Rare Medium (RRRR): Absolute Top-Aktie...Ultra-Strong-Buy!!!! - 500 Beiträge pro Seite
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Meistdiskutierte Wertpapiere
Platz | vorher | Wertpapier | Kurs | Perf. % | Anzahl | ||
---|---|---|---|---|---|---|---|
1. | 1. | 18.490,99 | -0,17 | 153 | |||
2. | 4. | 3,2000 | -0,78 | 55 | |||
3. | 6. | 7,8500 | +2,61 | 52 | |||
4. | 13. | 4,9540 | +0,20 | 48 | |||
5. | 2. | 2,0580 | +3,42 | 47 | |||
6. | 5. | 4,9200 | +2,93 | 44 | |||
7. | 11. | 7,2600 | +0,07 | 41 | |||
8. | 9. | 166,90 | +0,65 | 40 |
Schaut Euch unbedingt mal Rare Medium Group (RRRR) (WKN 891555), www.raremedium.com
Meines Erachtens ein absoluter Spitzenwert, der in jedes wachstumsorientierte Langfristdepot gehört!!! Habe 2 Tage lang nur über diesen Wert recherchiert und bin vollkommen überzeugt, daß RRRR ein Topperformer wird.
Bereich: Internet B2B Services und Incubator
Market Cap: 1,9 Mrd. USD
Nächste Woche werden Earnings veröffentlicht. In US-Boards wird erwartet, daß diese deutlich über den Erwartungen liegen (www.ragingbull.com oder www.siliconinvestor.com). Institutionelle fangen gerade erst an sich mit der Aktie zu beschäftigen bzw. sich einzudecken.
Anbei zur Einstimmung der Auszug aus einem vor einer Woche erschienenen Business Week-Interview. Es handelt sich um ein Interview mit dem erfolgreichsten Fondsmanager 99 der USA (zu finden unter www.businessweek.com, Suchwort: Rare Medium).
Weiter unten noch ein paar weitere Infos über RRRR.
Business Week:
....
Are you done buying it?
A: Yeah. It`s my largest weighting (Infospace). For most of the quarter, it probably
averaged between 6% and 8% of the fund. A more recent purchase is Rare
Medium Group (RRRR).
Q: What do they do?
A: It`s a Web-implementation firm. It`s totally underfollowed. I think that will
change in the next six to eight months. It has a more profitable future than
Razorfish (RAZF). It`s growing [twice as fast as] Razorfish, 100% top-line
growth sequentially for the past two quarters. It trades at a discount to its
competitors, but the real advantage is they only have 6% turnover, vs. the
industry norm of 15% to 25%. And they have a billable rate for new projects
that runs over $300 an hour, vs. competitors`, which are between $110 and
$150.
Q: Why?
A: Two reasons. One, they`re focused on just implementing
business-to-business software. Secondly, the reason their turnover is so low is
they have an incubator group. They have 19 or more portfolio companies [in
which] they have an ownership percentage stake -- all business-to-business
companies. Their ownership varies from 2% all the way north of 80%. You`re
getting that business for free, on a valuation perspective.
Q: So what`s it worth?
A: In the incubator companies, they have a revenue run rate that is very similar
to that of Internet Capital Group (ICGE). Internet Capital Group has a [$50
billion] valuation. These guys have a $1.3 billion valuation. So if you were to
value it on a similar multiple basis, say market cap to sales, you could get this
stock appreciating significantly, and that`s our thesis.
Q: Are you still buying Rare Medium?
A: I`ve built my full position, but I really have a very positive and optimistic
outlook for the future of this company.
Q: You used to have some bigger names -- Yahoo! (YHOO), America
Online (AOL), and Qualcomm (QCOM). Do you still own those?
A: These are names that were purchased a while ago. I currently do own
AOL, and it`s definitely underweighted in the portfolio.
Q: What else is important to know about the funds?
A: Both funds are very concentrated and obviously very volatile. They are
among the riskiest out there.
Q: Do you see anything interrupting the business momentum of the
Internet?
A: Not really. I can`t imagine not having the Internet around today. The growth
cycle of the Internet has been so extreme. I do believe it`s establishing a new
paradigm. These companies have explosive growth.... True, individual investors
have embraced this. [Among] institutional investors, there has been more
reluctance, probably because we`ve never seen anything like this.
Weitere Infos.....
What does the company do?
ICC Technologies (formerly Engelhard/ICC) has moved from a cool
business into a hot one. After buying privately held Web site
developer Rare Medium in 1998, the company sold 60% of its
Fresh Air Solutions air conditioning subsidiary to its management
in order to concentrate solely on its Internet business (per 10/14/98
- Rare Medium completed its plan to transform itself into a pure
Internet company by closing a transaction in which it sold a majority
interest in its remaining air conditioning business, Fresh Air
Solutions (FAS), to an FAS management group).**
The firm currently does business as Rare Medium, which is responsible
for some of the Internet`s highly acclaimed Web sites, intranets,
extranets, and CD-ROMs. (The company plans to officially change its
name.) Rare Medium Customers are typically "FORTUNE" 1000 companies.
================================
Initial Acquisitions:
Rare Medium, I/O 360, and DigitalFacades, (the "Rare Medium Group" or
the "Internet Businesses") are wholly-owned subsidiaries of ICC.
Rare Medium was acquired on April 15, 1998, and is an Internet
professional services firm that provide intranet, extranet and
Internet Website solutions and professional services to businesses.
Rare Medium offers a comprehensive range of services to deliver
Internet solutions designed to improve clients` business processes,
and as such include strategy consulting; needs analysis; creative,
design and technology development; content development,
implementation and integration; audience development; application
development; maintenance and hosting.
Rare Medium markets its services to large and medium-sized companies.
Both I/O 360 and DigitalFacades were acquired on August 13, 1998.
