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To: SirVinny who wrote (29313)5/2/1999 11:18:00 AM
From: rayy  Respond to of 37507
 
Got this from the RNWK SI site:

RealNetworks to launch download product
By Paul Festa
Staff Writer, CNET News.com
April 30, 1999, 9:45 a.m. PT

RealNetworks on Monday is expected to jump into the world of MP3 and other digital music download formats with a product called Jukebox, according to sources familiar with the plan.

A company spokesman would not discuss RealNetworks' plan except to reiterate that an announcement was planned for Monday. But CNET News.com spoke with four sources who have seen the product and been briefed by RealNetworks. The domain name "RealJukebox.com" was registered by the company earlier this month, according to the Whois database.

Jukebox is a client-side application that converts, or "rips," compact discs and translates them into a digital file format, the sources said. The product also automatically enters information such as song title and artist into a manageable database for music downloaded from the Internet or CDs.

Jukebox is being launched in response to the explosive growth of MP3 (MPEG 1, Audio Layer 3), a compression format that allows for easy downloading of music files onto a PC hard drive or portable MP3 player. Although the format itself is legal, it lacks copyright protections, and the music industry has cracked down on sites offering illegally copied music. But thousands of amateur artists and several high-profile professionals have embraced the technology to distribute their music on the Net.

This should put talk of a buyout to rest.

long and strong,
ray



To: SirVinny who wrote (29313)5/2/1999 11:55:00 AM
From: Dave Kiernan  Respond to of 37507
 
YOU FAIL!

There is a story going around that Warren Buffet has suggested MBA students be asked to write a paper providing a valuation formula for internet stocks. Any student handing in a paper automatically fails!

If e-commerce on the Internet is, as many have recently suggested, a business revolution, growing at a rate faster than ever before seen in history, there is no way to create a viable valuation formula for the industry.

*An investment in an internet stock is undeniably speculative and is an investment in the future, not in recent or past results.*



To: SirVinny who wrote (29313)5/2/1999 1:46:00 PM
From: sainte-beuve  Read Replies (1) | Respond to of 37507
 
Interesting post on from another thread:

A primer on stock manipulation by shorts and the REAL "Stock Detective"...

By D. Gore, re-posted from another thread:

WOULD LIKE TO SEE ALL SERIOUS "long" investors read and respond:
I am posting this on a couple other threads, but not sure how much we want to publicize this...would like your suggestions first. Many of you here are very savvy. This is an issue that is killing the small investor

***********
IMPORTANT READ FOR ALL LONG" INVESTORS ON SI: I wanted to ask you all something fundamentally important to ALL of us. It is pretty obvious that Market Makers are trashing good stocks and bad lately. It is brutal...I am sure you have noticed.

Microcap 50 index is down 6 weeks in a row... some 14%

LOOK HERE... a must read on MM Shorting tactics. It uses ALYA as an example but note how the MM's pump up to get maximum ASK PRICES when good news comes out, and drop the BID PRICE when things die down to panic investors into selling and picking up cheap shares to cover. They can make 20% or more each day by doing this on large amounts of shares. (please click on the link below and see the excellent post)

NOTE: this is not only on really quality stocks like ALYA but hundreds of others every day; in fact it is much worse on most other stocks because long term investors are in ALYA who buy dips

exchange2000.com

ANOTHER MM TACTIC:
Also, on most stocks, they are slowly walking down the Bid on small sells and in some cases "walking down the bid" on buying! They apparently feel that they can go short and get the share price down eventually to cover. This happened on MTEI recently with 3 to 1 buys over sells. On SGNC they held the B/A firm even with massive blocks of buying and good news, and then moved the Bid/Ask down 20% when things slowed down. It has stayed there and not recovered.

******** READ ON... THE BIG NEWS...massive scandal?
I have been playing detective, forming alliances with others I trust with connections, and have even been interviewed by a reporter for the Wall St. Journal (along with others in DGIV) doing a story on BB stocks, MM manipulation, and PR firms that are even shorting companies they are representing!

A MAJOR SCANDAL BREWING?
Others whom I trust have stated that MM's are being paid by US Brokerage houses and big boys to work through Canadian Brokerage houses to short stocks, as shorting BB stocks is apparently allowed from Canada of US BB stocks. (NOTE: in the US, shorting is not allowed in non-marginable stocks under $5.00)

YET ANOTHER MM TACTIC..."the STOCK DETECTIVE"
MM's are lurking on most SI and YAHOO threads and looking for a ripe moment to hire shady firms like the "STOCK DETECTIVE" to discredit even some pretty decent stocks like DGIV, NUKE, and DCHT. See "STOCK DETECTIVE exposed below:

SEE HERE...a MUST READ, especially the last 3/4 of the article referring to the shady workings of the Stock Detective, who itself is connected to AXXESSS, a pink sheet stock of very dubious history.

exchange2000.com

PLAN OF ACTION:
Just curious if you think there is any hope here? And an effective course of action.

I suggest we all call our local SEC officials and implore them to look into this problem more seriously. I know they are overworked, and I know new regulations are coming in a few months (i.e all listed companies must be fully reporting) but we are being taken to the cleaners....NOW!

I have already started calling SEC officials and my contact at the Wall St Journal...we must all do that, IMO.

Of course finding great stocks, laying low, and holding long term is the best strategy, but seemingly hard to organize people to do that.

Any other ideas welcome!

Dave
PS-- a post suggesting how to deal with thread bashers:
www3.techstocks.com



To: SirVinny who wrote (29313)5/2/1999 6:39:00 PM
From: GoNorth  Read Replies (1) | Respond to of 37507
 
Vince, I posted this a couple of hundred posts ago.

>>What I read, and don't recall which article, was that they expected the company to be cash-flow positive in "99