Cyberian Outpost (Symbol: COOL) Message Board

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Technology Stocks : Cyberian Outpost (Symbol: COOL)

COOL 0.103

+10.6%

Sep 5 5:00 PM EST

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To: max power who wrote (1625)	7/15/1999 5:26:00 PM
From: KS	of 1932

Dow Jones News Service via DowVision 15 Jul 13:17 NEW YORK (Dow Jones)--Cyberian Outpost Inc. (COOL) shares rose 17.4% Thursday amid a flurry of market speculation sparked by recent Web takeovers. Shares of the online computer and software retailer recently were up 2 1/16 to 13 15/16. More than 3 million shares of Cyberian Outpost traded hands Thursday morning - more than six times normal daily trading volume. Keith Menzel, an analyst for John G. Kinnard & Co., attributed the rise to merger buzz generated by the rash of Internet mergers and buyouts announced in recent days, especially the $400 million merger between online computer retail rivals Onsale Inc. (ONSL) and Egghead.com Inc. (EGGS). "I think you have some excitement about those recent deals," Menzel said. Some Wall Street traders attributed the rise in Cyberian's share price to speculation that it may be a takeover target. The same conjecture has made its way onto Internet message boards. Cyberian shares also were being heavily discussed on chat rooms catering to day traders, speculative investors who trade shares of a stock over the course of a day to take advantage of subtle price changes. A spokesman for Cyberian Outpost declined to comment on either the move in stock price or the online takeover chatter, citing a company policy against responding to market speculation. -Johanna Bennett; 201-938-5670 (END) DOW JONES NEWS 07-15-99 01:17 PM

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