Post by
DAVIDHAB on Jan 13, 2002 9:56pm
Board Info
Alsam, A belated thanks for the info on the Yahoo boards.
This thing is kind of a puzzle. They've got a lot of dough and although their business model makes some sense, the management team gets beat up quite a bit (check www.f#ckedcompany.com and search for Onvia - replace the # with a u). A lot of this is hard feelings as they did let a lot of staff go.
There is or was a lawsuit launched against these guys in the summer I believe. Anyone know anymore about that? Until this suit, which if still unresolved is the likely cause of the deep price discount, is solved successfully I would suspect that the pattern will continue. If, on the otherhand, they resolve the suit, I would think this baby would bounce back in a big way.
Anyway, I'm in currently at .44. I think you'll see peeks higher than the .65 cent level that was recently tested.
Cheers