iBeam Broadcasting Corporation - IBEM Message Board

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Technology Stocks : iBeam Broadcasting Corporation - IBEM

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To: Capitalizer who wrote (59)	7/25/2000 6:45:30 PM
From: Walter Morton	of 148

IBEM's latest planned acquisition to bring in millions in revenue: NEXTVENUE, Inc. filed this S-1 on 05/09/2000: Revenue for three months ended March 31, 2000 = $2.6 Million. That's up from $394,000 in the same quarter last year and up by $1 million compared to the quarter ended 12/31/1999. Net Loss was significantly less than what IBEM is currently generating per quarter. NextVenture's net loss was less than total revenue as of March 31, 2000. As of March 31, 2000 NetVenture had $28 million in cash. NextVenture does however have about 7 million shares of convertable preferred stock issued. This information is unaudited.

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