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Technology Stocks : BiznessOnline.com, Inc. (BIZZ) -- Ignore unavailable to you. Want to Upgrade?

To: blankmind who wrote (7)	5/24/1999 11:21:00 PM
From: Glenn Petersen	Read Replies (1) \| Respond to of 19

The deal was also priced very aggressively. BIZZ is still selling at 10.3 times last year's sales and each of its 20,000 subscribers is being valued at approximately $3,200. This is at the high end of the range for public U.S. ISPs. ONEM's customers are being valued at less than $1,200 each. Your have to wonder if the aggressive pricing has cost them the over allotment option (gross proceeds of $4.35 MM) BIZZ does have $17.0 MM for acquisitions, which should go a long way when you can purchase ISP subscribers for cash at 2 times revenues.