Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 235.64

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3:59 PM EST

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To: Stock Watcher who wrote (7350)	4/27/1999 9:56:00 PM
From: Frederick Langford	Read Replies (2) of 52051

TPEG Some very interesting re posted information: Don't know if this has been posted.....found it on the Backdoor IPO thread. TPEG starting to get quite a BUZZ. ...........8-) 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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