also higher than the price paid by our founders and prior investors.......................10 Unless a public market develops for our securities, you may not be able to sell your shares..........................................10 Shares eligible for public sale after this offering could adversely affect our stock price.........................................10 Failure of computer systems and software products to be Year 2000 compliant could negatively impair our business...........................11