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Technology Stocks : MindSpring Enterprises (MSPG) Another ISP.

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To: Oeconomicus who wrote (232)5/8/1998 5:52:00 PM
From: Tech Master  Read Replies (1) of 1434
 
Friday May 8, 4:02 pm Eastern Time

Company Press Release

MindSpring Announces Amendment to Registration Statement for Public Offering of Common Stock

ATLANTA--(BUSINESS WIRE)--May 8, 1998--MindSpring Enterprises, Inc. (Nasdaq: MSPG - news) announced that it has filed with the Securities and Exchange Commission an amendment to its Registration Statement, initially filed on May 1, 1998. As amended, the Registration Statement covers the public offering of 1,000,000 shares of the Company's common stock, all of which will be new shares issued by the Company. The offering is being managed by Donaldson, Lufkin & Jenrette Securities Corporation, J.C. Bradford & Co., Furman Selz and Wheat First Union, and currently is expected to be completed in June.

MindSpring is a leading Internet service provider focused on delivering outstanding service and support to its customers. MindSpring's dial-up subscribers can browse the World Wide Web, send electronic mail, participate in informative online chats and access over 20,000 newsgroups. MindSpring offers local Internet service in more than 360 locations throughout the United States. MindSpring is also a leading provider of Web Hosting services and domain registrations.

The Registration Statement relating to the securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the Registration Statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

When available, a prospectus relating to these securities may be obtained from Donaldson, Lufkin & Jenrette Securities Corporation, 277 Park Avenue, New York, New York 10172, at (212) 892-4525.
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