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To: Michael Olds who wrote (9768)	7/1/1999 4:54:00 PM
From: Michael Olds	Read Replies (1) \| Respond to of 17679

Here's a strange fact: the average closing price for June was 4.000022727 Almost exactly 4.

To: Michael Olds who wrote (9768)	7/1/1999 4:56:00 PM
From: Michael Olds	Respond to of 17679

From:CUBEs John Rieman Thursday, Jul 1 1999 4:45PM ET Reply # of 42551 Goodbye Mr. Zip. Iomega goes CD-R/RW....................... emediapro.net Industry News Iomega Goes Optical with ZipCD Drive and Discs June 30, 1999 Copyright © Online Inc. Iomega Corporation, manufacturer of Zip, Jaz, and Ditto drives and media, has entered the optical storage market with its first CD-RW drive, ZipCD. The internal ATAPI 4X4X24 drive will be bundled with Adaptec's DircectCD and CD Creator, as well as Avery Media labeling software, Iomega QuickSynch backup software, and Adobe Photoshop. Iomega's line of optical products will also include CD-RW and CD-R discs. ZipCD CD-RW Premium discs will be available in packs of three at an estimated price of $19.99; ZipCD Combo discs are expected to be packaged as one pre-formatted and two unformatted discs at a suggested retail price of $12.99. Pricing for the drives has not yet been announced. (Iomega Corporation, 1821 West Iomega Way, Roy, UT 84067; 800/697-8833, 435/778-1000; Fax 435/778-4117; iomega.com)

To: Michael Olds who wrote (9768)	7/1/1999 5:05:00 PM
From: Michael Olds	Read Replies (1) \| Respond to of 17679

Rupert's looking for the net From: CUBEs John Rieman Thursday, Jul 1 1999 5:00PM ET Reply # of 42552 ............................... techserver.com. Murdoch sees Internet looming largely in News Corp.'s future Copyright © 1999 Nando Media Copyright © 1999 Agence France-Press LONDON (July 1, 1999 1:49 p.m. EDT nandotimes.com) - Media giant Rupert Murdoch on Thursday predicted his burgeoning News Corp media empire, which owns a string of newspapers and television companies across the globe, would in the future reap most of its business from the Internet. "Eventually we will get to the point where internet related activity will account for the majority of our value, no doubt about it," Murdoch said at the launch of his latest Internet venture. The News Corp empire straddles the world and embraces numerous print and broadcast businesses, inluding the Fox film and television network in the United States, Star TV in Asia and British Sky Broadcasting (BSkyB) here. Murdoch newspaper titles include the New York Post, the best selling British paper, The Sun, and The Times and Sunday Times broadsheets. "Every part of our company is in the business of transforming itself to this new technology that's changing the world," said Murdoch. The Australian-born media magnate said that "digitalization of content is the most important event since the telephone." He has placed his son Mark at the helm of his Internet business. Murdoch's newest Internet venture, epartners, on Thursday unveiled a tie-up with the Japanese investment house Softbank to spread their electronic commerce across Britain, Australia, New Zealand and India. The companies said in a statement they would jointly fund an investment of $50 million (48.5 million euros) to create a joint venture, named eVentures. The company said its opening gambit would be an investment of $22.5 million to bring the biggest online home loan provider in the United States to Britain. The investment will set up a British affiliate of E-Loan Inc. There was "no doubt that we will announce other ventures in the next few months," said Murdoch. He sought to qualify remarks made earlier this year when he said the Internet will "destroy more businesses" than it creates, and that he was "skeptical" about internet company valuations. Murdoch said his comments referred to the potential destruction of existing "business models" rather than a destruction of value for those who invest in the Internet