Surely you meant "... it does a Hari Kari Hikari ...". Sorry, bad humor, bad humor.
A bit of useful info passed on by friend QUOTE ipolockup.com This site tracks IPO lockup agreements. Lockup agreements prevent insiders from selling their shares in the company (usually for 6 months after the initial offering). When the lockup expires, shareholders are free to sell their holdings. Why the need to know? Stock prices typically fall as much as 15% in the days following the end of a lockup. IPOLockup.com categorizes the recently IPOd according to when lockup agreements will expire, and indicates how many shares are involved in each lockup. Very cool. UNQUOTE
And then, on the news front for Softbank ...
QUOTE Zero and Infinite, July 21, 2000 Daily News Source for SOFTBANK Venture Capital, SOFTBANK Capital Partners and SOFTBANK CORP. ------------------------------------------------------------ This free publication is only delivered on request. See subscription information at the end of the message to add or cancel your subscription. ------------------------------------------------------------
In today's issue:
SOFTBANK Venture Capital News
- *Preview Systems* Reports Second Quarter 2000 Results - *Macromedia* Reports Record Revenues for First Quarter Fiscal Year 2001 - *LAUNCH* Reports Record Revenues for Second Quarter - Robertson Stephens Reiterates Strong Buy Rating on *CPTH* - *FastParts.com* Named in Forbes.com's Top 200 Best of B2B Sites - *MessageMedia* Opens Chicago Sales Office
SOFTBANK Capital Partners News
- *BlueLight.com* Hits Three Million Subscribers
Other SOFTBANK News
- *InsWeb Corporation* Reports Second Quarter Results - *CompuBank* and electric.com Team Up
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SOFTBANK Venture Capital News
SOFTBANK Venture Capital manages venture capital funds focused primarily on early-stage Internet companies. SOFTBANK VC helps build the companies that are revolutionizing the Internet.
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Preview Systems Reports Second Quarter 2000 Results
*Preview Systems, Inc. (NASDAQ:PRVW - news),* a provider of solutions for the electronic distribution and licensing of digital goods through the Internet, announced results for the second quarter ended June 30, 2000. Preview Systems recorded second quarter revenues of $2.4 million, representing a gain of $1.6 million or a 217 percent increase over the corresponding quarter in 1999. Including acquisition related charges and stock-based compensation costs, the net loss for the quarter was $5.3 million, or $0.31 loss per share. This compares to a net loss of $3.9 million, or $1.42 loss per share, in the second quarter of 1999 and a net loss of $7.0 million, or $0.42 loss per share, in the sequential comparison to the first quarter of 2000.
Preview Systems: www.previewsystems.com
Press release: biz.yahoo.com
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Macromedia Reports Record Revenues for First Quarter Fiscal Year 2001
*Macromedia (Nasdaq: MACR - news)* announced revenue of $94.8 million for the first quarter ended June 30, 2000, an 85% increase over revenue of $51.2 million reported in the quarter ended June 30, 1999. Pro forma net income grew more than 300% year over year to $14.5 million, or $0.26 diluted earnings per share during the first quarter of fiscal 2001, compared to pro forma net income of $3.5 million, or $0.07 diluted earnings per share in the same period a year ago.
Macromedia: www.macromedia.com
Press release: biz.yahoo.com
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LAUNCH Reports Record Revenues for Second Quarter
*LAUNCH Media, Inc. (Nasdaq: LAUN - news)* announced financial results for the second quarter and six months ended June 30, 2000. Net revenues for the second quarter of 2000 increased 100% to $7.8 million, compared to pro forma net revenues of $3.9 million for the second quarter 1999. The EBITDA loss for the 2000 second quarter was $8.5 million, or $0.63 per share, compared to a pro forma EBITDA loss of $6.8 million, or $0.59 per share, for the same three month period in 1999.
LAUNCH Media: launch.com
Press release: biz.yahoo.com
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Robertson Stephens Reiterates Strong Buy Rating on CPTH
Robertson Stephens Managing Director and Senior eCommerce Services Analyst Rick Juarez today reiterated his Strong Buy rating on *Critical Path (Nasdaq: CPTH - news),* after the company reported strong second quarter results. Critical Path delivers turnkey, state-of-the-art, eMessaging and collaboration solutions to corporations, Internet service providers, Web hosting companies and Web portals.
Critical Path: cp.net
Press release: biz.yahoo.com
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FastParts.com Named in Forbes.com's Top 200 Best of B2B Sites
*FastParts.com,* a business-to-business (B2B), Internet-based trading exchange for the electronics industry, has been named to Forbes.com's list of 200 Best of The Web B2B sites, as featured in the July 17, 2000 issue. In selecting the companies, Forbes.com evaluated growth strategy, execution, and financial staying power.
FastParts.com: www.fastparts.com
Press release: biz.yahoo.com
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MessageMedia Opens Chicago Sales Office
*MessageMedia Inc. (NASDAQ:MESG),* a provider of strategic messaging solutions and services, announced that it has opened a sales and support office in Chicago. The office is located at: 200 S. Wacker Dr. Suite 800 Chicago, IL 60606 312/575-2400.
MessageMedia: www.messagemedia.com
Press release: news.excite.com
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SOFTBANK Capital Partners News
SOFTBANK Capital Partners is an Internet venture investment group sponsored by SOFTBANK CORP. SBCP focuses on significant late stage pre-IPO (mezzanine) and post IPO (PIPE) investments.
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BlueLight.com Hits Three Million Subscribers
*BlueLight.com(TM) (www.bluelight.com)* announced it has signed up the three-millionth registered user for its Totally Free Internet Service.
Press release: biz.yahoo.com
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Other SOFTBANK News
SOFTBANK CORP. is actively developing Internet business in Japan, the US, Europe and throughout the world.
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InsWeb Corporation Reports Second Quarter Results
*InsWeb Corp. (Nasdaq: INSW - news),* a provider of online insurance services, reported financial results for the second quarter ended June 30, 2000. Revenues for the second quarter of 2000 were $4.8 million. This compares to revenues of $5.1 million for the second quarter of 1999. InsWeb reported a net loss for the second quarter of $12.8 million, or $0.38 per share, excluding charges of $4.4 million for the discontinuation of Benelytics Inc. following the Company's strategic partnership with HealthInsurance.com, and approximately $4.4 million for restructuring. This compares to a net loss of $9.0 million, or $0.32 per pro forma share, for the second quarter of 1999. Including the charges, InsWeb's net loss was $21.6 million, or $0.62 per share.
InsWeb: www.insweb.com
Press release: biz.yahoo.com
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CompuBank and electric.com Team Up
electric.com, an online marketing component of Commonwealth Energy Corporation, has partnered with *CompuBank(r) (www.compubank.com)* an online bank, to offer a banking experience at www.electric.com. Through electric.com, Commonwealth Energy, a retailer of clean energy in deregulated markets, registers new electricity customers, sells energy-efficiency products, and promotes consumer rights of choice in the utility industries. This relationship allows customers to establish checking, savings and money market accounts, write checks, and access funds through automated teller machines (ATMs).
Press release: biz.yahoo.com
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Zero and Infinite is a free daily email update that summarizes recent press releases and other news on SOFTBANK and all of its portfolio companies, whether publicly traded or privately held. This newsletter will help you keep up with what's going on in the SOFTBANK family with a minimum of effort. The title "Zero And Infinite" comes from SOFTBANK founder Masayoshi Son's analysis of the two fundamental factors driving the business models of the Internet. The publication is not officially endorsed by SOFTBANK or any of its affiliated entities or portfolio companies and provides only publicly available information.
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