From Yahoo DBCC Thread. Dow Jones News Article 12-07-98 03:56 PM
=IPO Spotlight: MarketWatch.com Inc. To Offer 2.75M Shares
Dow Jones News Service via Dow Jones
Issuer: MarketWatch.com
Description: Leading Web-based provider of
comprehensive, real-time business
news, financial programming, and
analytic tools. Company's
CBS.MarketWatch.com Web site also
offers several tiers of paid
subscription products, personal
finance commentary and data,
community features, and other
services designed to provide a
"one-stop-shop" for financial
information. Company has important
strategic relationships with
principal stockholders Data
Broadcasting Corp. or DBC, and CBS
Broadcasting Inc., or CBS.
Location: San Francisco, Calif.
Offering: 2.75 million shares
Shares Outstanding
After Offering: 11,750,000 shares
Price talk: $10-$12 a share
Market Cap: N/A
Underwriters: BT Alex Brown, Donaldson Lufkin &
Jenrette, Salomon Smith Barney,
FAC/Equities
Proceeds: Repayment of debt and general
corporate purposes, including
working capital.
Proposed Symbol: MKTW
Dividend: Company doesn't anticipate paying
cash dividends on capital stock in
the foreseeable future.
---Earnings---
Three months ended:
Sept. 30 1998 June 30 1998
Revenue $1,799,000 $1,519,000
Net income 2,544,000 1,587,000
Avg shares 9,000,000 9,000,000
Shr earns
Net income (0.28) (0.18)
(MORE) DOW JONES NEWS 12-07-98
03:56 PM
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:TICKER: CBS DBCC
:SUBJECT: BCST SOFT IPOS SPRC NY STK ENTE
Copyright (c) 1998 Dow Jones and Company, Inc.
Received by NewsEDGE/LAN: 12/7/98 4:32 PM
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