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To: Henry Niman who wrote (22761)6/17/1999 7:21:00 AM
From: astyanax  Read Replies (2) | Respond to of 41369
 
"CBS.com" Chairman says they don't need Net companies. I don't know if this has already been posted, but there's a Bloomberg article talking about how Mel Karamzin (the guy whom James Cramer of TheStreet said didn't "get" the Internet at one time) has suddenly become more enthusiastic than just Marketwatch and Sportsline and may spin off their Net assets. I found it interesting that he says Net companies like AOL need him but not vice versa.

I would include the URL but it is six lines long (really):
[EXCERPT]
Karmazin squelched recent speculation that CBS will combine with America
Online Inc., the largest Internet access server.

''It's no secret that any Internet company would like to have access to our
content and our reach as a (broadcast) network,'' Karmazin said. ''Lots of
the largest Internet companies obviously would be interested, because we
have the ability to brand and brand quickly ... but we don't necessarily need
their reach.''
[END]

On a related note, CBS just gobbled up a stake in Third Age. Initially I thought the headline said "Third Voice", which scared the bejesus out of me. Third Voice is one of the most revolutionary products I've seen in my lifetime (too bad I'm not a VC who's gonna get rich investing in it) - CBS would only get in the way. But the 3rd Age/CBS combo is a great deal for both parties.
===
- Netconductor.com Internet Fund Fan Club



To: Henry Niman who wrote (22761)6/17/1999 11:31:00 AM
From: Joe S Pack  Respond to of 41369
 
Yet another SPAM for the day.
What is the use of Synopsis ?
Why not post that stuff here rather hiding the SPAM in a clever way?

-Nat
>>>>

Today's WSJ Heard on the Street column focuses on Internet target prices and
AOL, AMZN, EGRP, DCLK, EBAY, T, GE are mentioned, along with several
Internet analysts such as Merril Lynch's Henry Blodget, DLJ's Jamie Kiggen, and
Lehman Brothers Brian Oakes. A synopsis of the article is linked to the WSJ/DJ
Synopsi table a

>>>>