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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?


To: Anaxagoras who wrote (736)6/3/1999 5:49:00 PM
From: Mary Baker  Read Replies (1) | Respond to of 1150
 
Yep, here is the other shoe dropping...

My impression is also unfavorable. They're a small investment banking outfit that brought FONE public. They've had dealings with a bunch of crummy companies in the past and they show up in a lot of filings of past short selling favorites, e.g. QGLY, CELL, SMCH, TURF, etc. I didn't spend a lot of time looking into this, but as another example, NOOF recently filed a registration statement on form S-3 and mentions the threat of delisting for failing to meet the net tangible assets criterion- anyway, NOOF is suing Sands at the moment

Anaxagoras...appreciate all sides of the story...

I tell you though...it is Ironic that in my portfolio RRRR is the standout winner...compared to my other Inet/tech stocks...many of us have been bleeding a river and looking for a tourniquet!

Mary




To: Anaxagoras who wrote (736)7/12/1999 3:25:00 PM
From: Anaxagoras  Read Replies (1) | Respond to of 1150
 
Not hearing too much from this incubator- of course, it takes a long time to hatch these things. Interesting article in today's TSC by Lashinsky on yet another CMGI wannabe:
thestreet.com

Although RRRR isn't mentioned, it still should be of mild interest to followers of Rare.

Here's a non-copyright violating tease....
<<On one level, it is somewhat disturbing that ICG wants to go public at all. Venture firms historically maintain funds that take years to pay off, making quarterly performance effectively meaningless. But ICG has said it wants to be a combination of a venture-capital firm, a leveraged-buyout company that can commit large amounts of capital, and a G.E.-like holding company, lending the expertise of its top brass to each partner company. >>

BTW, I should also mention this from Briefing.com this morning:
<<10:50 ET Rare Medium Group Inc (RRRR) 13 1/16 +1 1/16 (+9%): Internet venture fund announces addition of its stock to the Russell 2000 and Russell 3000. Volume 795K; intraday range 12 to 13 7/16.>>

Anaxagoras