moved 20% recently expect them to announce float /sale of pricerunner soon can see 15p going to top up plenty of buyers today so far something def brewing..

Firebox another of NewMedia Sparks holding to be featured in the BBC'S Money Programme on Tuesday 4th Februarty >>> http://news.bbc.co.uk/1/hi/business/3444053.stm

A snippet from the article >>

Student digs

Firebox.com, which sells a variety of electronic goods and toys, was established by two lads straight out of university with 1,000 borrowed from their parents.

Firebox now operates from south London, and has a large warehouse and a call centre.

The business makes annual profits of about 500,000 and is worth about 10m.

Co-founder Michael Smith admits that that makes him a millionaire, on paper at least.

But he says he still travels to work by bus, and he still shares a house with his co-founder Tom Boardman, just as they did at university.

i am new to watching this stock....has anyone got a roungh idea of the pricerunner/firebox expected mkt cap and what percentage NMS owns?

thx

proptrade, you should find the info you need at the following link, Pricerunner is approx 40% NMS and Firebox.com is approx 29% NMS, if you click on on the company logo in the alphabetical list you will get the relevany holding, unfortuantly the site is not up todate, but it may be of some assistance.

http://www.newmediaspark.co.uk/frameset.asp?url=%2Fportfolio%2Fmain%2Easp&navId=2

http://www.newmediaspark.co.uk/frameset.asp?url=%2Fportfolio%2Fmain%2Easp&navId=2

Hi, I am new to the BB but spotted this article on NMS in the Independent on 23rd Jan 2004 which may be of interest .... haven't got the full article but jist of it is as follows;

Collins Stewart takeover talk sets NewMedia Spark alight
By Michael Jivkov

23 January 2004

Word has it NewMedia Spark is again being stalked by Collins Stewart and this time market professionals reckon the stockbroker is determined to win control of the internet incubator. The talk sent NewMedia 0.5p higher to 10p yesterday as traders rushed to buy into the stock in the hope of making a quick buck from a bid for the group.

Cheers

very interesting info. thx swizz and Batavia.

NMS is one of those stocks that is so diffucult to value because their assets prices are either outdated, under review or simply wrong. I am a huge believer in DYOR but on this one I feel that if there are traders with an indepth knowledge of this stock or have just followed it for a while then that experience counts for a hell of a lot.

cheers and any other views would be appreciated.

I hold this stock and still making losses--I am thinking of adding so I too would like some info from those that follow the news from NMS

suggest you pick up copy of their accounts which gives updated views
on their investments basically all but written down and 90% of the value is in cash