DigitalFacades is a Los Angeles-based Internet professional services
firm whose clients include Bugle Boy, Epson America, Inc. and Beckman
Coulter. I/O 360 Digital Design, Inc. is a New York-based interactive
design studio specializing in visual and engineering solutions for
all technology-mediated business environments. I/O 360
has recently designed the web site identity for the New York Times`
New York Today site, Yahoo Internet Life, Microsoft Press, and other
complex projects for such clients as Microsoft, Mitsubishi, Citicorp,
Sony, Fujitsu, Barnes & Noble and Prodigy.
The Company is integrating the operations of Rare Medium, I/O 360,and
DigitalFacades under the Rare Medium brand name while achieving
economies of marketing, purchasing, and operations, and while
simultaneously leveraging relationships with various clients that
existed prior to the mergers. To that end, the operations of Rare
Medium and I/O 360 have largely been physically integrated due to
I/O 360`s move to a location in New York City adjacent to Rare
Medium, and the Los Angeles operations of Rare Medium and
DigitalFacades have been consolidated into one location.
======================
More Detail Regarding Restructuring
During 1998, through a series of transactions, the Company has
restructured its operations to focus on the business of providing
Internet professional services to large and medium size businesses.
This was accomplished by restructuring its Engelhard/ICC joint
venture; purchasing the Internet-related businesses of Rare Medium,
Inc. ("Rare Medium"), I/O 360, Inc. ("I/O 360") and DigitalFacades
Corporation ("DigitalFacades"); and disposing of Fresh Air Solutions
(defined below) in October, 1998 (see Note 8). Historically ICC
Technologies, Inc. ("ICC" or the "Company") had been engaged in the
design, development, manufacture and marketing of climate control
systems.
On April 15, 1998, the Company acquired by merger all of the stock of
Rare Medium, Inc. ("Rare Medium"), a privately held New York
corporation. Rare Medium is an Internet professional services company
engaged in the design, delivery and implementation of Internet web
site applications and strategies, with its principal offices located
in New York City. Total consideration for the purchase was
approximately $46.2 million, consisting of a combination of $10
million in cash, 4,269,300 shares of common stock of the Company, and
the balance in a secured promissory note. The note has a principal
amount of $22.2 million bearing interest at the prime rate
(currently 8.5%), due in two equal installments in 2000 and 2001. For
further information regarding this transaction, see the Current
Reports on Forms 8-K and 8-K/A filed by the Company on April 15, 1998
and June 25, 1998, respectively.
On August 14, 1998 the Company acquired by merger all of the stock of
I/O 360, Inc., a privately held New York corporation, and
DigitalFacades Corporation, a privately held California corporation.
I/O 360 and DigitalFacades are Internet professional services
companies engaged in the design, delivery and implementation of
Internet web site applications and strategies. In consideration for
the purchase of I/O 360, the Company issued 786,559 shares of common
stock of the Company valued at $3.0 million (based on the average
closing price per share of ICC Common Stock for the 15 trading days
during the period from August 3, 1998 through August 21, 1998,
inclusive as reported in the Wall Street Journal). In consideration
for the purchase of DigitalFacades, the Company issued 719,144 shares
of common stock of the Company valued at $3.0 million (based on the
average closing price per share of ICC Common Stock for the 20
trading days prior to the August 13, 1998, as reported in the Wall
Street Journal). For further information regarding these
transactions, see the Current Report on Form 8-K filed by the
Company on August 28, 1998.
The Company has accounted for the above transactions under the
purchase method of accounting. The respective recognized purchase
prices was allocated to net tangible assets, which consisted
primarily of cash, accounts receivable, property and equipment,
accounts payable, and notes payable. Goodwill resulting from the
transactions, which was $45.7 million for Rare Medium, $3.2 million
for I/O 360, and $3.2 million for DigitalFacades, is being amortized
over a three year period.
The Company is integrating the operations of Rare Medium, I/O 360,
and DigitalFacades under the Rare Medium brand name while achieving
economies of marketing, purchasing, and operations, and while
simultaneously leveraging relationships with various clients that
existed prior to the mergers. To that end, the operations of Rare
Medium and I/O 360 have largely been physically integrated due to I/O
360`s move to a location in New York City adjacent to Rare Medium,
and the Los Angeles operations of Rare Medium and DigitalFacades have
been consolidated into one location.
=========================
More Financial Info on Restructuirng
The Company issued 4,269,300 shares of common stock as partial
consideration for the acquisition of Rare Medium, Inc. in April,
1998. In accordance with the Rare Medium Merger Agreement, the fair
value of the common stock was determined based on a value of $3.29
per share, which represented the average of the closing prices of the
Company`s common stock for the period April 13, 1998 to April 17,
1998. The Company issued 786,559 shares of common stock as
consideration for the purchase of I/O 360 in August, 1998. In
accordance with the I/O 360 Merger Agreement, the fair value of the
common stock was determined based on a value of $3.81 per share,
which represented the average of the closing prices of the
Company`s common stock for the 15 trading days during the period from August 3, 1998 through August 21, 1998,
inclusive. The Company issued
719,144 shares ofcommon stock as consideration for the purchase of
DigitalFacades in August, 1998. In accordance with the DigitalFacades
Merger Agreement, the fair value of the common stock was determined
based on a value of $4.17 per share, which represented the average of
the closing prices of the Company`s common stock for the 20 trading
days prior to the August 13, 1998.
=======================
12/98 Acquisition Agreements
Rare Medium in New York signed letters of intent to acquire Big Hand
Inc. and FS3 Interactive, both based in Dallas. In addition, Big
Hand`s subsidiary, CircumStance Design, will be acquired, giving Rare
Medium an entry point into the San Francisco area
.
Among the clients of Big Hand, CircumStance Design and FS3
Interactive are: Fox, Warner Brothers, Virgin, Neiman Marcus, Diet
Coke, Dr. Pepper and The Federal Reserve Bank.
