Why has this news story failed to move the stock price? It looks like a fine business deal to me.
Cosmoz.com Chooses InfoSpace.com's Private Label Content
Solution; Award Winning Directories to be added to the Cosmoz.com
Portal
Business Wire - May 07, 1999 13:26
SAN RAMON, Calif.--(BUSINESS WIRE)--May 7, 1999--Cosmoz.com (OTC BB:CMOZ) today announced that
InfoSpace.com (Nasdaq:INSP), the leading infrastructure provider of private label solutions for content, community and
commerce, will provide the content infrastructure for the Cosmoz Portal, scheduled to launch on May 15.
Using InfoSpace.com's content solutions, visitors to the Cosmoz Portal will be able to quickly locate people and
businesses in the U.S. and internationally. Users can find maps and directions to any address, retrieve toll-free and fax
numbers, find email addresses and websites, check stock quotes, read news headlines and retrieve local information such
as weather reports and classifieds. InfoSpace.com's daily horoscopes and lottery results will also be available through the
Cosmoz Portal.
"We want to make sure people visiting the Cosmoz Portal will have access to all the information they need in one place,"
said Wilfred Shaw, CEO of Cosmoz.com. "By working with Infospace, we're doing just that."
marketwatch.newsalert.com
RTQ (3:07 EDT) $1 5/16, unchanged from yesterday's close. |
