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Technology Stocks : Take Two Interactive Software (TTWO: Nasdaq) taking off!
TTWO 255.65-0.3%9:30 AM EST

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To: Arizona997 who started this subject11/1/2000 9:11:05 AM
From: nigel bates   of 191
 
Nov. 1, 2000--Take-Two Interactive Software, Inc. (NASDAQ:TTWO - news), announced today that it has acquired an additional 1.33 million shares of eUniverse, Inc. (NASDAQ:EUNI - news) common stock from a previously affiliated shareholder of eUniverse. The Company now owns over 2.1 million shares of eUniverse, or approximately 11% of eUniverse's outstanding shares.
Ryan Brant, Chief Executive Officer, stated, ``We are extremely excited about the positive strides eUniverse has made in its operating business over the past twelve months. eUniverse has transitioned itself away from the online retailing marketplace toward what we feel is rapidly becoming a very economically successful advertising based model, particularly given eUniverse's consistent ranking by Media Metrix as one of the fifteen most visited properties on the Internet.''
The Company attained the right to nominate one member to eUniverse's Board of Directors.
eUniverse, Inc. (http://www.euniverse.com) is fast becoming the number one destination network on the Internet by focusing on diversion-oriented content and creating profitable relationships between its millions of loyal users and its advertisers and partners. With approximately 15 million unique monthly visitors, eUniverse is consistently ranked within the top 15 Internet properties according to Nielsen//NetRatings and Media Metrix. The eUniverse network includes: flowgo.com, a content newsletter engine, Case's Ladder (http://www.casesladder.com), Gamer's Alliance (http://www.gagames.com), BigNetwork (http://www.bignetwork.com) and Funone (http://www.funone.com) along with leading community site Just Say Wow (http://www.justsaywow.com).
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