==========================
Company Web Page:
http://www.raremedium.com
Rare Medium Group Web Pages:
http://www.bighand.com
http://www.io360.com
http://www.dfacades.com
================================
Company CEO
Glenn S. Meyers, 37, has grown Rare Medium, Inc. from 5 to 200
professionals and established a strong national presence for the
company through speaking engagements at major industry conferences
such as Red Herring`s Venture Markets, Internet World and Fulcrum. He
has also appeared on national business television such as CNNfn and
CNBC. Mr. Meyers is regularly quoted and featured in many print and
online publications such as The New York Times, Fortune, Crain`s New
York Business, Wired, and Silicon Alley Reporter. A recipient of
major industry awards, including; "Digital Media Masters" by
Advertising Age Magazine, Mr. Meyers is also a regular speaker on
the "INTERNET" educational circuit, including engagements at Harvard
Business School and the MIT Business Forum.
Prior to joining Rare Medium, he was President of Brookridge Capital
Management, an Internet venture capital firm. After graduating
college, Mr. Meyers founded his first company, American Cable
Products (ACP) in the data communication system integration business.
After leading the company to national prominence, which resulted in
the subsequent sale of ACP to a $2.0 billion NYSE competitor, Mr.
Meyers went on to serve as a principal, of several other
entrepreneurial emerging growth companies. Mr. Meyers holds a BS
from the University of Florida School of Business Administration where he was a letterman and scholarship athlete. He
is married with
three children and lives in Greenwich, CT.
======================
Board of Directors
Jeffrey M. Killeen
Steven Winograd
Richard T. Liebhaber
*Mr. Killeen is the COO of barnesandnoble.com, a leading E-commerce
company (http://www.barnesandnoble.com). He is also responsible for
the catalog and direct mail business of Barnes & Noble, Inc. Before
joining barnesandnoble.com, Mr. Killeen served as president and CEO
of Pacific Bell Interactive Media. Prior to that, Mr. Killeen spent
17 years at Dun & Bradstreet. He has also served on the Board of
Advisors of Hot Wired.
*Mr. Winograd is a Senior Managing Director and Group Head of the
Financial Buyers Group of Bear Stearns. Steven Winograd has 17 years
of experience in a diverse range of investment and merchant banking
disciplines. Prior to joining Bear Stearns in 1994, Mr. Winograd held
a number of positions that included general partner of the Blackstone
Group, where he managed the firm`s $800 million merchant banking
fund. Mr. Winograd also served as Managing Director in the Mergers
and Acquisitions Department of Drexel Burnham Lambert. Mr. Winograd
has successfully closed over 130 investment banking financing and M&A
transactions with an aggregate value in excess of $25 billion
*Mr. Liebhaber has held management and executive positions at
companies such as IBM and MCI Communications, where he was on the
Board of Directors and the Management Committee with founder Bill
McGowan, Vice Chairman Orville Wright, and President Bert Roberts.
Liebhaber was given the responsibility of architecting, engineering,
constructing, and maintaining MCI`s network and its operational
management information infrastructures. In addition, he was
responsible for business development, strategy management, and
managed the acquisition and integration of Telecom USA. Mr. Liebhaber
also serves on the board of Qwest Communications (Nasdaq: QWST), the
leading multimedia communication company building an Internet
Protocol (IP) fiber network for the 21st century.
Mr. Liebhaber has over 40 years of experience including 30 years at
IBM where he was the Director of Business Policy and Development. In
that position he was responsible for IBM`s new business development
activities, the establishment of internal Independent Business Units
and IBM`s contractual relationships with customers.
In February 1984, Mr. Liebhaber represented IBM in the establishment
of a joint venture company with CBS and Sears to develop consumer
home information services, a venture that subsequently became
Prodigy. Liebhaber served on the board of Directors of Prodigy from
its inception on December 31, 1993.
In November 1984, Liebhaber accepted an assignment as Senior Vice
President at SBS (Satellite Business Systems) a joint venture company
between IBM, Atena and COMSAT.
Liebhaber has also been a consulting Managing Director at Veronis,
Suhler & Associates, the New York media merchant banking firm. He
serves on the Board of Directors for Qwest Communications
International, Inc., a multimedia communications company building a
high capacity, Internet Protocol (IP)-based fiber optic network for
the 21st century and Alcatel Network Systems, a world leader in
telecommunications systems and equipment. Mr. Liebhaber also serves
on the Board of Directors of the Visiting Nurse Service of New York,
and the Washington Performing Arts Society.
Additionally, Mr. Liebhaber is a member of the Executive Committee of
Abilene Internet 2 project at the University of Corporation for
Advanced Internet Development (UCAID), a consortium of 130 US
Universities
========================
Company Contact:
Address: 44 West 18th Street
New York, NY 10011
Phone: 212.634.6950
Fax: 212.634.6951
Key Contacts: Courtney Shore, Director of Client Services
-For questions regarding investor relations, please contact John Gross in our New York Office
at 212.634.6950 x358.
Meines Erachtens ein absoluter Spitzenwert, der in jedes wachstumsorientierte Langfristdepot gehört!!! Habe 2 Tage lang nur über diesen Wert recherchiert und bin vollkommen überzeugt, daß RRRR ein Topperformer wird.
Bereich: Internet B2B Services und Incubator
Market Cap: 1,9 Mrd. USD
Nächste Woche werden Earnings veröffentlicht. In US-Boards wird erwartet, daß diese deutlich über den Erwartungen liegen (www.ragingbull.com oder www.siliconinvestor.com). Institutionelle fangen gerade erst an sich mit der Aktie zu beschäftigen bzw. sich einzudecken.
Anbei zur Einstimmung der Auszug aus einem vor einer Woche erschienenen Business Week-Interview. Es handelt sich um ein Interview mit dem erfolgreichsten Fondsmanager 99 der USA (zu finden unter www.businessweek.com, Suchwort: Rare Medium).
Weiter unten noch ein paar weitere Infos über RRRR.
Business Week:
....
Are you done buying it?
