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Technology Stocks : CNET: The Computer Network (NASDAQ:CNET) -- Ignore unavailable to you. Want to Upgrade?

To: stock4U who wrote (952)	7/4/1999 1:13:00 PM
From: Jenne	Read Replies (1) \| Respond to of 1133

"I was the one who two years ago said, 'Bye-bye, AOL,' " said Halsey Minor, the chairman of Cnet, a technology news and shoping Web site that just decided to pay $14.5 million to America Online for promotion on its computing channel. "What they have done is extraordinary. They have created a great business."

To: stock4U who wrote (952)	7/5/1999 2:06:00 PM
From: HeatherN	Read Replies (1) \| Respond to of 1133

Although I currently not holding any CNET, (stopped out right after the news hit for a small profit), I have no doubts about the long term prospects for this company and am looking for a good entry point in the next week. A short term loss for a long term gain is a prudent move. The internet is still in its' very "pliable" stage. CNET has established itself among the computer/interent literate but from the numbers listed several posts ago, they have little market penetration in main stream America. This represents a tremendous opportunity to use the cash they have wisely. They, in turn, since last reporting have increased their ad rates. Hopefully, this will bring more to the bottom line, thus depleting the cash reserves less for the upcoming ad campaign. HeatherN