Forum Archive Index - October 2000

["daniel" <DANIEL.ST@xtra.co.nz>]

 

i see www.boo.com  is returning on the 30th october

 

 

> Looks as if its run out of money to pay for its hosting.> David ReidIt
really is worth a look.  Try again this evening or early tomorrow.The site works
on the basic principal that high tech companies almost alwaysare running at a
loss.  The site takes take the reported cash assets ofthecompany and the
reported loss each quarter, graph it nicely and work out howmany months it will
be before the company will have spent all its money andhave to cease trading.If
you think this is a poor way to assess the chances of a company failing,just
look at some recent high spend / quick burnout operations such as boo.com.
 A large number of other famous names are in the same category, soyou would be
well advised to have a look.I suspect that increasing numbers of investors are
becoming aware of thisinformation and the site has become *hot* in the past day
or so - hence theunavailable message.  If you have exposure to high-tech
startups, you hadbetter get there pretty quick.jeremy