(COMTEX) A: Internet Stock News Announces Investment Opinion; Interne
A: Internet Stock News Announces Investment Opinion; Internet Stock News
Announces That Their Featured Companies are Up 147.3% Since Jan. 1, 1999
SAN DIEGO, Jun 4, 1999 (BUSINESS WIRE via COMTEX) -- Internet Stock
News (ISN), www.internetstocknews.com, one of the Web's leading Free
online publications and destinations for Internet Stock investors,
announced today that their "Ones to Watch in 1999" and other featured
Internet companies are up an average of 147.3% since Jan. 1, 1999.
The "Ones To Watch in 1999" and other featured Internet companies,
chosen by the editors of Internet Stock News, include At Home
(Nasdaq:ATHM), billserv.com, Circle Group Internet, CMGI, DoubleClick,
E-Trade (Nasdaq:EGRP), Excite (Nasdaq:XCIT), FreeRealTime.com
(OTCBB:FRTI), Internet Ventures Inc.,mPhase Technologies, SportsLine
USA (Nasdaq:SPLN), Starnet Communications, Topclick International
(OTCBB:TOCK), and TicketMaster/CitySearch Online (Nasdaq:TMCS).
Internet Stock News (www.internetstocknews.com) founder Chris Agarwal
stated, "We are very selective in the companies we feature and publish
news about. In the Internet sector, there are hundreds of prospective
companies coming to the trading market these days, and investors must
be careful in choosing their long-term investments...only a handful of
extremely talented, aggressive, and well-managed Internet companies
will remain, once the true impact of the Internet is realized. Our
featured companies continue to workhard to position themselves as
leaders in their specific Internet sectors."
Many of ISN's Featured Companies have announced important news within
the past few months.
billserv.com Inc. (OTCBB:BLLS), billserv.com, a leader in
Electronic Bill Payment and Presentment (EBPP) Internet sector,
recently announced an agreement with CyberCash (Nasdaq:CYCH) to enable
billserv.com to integrate CyberCash's Internet payment technology into
its EBPP solutions. In addition, billserv.com recently announced a
marketing alliance with NETdelivery Corporation in order to give its
customers additional options for the presentment of bills over the
Internet. billserv.com also recently unveiled its new Website
bills.com, the first Internet portal for electronic bill presentment
andpayment.
Circle Group Internet Inc. (CGI), circlegroupinternet.com,
(Anticipated IPO Summer '99) continues to develop their Funds-In
Program and Custom Corporate Web Browsers with a full multimedia
package for their clients. CGI anticipates completing its $30 million
stock offering and applying for a listing on the Nasdaq National Market
under the symbol CGRP bythe first week of June. In addition, the
company reported over $1 million in revenues in 1998 with profits up
over 650%.
CMGI (Nasdaq:CMGI), cmgi.com, a leading Internet operating
and investment company, recently announced several items of interest.
Recently, the company received a $200 million investment from Gateway
Computers (Nasdaq:GTWY). CMGI also formed a strategic alliance with
Gateway, where together, to two companies will work on interactive web
marketing solutions. In addition, CMGI also announced the completed
IPO's of Critical Path (Nasdaq:CPTH) and SilkNet (Nasdaq:SILK), two
companies it held significant positions in. Furthermore, CMGI is set to
undergo a 2:1 split, which it announced a few weeks back, effective May
27, 1999.
DoubleClick (Nasdaq:DCLK), (http://www.doubleclick.net), a leading
provider of comprehensive Internet advertising solutions, recently
announced partnerships and client relationships with About.com
(Nasdaq:BOUT), Ameritech (NYSE:AIT), and iVillage (Nasdaq:IVIL). In
addition, the company reported revenues of $31.1 million for the first
quarter of 1999, a 139 percent increase over revenues of $13.0 million
for the first quarter of 1998. Gross profits also increased 186% over
those of the first quarter of 1998.
Information-Highway.com Inc. (OTCBB:IHWY),
information-highway.com, a leader in the markets for
Internet Access and Web Portals, recently announced a partnership with
Level 3 Communications (Nasdaq:LVLT) in order to expand its Internet
Access Services in 20 U.S. Cities & States as well as an agreement with
InfoABC to debut its Executive Club portal
(http://www.theexecutive.com) in Mexico and Latin America in order to
compete with localized portals Infospace.com (Nasdaq:INSP) and Snap.com
(Nasdaq:CNET). In addition, the company also announced the launch of
free Internet-based long distance telephone calls for its Canadian
Executive Club Clients and plans to implement service in the U.S. &
Asia.
