Freshly Minted – March 2, 2000

Marine Money Launches Dotcom OnLine Newsletter

“Ocean shipping is the biggest real-time data streaming network in the world. New means for circulating and managing data are hitting the industry like a 30 foot wave.” Wired Magazine, October 1999. Marine Money’s Online news service will be the most significant news resource dedicated to e-business and internet technology for the $2.5 trillion a year global transportation industry. E-mail us now to receive the inaugural issue this coming Tuesday. For more information info@marinemoney.com

TRANSPORT INTERNET WORLD

The internet field is awash with good, bad and ugly ideas and Industry Standard magazine separates the wheat from the chaff. Transport Internet World (www.transportinternetworld.com) an exhibition set for June 21-23 on Pier 92 at the Passenger Ship Terminal on the Hudson River, has already become the transportation industry’s standard and will provide a forum for sifting gold from the sand of transport -related e-solutions. The show is being partly financed by Ionian Ventures, Claire Milonas’ internet VC business, and organized by International Marketing Strategies. Wired Magazine calls ocean shipping “the biggest real -time datastreaming network in the world.” Evolve or face extinction.

HIGH YIELD

Wall Street Term of the Week: “Drink the Kool Aid” The Wall Street term “Drink the Kool Aid” refers to an investor who believes the “story” that a company is telling about its prospects. The origin of the term is the tragedy in which religious zealot Jim Jones asked his devoted followers to drink Kool Aid that was tainted with poison. Most of them did and died. Nevertheless, Drinking the Kool Aid is not necessarily a bad thing. When using this term in public, be careful not to confuse it with the “Electric Kool Aid Acid Test” which is a novel written by Tom Wolfe.

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