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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (8678)	6/17/1999 3:06:00 PM
From: Koda Ridge	Respond to of 108040

BPOT News just out--This sounds interesting. BB stock buying a financial web site. Eric (COMTEX) B: Bridgeport Communications Signs Definitive Agreement to A B: Bridgeport Communications Signs Definitive Agreement to Acquire WealthHound.com MIAMI, Jun 17, 1999 (BUSINESS WIRE via COMTEX) -- Bridgeport Communications Inc. (OTC BB:BPOT) announced Thursday that it has executed a definitive stock purchase agreement to acquire 100% ownership of WealthHound.com Inc. On May 24, 1999, Bridgeport Communications Inc. (OTC BB:BPOT) announced that it had entered into a Letter of Intent to acquire 100% of the issued and outstanding shares of the company. Due to expedited due diligence by both companies, the closing is now scheduled for June 25, 1999. The original closing was scheduled for June 30, 1999. WealthHound.com intends to be the complete Internet solution to personal finance and wealth building. The current beta-version of the site allows users access to proprietary search technology to locate information on companies, financial products, services and market data. WealthHound's research center provides consolidated access to many of the best information resources online. Future products will include stock quotes, charts, news, discussion on stocks, funds, and indices similar to Silicon Investor and CMGI Inc.'s (Nasdaq:CMGI) "Raging Bull." What will distinguish WealthHound.com from Yahoo (Finance) (Nasdaq:YHOO), Microsoft Investor (Nasdaq:MSFT) and GoProfit.com (Nasdaq:DDEQ) will be a partnership program, already underway, that will allow ventures in online trading, banking, home mortgages, and life insurance. These are similar services that are offered by E-Trade Group Inc. (Nasdaq:EGRP), Telebank Financial (Nasdaq:TBFC), and Netbank (Nasdaq:NTBK). WealthHound.com Inc.'s web site is located at wealthhound.com. This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. Copyright (C) 1999 Business Wire. All rights reserved. -0- CONTACT: Consultant to Bridgeport Communications Inc., Miami Michael D. Farkas, 305/539-0900 WEB PAGE: businesswire.com GEOGRAPHY: FLORIDA INDUSTRY CODE: BANKING COMED COMPUTERS/ELECTRONICS INTERACTIVE/MULTIMEDIA/INTERNET MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. * end of story *