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To: steve harmon - analyst who wrote (3388)	12/20/1999 3:46:00 PM
From: Wolff	of 4337

www.thesteet.com covers Stamps.com story as well thestreet.com Shares of Stamps.com (STMP:Nasdaq - news) were off 5 7/8, or 9%, at 59 5/8. Little has been made of last week's announcement, posted on the company's Web site, that three of its co-founders were leaving to pursue a new venture. Jim McDermott, Jeff Green and Ari Engelberg will leave the company at the end of the year, though they will remain as consultants to Stamps.com "for an indefinite period of time," according to the announcement. Stamps.com offers purchasing and printing of postage over the Internet. The stock is off about 20% since the release was posted Dec. 14. Unlike corporate press releases that appear on the newswires touting new partnerships, this press release didn't appear on those wires. Instead it was tucked into the press-release section of the Web site. Also, Stamps.com has 2.1 million shares coming off lockup Dec. 22 and another 6.8 million in February.

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