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Re: None

Sunday, 04/03/2005 7:21:05 AM

Sunday, April 03, 2005 7:21:05 AM

Post# of 326351
And as much as i hate to say it (and as much as i risk the ire of many here, hopefully not too much ire), i've been perusing the raging bull board, more for entertainment than for knowledge, and seabiscut does have a lot of good points regarding this cornell situation. This cornell deal is great for Neomedia; but not necessarily great for those of us longs sitting on many shares. Neom can continue to dilute all the way to a billion shares; by doing so, they stand to generate as much as 100 million dollars from cornell. Great for them, not great for us.

However, neom can only do this if the pps stays up, and the only way the pps can stay up is with news. What seabiscut and others on raging bull get wrong is the idea that neom is great with prs, and that's how they've kept the stock price up. In point of fact, in my experience with other otc stocks, neom is actually quite poor at putting out prs. They haven't put together a great pr attack since the old days of amazon etc, which drove the pps to .40. The pps so far has been upheld not by neom's prs, but by TS's newsletter and the word registry deal with SAIC.

Now monday, there will be a chance for neom to change this, to put out a really well written pr to keep the pps up. "100 million dollars of financing in place" will be a good start, followed by "acquisition of BSDS" and then "Launch of word registry" and an exact date.

That's my two cents.

best

Joe