A: Yeah. It`s my largest weighting (Infospace). For most of the quarter, it probably
averaged between 6% and 8% of the fund. A more recent purchase is Rare
Medium Group (RRRR).
Q: What do they do?
A: It`s a Web-implementation firm. It`s totally underfollowed. I think that will
change in the next six to eight months. It has a more profitable future than
Razorfish (RAZF). It`s growing [twice as fast as] Razorfish, 100% top-line
growth sequentially for the past two quarters. It trades at a discount to its
competitors, but the real advantage is they only have 6% turnover, vs. the
industry norm of 15% to 25%. And they have a billable rate for new projects
that runs over $300 an hour, vs. competitors`, which are between $110 and
$150.
Q: Why?
A: Two reasons. One, they`re focused on just implementing
business-to-business software. Secondly, the reason their turnover is so low is
they have an incubator group. They have 19 or more portfolio companies [in
which] they have an ownership percentage stake -- all business-to-business
companies. Their ownership varies from 2% all the way north of 80%. You`re
getting that business for free, on a valuation perspective.
Q: So what`s it worth?
A: In the incubator companies, they have a revenue run rate that is very similar
to that of Internet Capital Group (ICGE). Internet Capital Group has a [$50
billion] valuation. These guys have a $1.3 billion valuation. So if you were to
value it on a similar multiple basis, say market cap to sales, you could get this
stock appreciating significantly, and that`s our thesis.
Q: Are you still buying Rare Medium?
A: I`ve built my full position, but I really have a very positive and optimistic
outlook for the future of this company.
Q: You used to have some bigger names -- Yahoo! (YHOO), America
Online (AOL), and Qualcomm (QCOM). Do you still own those?
A: These are names that were purchased a while ago. I currently do own
AOL, and it`s definitely underweighted in the portfolio.
Q: What else is important to know about the funds?
A: Both funds are very concentrated and obviously very volatile. They are
among the riskiest out there.
Q: Do you see anything interrupting the business momentum of the
Internet?
A: Not really. I can`t imagine not having the Internet around today. The growth
cycle of the Internet has been so extreme. I do believe it`s establishing a new
paradigm. These companies have explosive growth.... True, individual investors
have embraced this. [Among] institutional investors, there has been more
reluctance, probably because we`ve never seen anything like this.
Weitere Infos.....
What does the company do?
ICC Technologies (formerly Engelhard/ICC) has moved from a cool
business into a hot one. After buying privately held Web site
developer Rare Medium in 1998, the company sold 60% of its
Fresh Air Solutions air conditioning subsidiary to its management
in order to concentrate solely on its Internet business (per 10/14/98
- Rare Medium completed its plan to transform itself into a pure
Internet company by closing a transaction in which it sold a majority
interest in its remaining air conditioning business, Fresh Air
Solutions (FAS), to an FAS management group).**
The firm currently does business as Rare Medium, which is responsible
for some of the Internet`s highly acclaimed Web sites, intranets,
extranets, and CD-ROMs. (The company plans to officially change its
name.) Rare Medium Customers are typically "FORTUNE" 1000 companies.
================================
Initial Acquisitions:
Rare Medium, I/O 360, and DigitalFacades, (the "Rare Medium Group" or
the "Internet Businesses") are wholly-owned subsidiaries of ICC.
Rare Medium was acquired on April 15, 1998, and is an Internet
professional services firm that provide intranet, extranet and
Internet Website solutions and professional services to businesses.
Rare Medium offers a comprehensive range of services to deliver
Internet solutions designed to improve clients` business processes,
and as such include strategy consulting; needs analysis; creative,
design and technology development; content development,
implementation and integration; audience development; application
development; maintenance and hosting.
Rare Medium markets its services to large and medium-sized companies.
Both I/O 360 and DigitalFacades were acquired on August 13, 1998.
DigitalFacades is a Los Angeles-based Internet professional services
firm whose clients include Bugle Boy, Epson America, Inc. and Beckman
Coulter. I/O 360 Digital Design, Inc. is a New York-based interactive
design studio specializing in visual and engineering solutions for
all technology-mediated business environments. I/O 360
has recently designed the web site identity for the New York Times`
New York Today site, Yahoo Internet Life, Microsoft Press, and other
complex projects for such clients as Microsoft, Mitsubishi, Citicorp,
Sony, Fujitsu, Barnes & Noble and Prodigy.
The Company is integrating the operations of Rare Medium, I/O 360,and
DigitalFacades under the Rare Medium brand name while achieving
economies of marketing, purchasing, and operations, and while
simultaneously leveraging relationships with various clients that
existed prior to the mergers. To that end, the operations of Rare
Medium and I/O 360 have largely been physically integrated due to
I/O 360`s move to a location in New York City adjacent to Rare
Medium, and the Los Angeles operations of Rare Medium and
DigitalFacades have been consolidated into one location.
======================
More Detail Regarding Restructuring
During 1998, through a series of transactions, the Company has
restructured its operations to focus on the business of providing
Internet professional services to large and medium size businesses.
This was accomplished by restructuring its Engelhard/ICC joint
venture; purchasing the Internet-related businesses of Rare Medium,
Inc. ("Rare Medium"), I/O 360, Inc. ("I/O 360") and DigitalFacades
Corporation ("DigitalFacades"); and disposing of Fresh Air Solutions
(defined below) in October, 1998 (see Note 8). Historically ICC
Technologies, Inc. ("ICC" or the "Company") had been engaged in the
design, development, manufacture and marketing of climate control
systems.
On April 15, 1998, the Company acquired by merger all of the stock of
Rare Medium, Inc. ("Rare Medium"), a privately held New York
corporation. Rare Medium is an Internet professional services company
engaged in the design, delivery and implementation of Internet web
site applications and strategies, with its principal offices located
in New York City. Total consideration for the purchase was
approximately $46.2 million, consisting of a combination of $10
million in cash, 4,269,300 shares of common stock of the Company, and
the balance in a secured promissory note. The note has a principal
amount of $22.2 million bearing interest at the prime rate
(currently 8.5%), due in two equal installments in 2000 and 2001. For
further information regarding this transaction, see the Current
Reports on Forms 8-K and 8-K/A filed by the Company on April 15, 1998
and June 25, 1998, respectively.
