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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: WallStreetTips who wrote (10406)7/28/1999 12:04:00 PM
From: WhipsawMcGraw  Read Replies (1) | Respond to of 28311
 
Wednesday July 28, 11:20 am Eastern Time

Company Press Release

SOURCE: Deerbrook Publishing Group

Deerbrook E-Commerce Unit Signs Exclusive Deal With Go2Net; Artup.com to Reach Over One-Million Go2Net Users Per Month

Artup.com Acquires Exclusive Rights to Keyword 'Art'

SCOTTSDALE, Ariz., July 28 /PRNewswire/ -- Deerbrook Publishing Group (OTC Bulletin Board: DBPG - news) has announced that it has signed an exclusive deal with Go2Net's (Nasdaq: GNET - news) search engine properties. The deal includes premium placement throughout art related areas of the Go2Net's Metacrawler search engine. Artup.com and Go2Net also reached an agreement wherein Artup.com will be the exclusive art related site to advertise under the key word ''Art.''

''This agreement will allow artup.com to reach over a million Go2Net users per month, including every single user searching for information on art and art related subjects,'' said Keith Chesser, President and CEO of Deerbrook Publishing Group.

Earlier last week, Deerbrook also announced a long term marketing pact with Lycos, Inc. for its Internet Division artup.com. Artup.com will be featured throughout the Lycos Arts and Entertainment Channel, Shopping Channel, and Search Engine areas of the Lycos Site. The acquisitions will complement the artup.com Networks with inventory and larger distribution channels.

''These agreements are much more important then the typical banner advertisement buy. We are going to integrate our content and commerce properties directly into the search engines where it counts. When users look for something related to art we want them to see artup.com,'' said Keith Chesser.

For the first time sellers will have the opportunity to display their artwork in virtual galleries and be seen by potential buyers and collectors worldwide. The artists, galleries, dealers and wholesalers who register now will participate in the launch of the site and benefit from the introductory marketing that goes with it.

The vision for artup.com is an art community that puts art within the reach of everyone. To accomplish this, artup.com is creating a site that captures the thrill of the art auction, and the magic of the gallery, all in an approachable Internet storefront.

Artup.com will function as a reseller for the artists, galleries and individuals that display artwork on the site. Through the Internet's worldwide distribution capabilities, artup.com has the potential to bring together more buyers and sellers of art objects than ever before. This presents an excellent opportunity for cross marketing programs with strategic partners, and artup.com is seeking out companies offering complimentary products and services.

The parent of artup.com, Deerbrook Publishing, is a highly regarded publisher of quality limited edition prints. The company's established relationships within the art community would assist artup.com as it works to launch the site this summer and establish itself as a brand. Deerbrook Publishing, Inc. was incorporated in Colorado in March of 1997. The company's three subsidiaries are Signature Edition, Inc., an art publishing division, Cimarron Studio, Inc., a printing division, and Deerbrook Online, the art auction and retail division formerly known as Enterarts/Interarts, Inc.

This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by those sections. These forward-looking statements include statements related to potential mergers and the effect of those mergers on the prospects of the company.

Actual results may differ materially due to a number of risks, including the uncertainty of completion of the contemplated transactions. This press release provides general information and should not be construed as an offer to sell securities. The material contained herein has been obtained from sources believed to be reliable, but is not complete and its accuracy cannot be guaranteed. This report is for informational purposes only and should not be construed as advice or meet the investment needs of any particular investor or designed to be the basis of any investment decisions.

For further information, contact Investor Relations, 602-437-8888, Fax: 602-437-2845 or email ir@artup.com.

Deerbrook Publishing and artup.com are trademarks of Deerbrook Publishing, Inc. Some of the product names mentioned herein are for identification purposes and may be trademarks or registered trademarks of their respective companies.

SOURCE: Deerbrook Publishing Group



To: WallStreetTips who wrote (10406)7/28/1999 8:16:00 PM
From: yzfool  Read Replies (1) | Respond to of 28311
 
How to break through 99 1/2: #1. Convert margin positions to cash if able (create fewer shares that can be shorted, and strengthen holding ability during market fluctuations) #2.Realize that there is new support for GNET in view of the Charter IPO (why would anyone sell at this point? excluding market conditions). #3 Buy on dips, add to positions reducing cost basis. #4. Insider buying; a show of confidence if timed well can have more impact than any PR move. I am assuming that short interest in GNET has grown this week based on market sentiment and this recent rec. from option investor.:



NEW PUT Play, 07/27/99

GNET - Go2Net,Inc. $65.00 +2.38 (-5.69)

Because we are online investors, chances are most of us have had the opportunity to use the services of
Go2Net. This company provides us with Web sites, search engines, and software for finance and the
investment community. Their focus is to be able to allow their customers access to vast amounts of
resources by linking together the virtual community. Products such as Siliconinvestor.com, Metacrawler,
stocksite.com, and playsite.com are but a few of the sites this company offers.

GNET has been the unfortunate recipient of the markets attack on the Internet sector. The stock
weakened with a break below the 10 dma on 7/16. Since then it has continued to drop below it's 50dma
and 100 dma, a significant resistance level at $67.00. Like a balloon losing helium against the ceiling, we
think the stock will continue fall to lower levels due to market conditions and overvaluation. The technical
indicators are showing us that this may be a good entry point to enjoy this balloons ride to the floor.

Despite GNET's positive report of .07/share earnings on 7/21, and increased traffic to it's sites, the stock
was unable to maintain any upward momentum. The company's CEO expressed some dismay at Wall
Street's outlook; however, it appears to be a sector issue, and not so much a personal one. AT&T also
announced they are lowering their ISP rates, which is causing the whole Internet sector to be affected
adversely. With all indicators pointing toward a continued correction, we feel this is a good point to play
the downside on GNET. Keeping the resistant levels in mind, pick your entry, and confirm market
direction before jumping in.

Today, the announcement of the Charter IPO, HSAC's definitive signed 5 year contract with RoadRunner, and Broadband PR from GNET have started some momentum which the above put play does not consider. If it follows through, this monmentum may be fueled by shorts covering and sidelined investors entering. Yzfool