Excite [XCIT], an exciting stock to own in 1999! Message Board

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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: TLindt who wrote (401)	10/14/1997 5:04:00 PM
From: Ted Resnick	of 3183

Excite Japan, Co., Ltd -- Joint venture with Itochu... quote.excite.com Monday, October 13, 1997 10:13 PM > TOKYO -- Accelerating its international expansion, Excite, Inc. (Nasdaq:XCIT) and Itochu Corporation today announced the formation of a new joint venture, Excite Japan, Co., Ltd. Itochu, the fourth largest company in the world as measured by sales, and Excite will build localized Excite services (http://www.excite.co.jp) and establish a high-profile marketing and sales presence in the Japanese marketplace. . <SNIP> It seems that it is difficult to break into the Japanese market without a local partner (i.e. Yahoo & Softbank.) I consider this very good news! Ted

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