Internet Ventures Inc. (Not Yet Publicly Traded), ivn.net, a
leader in the market for high-speed Internet access continues to seek
an Underwriter for a possible Initial Public Stock Offering. The
company has made numerous headlines in the past months because of their
struggle for "leased access" to cable lines for the provision of
high-speed Internet access. The company recently reported fiscal 1998
results including the doubling of revenues to $2.8 million and
re-launched its PeRKInet(R) brand as a single-source portal of more
than 75 Internet-delivered television broadcast stations.
mPhase Technologies Inc. (OTCBB:XDSL), mphasetech.com, a
leader in the market for digital television, high-speed Internet
access, and phone service over existing conventional copper telephone
lines, recently announced an agreement with McKibben Communications to
help launch its Traverser(TM) Digital Video and Data Delivery System
(DVDDS). mPhase also chose First Media Group as their agency of record.
In addition, mPhase will display their Multi-channel/Multi-user
broadband Traverser technology, which provides simultaneously
accessible high-speed Internet access, digital television, and phone
service over an existing telephone line, at SuperComm '99 in Atlanta
between June 8th and 10th.
SoftTek Technologies Inc. (Not Yet Publicly Traded),
sftek.com, a leader in the market for Internet enhanced fax
services, recently closed their Direct Public Stock Offering and will
be seeking a public listing in the upcoming months. In addition,
SoftTek recently reported that they had experienced a doubling in their
WebFaxit.com (http://www.webfaxit.com) web-based fax traffic every
month for the past three months. SoftTek competes withcompanies such as
eFax.com (Nasdaq:EFAX) and FaxSav (Nasdaq:FAXX).
Starnet Communications (OTCBB:SNMM), starnet.ca, a leader in
the Online Gaming Internet sector, has signed multiple gaming software
licensing agreements through its subsidiaries including those with Just
For Fun Ventures, Umax Investments, Delta Internet Holdings, All
Seasons Entertainment, and Winning Ventures, Inc. Starnet
Communications recently signed a three-year consulting agreement with
Go Bet!, and has entered into negotiations with Casinopirata.com to
acquire another online casino.
TOPCLiCK International Inc. (OTCBB:TOCK), topclick.com, an
emerging leader in the Web Portal industry, recently announced traffic
growth of over 1200 percent for the first quarter of 1999 with close to
1 million pages viewed in the month of March of this year alone! The
company also reported thetop 50 sites by click-throughs, noting sites
such as Amazon.com (Nasdaq:AMZN), Ebay (Nasdaq:EBAY), and Charles
Schwab (NYSE:SCH). In addition, TOPCLiCK announced its phase one
e-commerce plans that will integrate name brand Internet retailers.
TOPCLiCK recently filed to become a reporting issuer as its first step
towards achieving a Nasdaq Small Cap listing.
For more information about these companies, please visit
internetstocknews.com or call 800/997-3323.
About Internet Stock News: Internet Stock News (ISN) is one of the most
well-known and widely read free Internet investment publications with
over 70,000 readers worldwide. ISN provides items such as Free Real
Time Quotes, Independent Analysis & Commentary about Internet Stocks,
and Access to Internet Initial Public Offerings at
internetstocknews.com. Internet Stock News is published by
IP Equity Inc., an Internet investment firm.
IP Equity Inc. has been compensated with cash, stock, and options of
Allou Health Care & Beauty Inc., billserv.com Inc., Circle Group
Internet Inc, Internet Ventures Inc., mPhase Technologies Inc., SoftTek
Technologies Inc., and Topclick International Inc. totaling less than
three hundred four thousand dollars at the time of engagement.
In addition IP Equity and its consultants, directors, and employees are
not believed to own more than twenty thousand shares of CMGI,
FreeRealtime.com, Starnet, & DoubleClick. Most information in our media
is derived from the subject companies, without independent verification
by IP Equity as to accuracy and completeness. Please visit
internetstocknews.com for additional information about
Internet Stock News.
The new InternetStockNews.com financial Web site will be unveiled in
June and will include features such as FREE real time stock quotes,
message boards, charts, analyst research, company profiles, and Online
Internet Stock Offerings.
Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: IP Equity, Internet Investments
For Interview Scheduling and Venture Investments:
Dan Mutters, 800/997-3323
info@ipequity.com
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