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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (681)	5/11/1999 6:20:00 PM
From: Topannuity	Respond to of 954

BNBN Indications of Interest taken at WIT tonight... We're getting close to lift off Hersh

To: American Spirit who wrote (681)	5/11/1999 6:42:00 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 954

Damn, you are one persistent SOB. LOL. Several comments: ---AMZN had 8.4 MM registered customers at the end of the first quarter and BNBN had 1.7 MM. That works out to 20.24%, not the 25% claimed by Mathmagix. Must be a rounding error. LOL. Additionally, I think that you need to take into consideration that BNBN's first quarter sales were only 11% of the AMZN total. If I were attending one of the road show presentations, I would like to know why the sales numbers do not track with the number of registered customers. ---Mathmagix's projected market cap of $2.4 billion does not take into consideration the inevitable post IPO 40% discount. I think that I will stick with my original analysis and maybe bump it up $2 to about $39, given the rise in BGP and AMZN yesterday. The TSCM IPO was encouraging, nothing like a bit of froth. James Cramer is probably going to look at himself in the mirror tomorrow morning and have a hard time keeping a straight face. I did schedule a meeting at my local Barnes & Noble yesterday, bought two cups of coffee and a book.