On August 14, 1998 the Company acquired by merger all of the stock of
I/O 360, Inc., a privately held New York corporation, and
DigitalFacades Corporation, a privately held California corporation.
I/O 360 and DigitalFacades are Internet professional services
companies engaged in the design, delivery and implementation of
Internet web site applications and strategies. In consideration for
the purchase of I/O 360, the Company issued 786,559 shares of common
stock of the Company valued at $3.0 million (based on the average
closing price per share of ICC Common Stock for the 15 trading days
during the period from August 3, 1998 through August 21, 1998,
inclusive as reported in the Wall Street Journal). In consideration
for the purchase of DigitalFacades, the Company issued 719,144 shares
of common stock of the Company valued at $3.0 million (based on the
average closing price per share of ICC Common Stock for the 20
trading days prior to the August 13, 1998, as reported in the Wall
Street Journal). For further information regarding these
transactions, see the Current Report on Form 8-K filed by the
Company on August 28, 1998.
The Company has accounted for the above transactions under the
purchase method of accounting. The respective recognized purchase
prices was allocated to net tangible assets, which consisted
primarily of cash, accounts receivable, property and equipment,
accounts payable, and notes payable. Goodwill resulting from the
transactions, which was $45.7 million for Rare Medium, $3.2 million
for I/O 360, and $3.2 million for DigitalFacades, is being amortized
over a three year period.
The Company is integrating the operations of Rare Medium, I/O 360,
and DigitalFacades under the Rare Medium brand name while achieving
economies of marketing, purchasing, and operations, and while
simultaneously leveraging relationships with various clients that
existed prior to the mergers. To that end, the operations of Rare
Medium and I/O 360 have largely been physically integrated due to I/O
360`s move to a location in New York City adjacent to Rare Medium,
and the Los Angeles operations of Rare Medium and DigitalFacades have
been consolidated into one location.
=========================
More Financial Info on Restructuirng
The Company issued 4,269,300 shares of common stock as partial
consideration for the acquisition of Rare Medium, Inc. in April,
1998. In accordance with the Rare Medium Merger Agreement, the fair
value of the common stock was determined based on a value of $3.29
per share, which represented the average of the closing prices of the
Company`s common stock for the period April 13, 1998 to April 17,
1998. The Company issued 786,559 shares of common stock as
consideration for the purchase of I/O 360 in August, 1998. In
accordance with the I/O 360 Merger Agreement, the fair value of the
common stock was determined based on a value of $3.81 per share,
which represented the average of the closing prices of the
Company`s common stock for the 15 trading days during the period from August 3, 1998 through August 21, 1998,
inclusive. The Company issued
719,144 shares ofcommon stock as consideration for the purchase of
DigitalFacades in August, 1998. In accordance with the DigitalFacades
Merger Agreement, the fair value of the common stock was determined
based on a value of $4.17 per share, which represented the average of
the closing prices of the Company`s common stock for the 20 trading
days prior to the August 13, 1998.
=======================
12/98 Acquisition Agreements
Rare Medium in New York signed letters of intent to acquire Big Hand
Inc. and FS3 Interactive, both based in Dallas. In addition, Big
Hand`s subsidiary, CircumStance Design, will be acquired, giving Rare
Medium an entry point into the San Francisco area
.
Among the clients of Big Hand, CircumStance Design and FS3
Interactive are: Fox, Warner Brothers, Virgin, Neiman Marcus, Diet
Coke, Dr. Pepper and The Federal Reserve Bank.
==========================
Company Web Page:
http://www.raremedium.com
Rare Medium Group Web Pages:
http://www.bighand.com
http://www.io360.com
http://www.dfacades.com
================================
Company CEO
Glenn S. Meyers, 37, has grown Rare Medium, Inc. from 5 to 200
professionals and established a strong national presence for the
company through speaking engagements at major industry conferences
such as Red Herring`s Venture Markets, Internet World and Fulcrum. He
has also appeared on national business television such as CNNfn and
CNBC. Mr. Meyers is regularly quoted and featured in many print and
online publications such as The New York Times, Fortune, Crain`s New
York Business, Wired, and Silicon Alley Reporter. A recipient of
major industry awards, including; "Digital Media Masters" by
Advertising Age Magazine, Mr. Meyers is also a regular speaker on
the "INTERNET" educational circuit, including engagements at Harvard
Business School and the MIT Business Forum.
Prior to joining Rare Medium, he was President of Brookridge Capital
Management, an Internet venture capital firm. After graduating
college, Mr. Meyers founded his first company, American Cable
Products (ACP) in the data communication system integration business.
After leading the company to national prominence, which resulted in
the subsequent sale of ACP to a $2.0 billion NYSE competitor, Mr.
Meyers went on to serve as a principal, of several other
entrepreneurial emerging growth companies. Mr. Meyers holds a BS
from the University of Florida School of Business Administration where he was a letterman and scholarship athlete. He
is married with
three children and lives in Greenwich, CT.
======================
Board of Directors
Jeffrey M. Killeen
Steven Winograd
Richard T. Liebhaber
*Mr. Killeen is the COO of barnesandnoble.com, a leading E-commerce
company (http://www.barnesandnoble.com). He is also responsible for
the catalog and direct mail business of Barnes & Noble, Inc. Before
joining barnesandnoble.com, Mr. Killeen served as president and CEO
of Pacific Bell Interactive Media. Prior to that, Mr. Killeen spent
17 years at Dun & Bradstreet. He has also served on the Board of
Advisors of Hot Wired.
