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Technology Stocks : 24/7 Media, Inc. (TFSM) -- Ignore unavailable to you. Want to Upgrade?

To: Bald Man from Mars who wrote (204)	5/22/1999 1:25:00 PM
From: Richard Tai	Read Replies (3) \| Respond to of 669

outside of poor market conditions, I do know of one fundamental reason for tfsm coming under pressure. in his report, blodget stated that the greatest risk to his projections was the timely and successful development of ad serving technology which he expected in q3. he estimated that this would increase gross margins by 8-9 points to 30% by q1 2000. currently, much of the ad serving is outsourced to adforce. i just read the annual report the other day and it mentioned the same thing that they would be developing their own ad serving technology. a zdnet story on may 18 also hints that this is so dailynews.yahoo.com. but in interviews this week, including friday's squawk box, the ceo of adforce stated that he just signed an exclusive agreement with tfsm to continue to be their ad server. a director of tfsm, jack rivkin, happened to be the co-host that day and didn't dispute anything that was said. until there's some clarification on this issue, i'm not going to buy anymore and actually will be looking for an exit point in the near future. buy ratings and price targets don't really mean a lot to blodget. blodget currently covers 11 stocks and 10 have the same rating of 2-1 which is accumulate/buy with aol being the lone 1-1 buy/buy. obviously, based on his words and actions he prefers pcln, amzn, yhoo all 2-1s to tfsm, ubid, seek also 2-1s.