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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (10952)	6/22/1999 9:04:00 PM
From: Vision21	Read Replies (1) \| Respond to of 52051

FFAX Going Internet. News out after the bell. EOM

To: Stock Watcher who wrote (10952)	6/22/1999 9:37:00 PM
From: flickerful	Read Replies (1) \| Respond to of 52051

CMNT news...this might account for the bloodletting. Computer Network Technology Files Registration Statement PR Newswire - June 17, 1999 09:16 MINNEAPOLIS, June 17 /PRNewswire/ -- Computer Network Technology Corporation (Nasdaq: CMNT) (CNT(R)) today announced that it filed a registration statement with the United States Securities and Exchange Commission relating to the offer and sale of up to 4,025,000 shares of common stock, including an option to the underwriters to acquire up to 525,000 shares of common stock in connection with any over-allotment of shares. The Company anticipates completing the offering, subject to market conditions, prior to September 30, 1999. The price and final number of shares offered will be based on market conditions at the time the offering is commenced. The managing underwriters of the offering are Bear, Stearns & Co., Inc., SG Cowen, BancBoston Robertson Stephens and Morgan Keegan & Co., Inc. When available, a written copy of the prospectus relating to the offering may be obtained from Bear, Stearns & Co., Inc., 245 Park Avenue, 9th Floor, New York, New York 10167. A registration statement relating to these securities has been filed but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state. About Computer Network Technology Computer Network Technology, based in Minneapolis, Minn., is a global company providing hardware and software products and services for the implementation of Storage Area Networking, Enterprise Application Integration and re-engineering solutions. Organizations worldwide choose CNT to build and run their business-critical networks and gain greater connectivity and access to information, without sacrificing performance, security, or integrity. The Company's products are sold worldwide through a direct sales force and a network of authorized distributors. For more information, visit CNT's web site at cnt.com or call 800-638-8324 (U.S.) or 612-797-6000 (International). SOURCE Computer Network Technology Corporation /CONTACT: Greg Barnum, VP of Finance of Computer Network Technology Corporation, 612-797-6110, greg_barnum@cnt.com/ /Web site: cnt.com (CMNT)

To: Stock Watcher who wrote (10952)	6/22/1999 10:18:00 PM
From: flickerful	Read Replies (1) \| Respond to of 52051

BDE sold off, as i expected... but frankly, i think this is a great story unfolding. their new acquisition, the Auction Channel speaks for itself. theauctionchannel.com

To: Stock Watcher who wrote (10952)	6/22/1999 10:26:00 PM
From: Selfmade$	Read Replies (1) \| Respond to of 52051

Stock Watcher, news are out on MXNT: biz.yahoo.com Company Press Release Maxnet - MXNT Announces Plan to Create Three Divisions FREEHOLD, N.J.--(BUSINESS WIRE)--June 22, 1999--Maxnet, Inc. (OTC BB:MXNT) New Jersey based MXNT announced today its plans to create three distinctive divisions for MXNT 2000. Michael Marsowicz, CIO for MXNT stated, ''The WebPhoneBook.com division would include a white and yellow pages along with web search and directories such as: MaxLawyer, MaxDentist, MaxTravel, ChiropractorSearch in addition to other MaxPlanet.com profit centers. Thereby, combining advertising (banners, buttons, videos and Emercials) listing services by zip codes, states, cities, and development of local and state MaxPlanet satellite sites to carry local advertising, local shopping centers as well as movie theatre and restaurant guides.'' Additionally, M. Marsowicz, CIO for MXNT stated, ''MXNT is also proud to announce that its second division MaxPlanet Radio has a 'new look' as of today on www.MaxPlanet.com.'' MPR - MaxPlanet Radio in conjunction with MXNT's joint venture partner Planet Entertainment (OTC BB:PNEC) created MaxPlanet Radio, Corp. (MPR, Corp.) is currently a fifty-percent (50%) owned subsidiary of Maxnet, Inc. - MXNT and a fifty-percent (50%) owned subsidiary of Planet Entertainment, Corp. - PNEC (the ''Parents'') The terms of the Joint Venture call for the parent companies of MaxPlanet Radio, Corp. to own and operate The MaxPlanet Radio Network, an audio/video content provider on the Internet for the listening and viewing of music, video, interactive CD ROM's, and computer software. Furthermore, MPR, Corp. plans to expand its growing MP3 and MP4 music database in order to provide its Users with the opportunity to download and listen to quality music products over the Internet. MaxPlanet Radio, Corp. plans to operate through 4 divisions, its Internet Radio/Jukebox Division, its Advertisement/Shows Division, its MP3 & MP4 downloads/ New Artists Division - and its CD Compilation Division. MPR, Corp. will be seeking its initial advertising revenues from Retail Stores and Record Labels (Major & Independent). MXNT's third division consists of the online auction www.MaximAuction.com which began operating in its Beta Test format on April 15,1999. MXNT is presently testing the integration of OpenSite software in order to prepare for the Official Launch of MaxPlanet.com's www.MaximAuction.com. Additionally, MXNT announced today through VP, I. Goldreich, ''That the Company's Registration Statements on Form 10SB are in the process of being completed so that the Company can apply to become fully reporting under the Securities Exchange Act of 1934, as amended. This is a necessary prelude to MXNT's growth plans for the next millennium.'' Maxnet, Inc. is an integrated Internet Development Company focused on creating and expanding strategic alliances for its comprehensive network of consumer and business-oriented web services with offices in New Jersey and Florida. The Company, Maxnet, Inc. - MXNT releases information over the public news wire services. Any information that is disseminated by other methods other than by Official Company Release is not from Maxnet, Inc. - MXNT. For further information on Maxnet, visit their websites: maxplanet.com maxplanet.com maxplanet.com mxnt.com maxplanet.com Maxnet, Inc., MXNT is currently changing its name to reflect its new diversified Internet marketing business. Certain of the statements included in this press release constitute forward-looking statements within the meaning of Section 27A of the Securities Exchange Act of 1934, as amended. The Company notes that a variety of factors could cause the Company's actual results and experience to differ materially from those expressed in these forward-looking statements. This release may contain forward-looking statements, made pursuant to the ''safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995, that involve risks and uncertainties, which might cause the actual results to differ materially from those projected in any forward-looking statements. Factors which could affect results include the development and introduction of competitive technologies, the market awareness and acceptance of the Maxnet technologies, the overall market demand for internet services, the presence of technologically inferior products and services which are priced or promoted to compete with Maxnet services, the ability to attract and retain technical personnel, and the ability of the Company to protect its proprietary information. -------------------------------------------------------------------------------- Contact: Planet Entertainment Corporation, Middletown, N.J. Wallace M. Giakas, Chairman, 732/530-8819 or Maxnet Inc., Freehold I. Goldreich, Vice President, 732/625-0770