*Mr. Winograd is a Senior Managing Director and Group Head of the
Financial Buyers Group of Bear Stearns. Steven Winograd has 17 years
of experience in a diverse range of investment and merchant banking
disciplines. Prior to joining Bear Stearns in 1994, Mr. Winograd held
a number of positions that included general partner of the Blackstone
Group, where he managed the firm`s $800 million merchant banking
fund. Mr. Winograd also served as Managing Director in the Mergers
and Acquisitions Department of Drexel Burnham Lambert. Mr. Winograd
has successfully closed over 130 investment banking financing and M&A
transactions with an aggregate value in excess of $25 billion
*Mr. Liebhaber has held management and executive positions at
companies such as IBM and MCI Communications, where he was on the
Board of Directors and the Management Committee with founder Bill
McGowan, Vice Chairman Orville Wright, and President Bert Roberts.
Liebhaber was given the responsibility of architecting, engineering,
constructing, and maintaining MCI`s network and its operational
management information infrastructures. In addition, he was
responsible for business development, strategy management, and
managed the acquisition and integration of Telecom USA. Mr. Liebhaber
also serves on the board of Qwest Communications (Nasdaq: QWST), the
leading multimedia communication company building an Internet
Protocol (IP) fiber network for the 21st century.
Mr. Liebhaber has over 40 years of experience including 30 years at
IBM where he was the Director of Business Policy and Development. In
that position he was responsible for IBM`s new business development
activities, the establishment of internal Independent Business Units
and IBM`s contractual relationships with customers.
In February 1984, Mr. Liebhaber represented IBM in the establishment
of a joint venture company with CBS and Sears to develop consumer
home information services, a venture that subsequently became
Prodigy. Liebhaber served on the board of Directors of Prodigy from
its inception on December 31, 1993.
In November 1984, Liebhaber accepted an assignment as Senior Vice
President at SBS (Satellite Business Systems) a joint venture company
between IBM, Atena and COMSAT.
Liebhaber has also been a consulting Managing Director at Veronis,
Suhler & Associates, the New York media merchant banking firm. He
serves on the Board of Directors for Qwest Communications
International, Inc., a multimedia communications company building a
high capacity, Internet Protocol (IP)-based fiber optic network for
the 21st century and Alcatel Network Systems, a world leader in
telecommunications systems and equipment. Mr. Liebhaber also serves
on the Board of Directors of the Visiting Nurse Service of New York,
and the Washington Performing Arts Society.
Additionally, Mr. Liebhaber is a member of the Executive Committee of
Abilene Internet 2 project at the University of Corporation for
Advanced Internet Development (UCAID), a consortium of 130 US
Universities
========================
Company Contact:
Address: 44 West 18th Street
New York, NY 10011
Phone: 212.634.6950
Fax: 212.634.6951
Key Contacts: Courtney Shore, Director of Client Services
-For questions regarding investor relations, please contact John Gross in our New York Office
at 212.634.6950 x358.
Bist du schon in dieser Aktie investiert??
Wie lautet dein Kursziel??
Die Aktie kommt ja schon von 10 Euro!!!
Meinst du das die Aktie weiteres Potential hat??
Wie lautet dein Kursziel??
Die Aktie kommt ja schon von 10 Euro!!!
Meinst du das die Aktie weiteres Potential hat??
WOW, mal was neues:
"ULTRA-STRONG-BUY !!"
Nach "STRONG STRONG BUY" und div. 10 hoch 10000000 Kurszielen eine echte Neuerung. Danke
"ULTRA-STRONG-BUY !!"
Nach "STRONG STRONG BUY" und div. 10 hoch 10000000 Kurszielen eine echte Neuerung. Danke
Hi Malze!
es gibt noch keine Analysen von Investmentbanken über Rare Medium (dürfte aber demnächst soweit sein!).
Die Aktie wird gerade erst von den institutionellen Investoren entdeckt. Meiner Meinung nach besteht noch ein riesiges Potential.
Mit etwas Optimismus kann RRRR mit internet Capital Group verglichen werden (hat glaub ich so um die 50 Mrd. Market Cap).
Bei einer derzeitigen Market Cap von RRRR von 1,9 Mrd USD besteht also noch riesiges Potential.
Mein persönliches (konservatives) Kursziel beträgt 250 USD in den nächsten 12-18 Monaten, was einer Market Cap von knapp 10 Mrd $ entspricht.
Ich halte es aber wahrscheinlicher, daß RRRR in den nächsten 12-18 Monaten eine Market Cap von 20 Mrd $ erreicht, d. h. einen Kurs von ca. 500 USD.
Laß Dich nicht davon abschrecken, daß die Aktie schon gut gelaufen ist. Das ist m. E. erst der Anfang.
Und ja, ich bin selber ordentlich investiert.
RRRR ist derzeit mein Lieblich neben Infospace (INSP) und Virata (VRTA).
es gibt noch keine Analysen von Investmentbanken über Rare Medium (dürfte aber demnächst soweit sein!).
Die Aktie wird gerade erst von den institutionellen Investoren entdeckt. Meiner Meinung nach besteht noch ein riesiges Potential.
Mit etwas Optimismus kann RRRR mit internet Capital Group verglichen werden (hat glaub ich so um die 50 Mrd. Market Cap).
Bei einer derzeitigen Market Cap von RRRR von 1,9 Mrd USD besteht also noch riesiges Potential.
Mein persönliches (konservatives) Kursziel beträgt 250 USD in den nächsten 12-18 Monaten, was einer Market Cap von knapp 10 Mrd $ entspricht.
Ich halte es aber wahrscheinlicher, daß RRRR in den nächsten 12-18 Monaten eine Market Cap von 20 Mrd $ erreicht, d. h. einen Kurs von ca. 500 USD.
Laß Dich nicht davon abschrecken, daß die Aktie schon gut gelaufen ist. Das ist m. E. erst der Anfang.
Und ja, ich bin selber ordentlich investiert.
RRRR ist derzeit mein Lieblich neben Infospace (INSP) und Virata (VRTA).
