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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Sandra who wrote (10647)	1/29/1999 8:49:00 PM
From: puborectalis	Read Replies (1) of 90042

Sandra..also look at ZD......big investment by Softbank the key,IMO.............................. Ziff-Davis Inc. Announces Filing of Registration Statement for Tracking Stock Offering NEW YORK, Dec. 22 /PRNewswire/ -- Ziff-Davis Inc. (NYSE: ZD - news) today announced the filing of a registration statement with the Securities and Exchange Commission for an initial public offering of a new series of common stock intended to track the performance of ZDNet, the Company's Internet business division. All of the shares will be issued by the Company and represent new financing. The Company intends to apply to list the new tracking stock on the New York Stock Exchange, where the Company's common stock is currently traded. ZDNet is a leading online provider of technology-related content to Internet users worldwide. ZDNet focuses on content, community and commerce, enabling users to research topics of interest, interact with other users, download software and evaluate and purchase a wide range of products and services at a single destination. Goldman, Sachs & Co. and Donaldson, Lufkin & Jenrette are the Joint Global Coordinators and Joint Book-Running Managers of the tracking stock offering. Hambrecht & Quist is a Co-Manager. Ziff-Davis Inc. is a leading integrated media and marketing company focused on computing and Internet-related technology, with principal platforms in print publishing, trade shows and conferences, online content, market research and education. The Company provides global technology companies with marketing strategies for reaching key decision-makers.

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