TPEG, TPEGP, TPEGW :
To: +InternetStockMan2000 (1383 )
From: +topdown Saturday, Apr 24 1999 5:07PM ET
Reply # of 1385
Anyone read this post from the Yahoo thread? It has my attention. What do you think?
This post is to inform you, of an emerging INTERNET IPO INCUBATOR similar to CMGI and
WCAP. The Due Diligence on TPEG has been completed and all the information contained herein may
be verified by calling the contact list at the bottom.
TPEG has recently purchased 500,000 shares of the newly formed internet company MCY
mcy.com MCY.COM represents the future in SECURE ONLINE DIGITAL MUSIC
DISTRIBUTION and has attracted the 5 major record labels- EMI, BMG, Sony Music, Universal
Music, and Warner Music mp3.com . In the coming weeks, GOLDMAN
SACHS CO. will underwrite the MCY.COM IPO to the tune of approximately $350 Million. TPEG's
equity stake in MCY.COM(500,000 shares) represents 5% of the company. MCY.COM is a
member of the Secure Digital Music Initiative(SDMI) and will provide the specification for digital music
security.
TPEG has purchased a 27% equity stake in Flowersandgifts.com. Phase II of the F&G website will be
unveiled on May 1. It will showcase the F&G proprietary search engine technology. Three
underwriters have been selected for the Flowersandgifts IPO including Joseph Stevens. The F&G IPO
will consist of 2 million shares priced between $12-15 per share. The IPO will be filed within the next 2
weeks to coincide with the PC FLOWERS IPO.
TPEG has also purchased a 9% equity stake in Pacific Softworks pacificsw.com . Pacific
filed for its IPO on 26 March. Of the 800,000 shares available in the IPO, Hitachi Corporation is
interested in purchasing 700,000.
TPEG has also acquired an ISP located in Santa Clara, CA to showcase its involvement with
Time-Shifted Television(The Emergence of Video Servers in the Living Room).
Contacts:
MCY Music Jim Burger: 212-620-3999
Strategic Capital Consultants: 323-936-2855
Goldman Sachs: (212) 902-1000
Pacific Softworks CEO Glenn Russell: 800-541-9508
Flowersandgifts CEO Don Rosacker: 800-775-8530
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