Hallo allerseits,
gute Arbeit, deine Vergleiche werden jetzt von vielen belächelt, aber mach Dir nichts daraus, in einem Jahr sagen sie dann "Du bist schon so früh rein, echt gut...bla.bla...".
Klar kommt die Aktie von weit unten, aber wer sagt den, daß dies negativ sein sollte?
Beschäftige Dich mal mit den Zahlen, schau Dir die Arbeit des Mangements an...dann siehst Du vielleicht auch mehr potenzial wie wenn Du Dir einen Chart anschaust.
Bis dann,
Hype
gute Arbeit, deine Vergleiche werden jetzt von vielen belächelt, aber mach Dir nichts daraus, in einem Jahr sagen sie dann "Du bist schon so früh rein, echt gut...bla.bla...".
Klar kommt die Aktie von weit unten, aber wer sagt den, daß dies negativ sein sollte?
Beschäftige Dich mal mit den Zahlen, schau Dir die Arbeit des Mangements an...dann siehst Du vielleicht auch mehr potenzial wie wenn Du Dir einen Chart anschaust.
Bis dann,
Hype
bin auch schon länger dabei. RRRR traue ich sogar in einem schlechten Umfeld eine geile Performance zu. Mein Lieblingswert!! B2B und Incubator! Was will man mehr!
Vielleicht auch noch ein paar überzeugende Zahlen zu Rare Medium gefällig? Bitte sehr:
Durchschnittliches Umsatzwachstum von Quartal zu Quartal sagenhafte 91%!!! Das toppen im Moment nur Commerce One (103%) und Mediaplex (120%). (Zahlen seit Anfang 1999)
Marktkapitalisierung - Umsatz - Multiplikator (MUM, der beliebteste Bewertungsmaßstab bei I-Nets): lächerliche 30! Im Vergleich: Commerce One 191, Verticalnet 173, CMGI 54, Internet Capital Group über 300. (Zahlen für das 4. Quartal 1999)
Meine Faustregel bei der Bewertung von I-Nets: Wenn Wachstum (viel)größer als MUM >>> kaufen!
Was ja bei RRRR eindeutig der Fall ist. Wenn man den MUM durch das Umsatzwachstum dividiert (danach kaufe ich vorrangig meine Aktien), ergibt sich ein Faktor von 0,33. Commerce One steht bei 1,85, CMGI bei 3,03, Verticalnet bei 2,14. (Zur Erklärung: je kleiner die Zahl, desto besser!)
Was soll ich noch sagen? Die Zahlen stimmen, die Story stimmt, und wenn sich der Aktienkurs genauso entwickelt, wie das Umsatzwachstum, müßte sich RRRR jedes Jahr ver13fachen!
MfG, Arend
PS: Mein KK: 31, Ziel kurz: 100, lang 500
Long RRRR!
Durchschnittliches Umsatzwachstum von Quartal zu Quartal sagenhafte 91%!!! Das toppen im Moment nur Commerce One (103%) und Mediaplex (120%). (Zahlen seit Anfang 1999)
Marktkapitalisierung - Umsatz - Multiplikator (MUM, der beliebteste Bewertungsmaßstab bei I-Nets): lächerliche 30! Im Vergleich: Commerce One 191, Verticalnet 173, CMGI 54, Internet Capital Group über 300. (Zahlen für das 4. Quartal 1999)
Meine Faustregel bei der Bewertung von I-Nets: Wenn Wachstum (viel)größer als MUM >>> kaufen!
Was ja bei RRRR eindeutig der Fall ist. Wenn man den MUM durch das Umsatzwachstum dividiert (danach kaufe ich vorrangig meine Aktien), ergibt sich ein Faktor von 0,33. Commerce One steht bei 1,85, CMGI bei 3,03, Verticalnet bei 2,14. (Zur Erklärung: je kleiner die Zahl, desto besser!)
Was soll ich noch sagen? Die Zahlen stimmen, die Story stimmt, und wenn sich der Aktienkurs genauso entwickelt, wie das Umsatzwachstum, müßte sich RRRR jedes Jahr ver13fachen!
MfG, Arend
PS: Mein KK: 31, Ziel kurz: 100, lang 500
Long RRRR!
Die Aktie findet bei uns viel zu wenig beachtung! Dies aber völlig zu unrecht!
Vorbörslich heute schon bei $59
mfg
NetBunny
Vorbörslich heute schon bei $59
mfg
NetBunny
Rare Medium (RRRR) baut Portal (b2B) für Sterling Vision
auf = Optiker & Augenärzte in den USA, haben schon über
US $ 140 Mio Umsatz = ISEE / Nasdaq - täglich bis zu 1,7 Mio
Aktien Umsatz.
Jetzt kommts: RRRR hält Beteiligung an ISEE, d.h. gibt
Leistung des WWW-Auftritts gegen Beteiligung. Super-Zeichen !
Studie über ISEE ab morgen unter: www.germany.net
(dort: aktuell-Börsen/W-Kanal-USA, Unternehmen)
Mehr Infos ?
www.sterlingoptical.com
auf = Optiker & Augenärzte in den USA, haben schon über
US $ 140 Mio Umsatz = ISEE / Nasdaq - täglich bis zu 1,7 Mio
Aktien Umsatz.
Jetzt kommts: RRRR hält Beteiligung an ISEE, d.h. gibt
Leistung des WWW-Auftritts gegen Beteiligung. Super-Zeichen !
Studie über ISEE ab morgen unter: www.germany.net
(dort: aktuell-Börsen/W-Kanal-USA, Unternehmen)
Mehr Infos ?
www.sterlingoptical.com
RRRR heute +13.3% in USA!
nicht schlecht der chart, aber mit sicherheit kein ultra strong buy!! Alles Effekthascherei!
Nichts gegen dich monsix,
aber Rare ist wirklich ein topinvest.
Ultra-strong buy ist zwar ein wenig übertrieben, aber ein strong buy sollte es schon sein!
