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To: Lizzie Tudor who wrote (75858)	8/30/1999 11:11:00 PM
From: Jan Crawley	Respond to of 164684

Michelle, Pcln's short interest was 297K shares in 4/99 shortly after it's IPO. Then Pcln went to $150/$160 in May and shorts found their target and shorted over 2M shares in May. Now that Pcln is trading less than $70 and the short interest is approaching 5M. If we don't think that shorts are making $$, we have to think again. Why do we have so many players in the nets? It's the quick swings and quick $$, it always will be.

To: Lizzie Tudor who wrote (75858)	8/30/1999 11:15:00 PM
From: Victor Lazlo	Read Replies (1) \| Respond to of 164684

Do Staples, office max and office furnture / partition companies not have web sites? I know our office suppliers have ecommece sites. And PNLK? There are plenty of others too. No need to wait til next year. Maybe Gartner needs to re-visit it's description of b2b. Looks like they are missing a lot, or most, of the space.

To: Lizzie Tudor who wrote (75858)	8/31/1999 12:41:00 AM
From: Glenn D. Rudolph	Respond to of 164684

New Internet 'incubator' raises $130 million SANTA MONICA, Calif., Aug 30 (Reuters) - ECompanies, a new "incubator" set up to finance and advise Internet startups, has raised more than $130 million in its first round of venture capital funding, in another indication of the high level of interest in investing in online companies. ECompanies, which was launched earlier this summer by Earthlink Network Inc <ELNK.O> founder Sky Dayton and Jake Winebaum, former head of Walt Disney Co's <DIS.N> Buena Vista Internet Group, said the funding comes from a wide range of venture capitalists, investment banks and corporations. ECompanies is expected to announce its initial investments within a month. Internet incubators work to provide money as well as business advice to young entrepreneurs. ECompanies also said it named two new general partners, Steve Leger, a longtime venture capitalist, and Tim Spicer, an investment banker and former chief financial officer of Hambrecht and Quist. "The difference between success and failure of a new Internet venture comes down to execution, execution, execution," Ledger said. "ECompanies provides an unparalleled execution platform staffed with proven, talented second-generation Internet executives." Investors in the company's first round of funding include Accel Partners, CS First Boston, Walt Disney Co., EarthLink, Goldman Sachs, Kohlberg Kravis Roberts, Soros Fund Management, Sprint Corp. <FON.N> , Sun America and Times Mirror Co. <TMC.N>. REUTERS Rtr 16:53 08-30-99