Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The OTCBB Garbage Dump -- Ignore unavailable to you. Want to Upgrade?

To: kbert who wrote (959)	8/12/1999 10:48:00 AM
From: Craig K	Read Replies (1) \| Respond to of 2942

Can anyone read.....?????..... (BSNS WIRE) Wowstores.com Enters Into Agreement to Acquire Stockfirst.co Wowstores.com Enters Into Agreement to Acquire Stockfirst.com Business Editors/Technology Writers BOCA RATON, Fla.--(BUSINESS WIRE)--Aug. 12, 1999--Wowstores.com Inc. (OTC BB:WOWS) announced Thursday it has entered into a definitive agreement to acquire Stockfirst.com Inc. ("Stockfirst.com"). Stockfirst.com, located at stockfirst.com, is the publisher of Stockfirst.com, a leading Internet-based provider of insightful investor financial content including Free Real Time Quotes, Charts, Investment Newsletters and Fundamental Economic and Stock Specific Data. Stockfirst.com is listed among the Top 50 Financial Sites by The Public Registrar's Annual Report Service (PRARS) - prars.com - and is listed as 71st amongst the 100 hot finance sites listed on CBS MarketWatch.com - the Web's Most Popular Finance Sites - 100hot.com. Stockfirst.com competes with TheStreet.com (Nasdaq:TSCM), and CBS MarketWatch.com (Nasdaq:MKTW). Management stated: "Together, Wowstores and Stockfirst.com will be a winning team. Stockfirst.com has over 53,000 subscribers and averages 3,500,000 page views per month with 250,000 unique visitors and 61,000 recurring users. We feel they present a formidable competitor to TheStreet.com's 51,000 subscribers and 970,000 visitors who viewed 14 million pages as of the end of March 1999." Management also took into consideration the fact that in June of this year, Telescan (Nasdaq:TSCN) acquired INVESTools whose website receives over 300,000 unique visitors per month and has 13,000 current subscribers for 2.3 million shares of Telescan or $53 million worth of stock. Additionally, CBS MarketWatch.com acquired BigCharts.com for $166 million in cash and stock. It is management's belief that the acquisition of Stockfirst.com could significantly enhance shareholder value. Stockfirst.com provides Wowstores with a huge cross-marketing partner relationship. Furthermore, with many of the top 100 financial websites already being acquired, management felt that the Stockfirst.com acquisition could play a strategic role in our corporate growth. Stockfirst.com Inc. located at stockfirst.com, is the publisher of Stockfirst.com a leading Internet based provider of investor financial content available for investment decisions, including Free Real Time Quotes, Charts, Investment Newsletters, and Fundamental Economic and Stock Specific Data. Wowstores.com, located at wowstores.com, is a commission-driven Internet shopping directory. This site provides customers with access to merchandise and services 24 hours a day. The company earns a commission on items purchased via Wowstores links to the affiliate or sponsor sites. Forward-looking statements in this release are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain risks and uncertainties and actual results could differ from those discussed. This material was prepared and disseminated by The Hawke Group Inc. ("Hawke") for the company discussed herein, based upon company supplied information or other sources believed to be reliable. The information is not guaranteed by Hawke for accuracy or to be all inclusive. This material is information only and is not an offer or solicitation to buy or sell the securities. Hawke, its affiliates, and/or its officers, directors and employees may from time to time have a position in these securities. The Hawke Group has been compensated by the company.