Gruß
NetBunny
aber Rare ist wirklich ein topinvest.
Ultra-strong buy ist zwar ein wenig übertrieben, aber ein strong buy sollte es schon sein!
Gruß
NetBunny
hallo leute,
find ich ja klasse, daß noch mehr leute auf RRRR abfahren. Ist auch meine "heimliche" lieblingsaktie
danke qualinvestor für deine ausführliche beschreibung. soviel wußte ich noch gar nicht von RRRR
gruß roland
find ich ja klasse, daß noch mehr leute auf RRRR abfahren. Ist auch meine "heimliche" lieblingsaktie
danke qualinvestor für deine ausführliche beschreibung. soviel wußte ich noch gar nicht von RRRR
gruß roland
Ja, diese aktie geht fast unter, bei dem förtsch-gepusche.
Wie lange hast du sie schon und was ist dein 12m-kurziel?
NetBunny
Wie lange hast du sie schon und was ist dein 12m-kurziel?
NetBunny
So Kinders!
Die 80 sind nun auch passè, aber daß das ATH geknackt wird ist bei RRRR ja nichts neues...aber genau das liebe ich daran, diese Aktie steigt so gut wie jeden Tag ein bißchen, da schaut man doch gerne in sein Depot.
So long
Hype
Die 80 sind nun auch passè, aber daß das ATH geknackt wird ist bei RRRR ja nichts neues...aber genau das liebe ich daran, diese Aktie steigt so gut wie jeden Tag ein bißchen, da schaut man doch gerne in sein Depot.
So long
Hype
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
Das Boersenhausen.de-Team schreibt im Goldi-Letter vom 23.05.2000 zu RARE MEDIUM Inc.:
"RRRR, ist nicht der enttäuschte Laut von Börsenhausener sondern eine recht interessante Aktie: Rare Medium Inc. ist ein
amerikanischer Web-Hosting-Anbieter und immerhin Nr. 3 bei der Erstellung von Websites für junge Unternehmen.
Hauptaufgabe von Rare Medium Inc. ist die Webpräsenz zu erstellen. Aber Rare Medium Inc. macht noch mehr: Insgesamt
beschäftigt das Unternehmen 800 Mitarbeiter an 20 verschiedenen Standorten weltweit. Neben der Erarbeitung des
Internet-Auftritts zählt auch Marketing und Logistik zu den Aufgabengebieten. Rare Medium Inc. hat sich zum Ziel gesetzt,
die Unternehmen auf diesem neuen Weg der Werbung zu begleiten. Zu ihren Kunden gehören so namhafte Unternehmen
wie Nabisco, REUTERS, Microsoft, Sony, IBM, Ford und General Motors. Das 4 . Quartal 1999 war eins der erfolgreichsten
seit der Gründung 1995! Der Umsatz konnte um über 700% auf 17,6 Mio. USD gesteigert werden. Der Verlust wurde allerdings
ausgebaut: 0,24 USD/Aktie nach 0,10 USD/Aktie im Vorquartal. Die nächsten Zahlen werden am 27. April vor Börseneröffnung
bekanntgegeben. Die Flüsterschätzung liegt bei 0,06 USD/Aktie. Erwartet werden ca 0,10 - 0,07 USD/Aktie! Analyst
Mark D´annolfo von Deutsche Bank Alex.Brown stufte die Aktie der Rare Medium Inc. in einer erstmaligen Einschätzung
mit Kaufen ein, Kursziel: 83 US-Dollar. Im Chart sieht man, das der Boden wahrscheinlich gefunden wurde. Man hält sich
derzeit mitten in den Bollinger Bands auf. Da auch wir von wesentlich besseren Zahlen ausgehen, empfehlen wir nicht zuletzt
aufgrund der derzeitigen Kursschwäche die Aktie zum Kauf!"
"RRRR, ist nicht der enttäuschte Laut von Börsenhausener sondern eine recht interessante Aktie: Rare Medium Inc. ist ein
amerikanischer Web-Hosting-Anbieter und immerhin Nr. 3 bei der Erstellung von Websites für junge Unternehmen.
Hauptaufgabe von Rare Medium Inc. ist die Webpräsenz zu erstellen. Aber Rare Medium Inc. macht noch mehr: Insgesamt
beschäftigt das Unternehmen 800 Mitarbeiter an 20 verschiedenen Standorten weltweit. Neben der Erarbeitung des
Internet-Auftritts zählt auch Marketing und Logistik zu den Aufgabengebieten. Rare Medium Inc. hat sich zum Ziel gesetzt,
die Unternehmen auf diesem neuen Weg der Werbung zu begleiten. Zu ihren Kunden gehören so namhafte Unternehmen
wie Nabisco, REUTERS, Microsoft, Sony, IBM, Ford und General Motors. Das 4 . Quartal 1999 war eins der erfolgreichsten
seit der Gründung 1995! Der Umsatz konnte um über 700% auf 17,6 Mio. USD gesteigert werden. Der Verlust wurde allerdings
ausgebaut: 0,24 USD/Aktie nach 0,10 USD/Aktie im Vorquartal. Die nächsten Zahlen werden am 27. April vor Börseneröffnung
bekanntgegeben. Die Flüsterschätzung liegt bei 0,06 USD/Aktie. Erwartet werden ca 0,10 - 0,07 USD/Aktie! Analyst
Mark D´annolfo von Deutsche Bank Alex.Brown stufte die Aktie der Rare Medium Inc. in einer erstmaligen Einschätzung
mit Kaufen ein, Kursziel: 83 US-Dollar. Im Chart sieht man, das der Boden wahrscheinlich gefunden wurde. Man hält sich
derzeit mitten in den Bollinger Bands auf. Da auch wir von wesentlich besseren Zahlen ausgehen, empfehlen wir nicht zuletzt
aufgrund der derzeitigen Kursschwäche die Aktie zum Kauf!"
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