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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: IceShark who wrote (13678)12/22/1998 5:18:00 PM
From: MythMan  Read Replies (1) of 86076
 
a new one for you to f around with.....

>>NEW YORK (CNNfn) - Seeking to capitalize on the growing popularity of Internet stocks, Ziff-Davis Inc. announced plans Tuesday to take its Internet news division, ZDNet, public.
<Picture>In a statement, the company said it plans to offer a new series of common stock intended to track the performance of ZDNet. All of the shares will be issued by the company and represent new financing.
<Picture>The company intends to apply to list the new stock on the New York Stock Exchange, where Ziff-Davis (ZD) common stock is traded.
<Picture>ZDNet provides technology-related content to Internet users worldwide.
Goldman, Sachs & Co.; Donaldson, Lufkin & Jenrette; and Hambrecht & Quist are all involved in managing the deal.<<
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