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.

Technology Stocks : Softbank Group Corp -- Ignore unavailable to you. Want to Upgrade?

To: Jonas1 who wrote (1753)	9/16/1999 9:21:00 PM
From: Netwit	Read Replies (1) \| Respond to of 6020

I'll be in at 350 as well. Here's an article of interest: Softbank ups stake in Buy.com By Frank Barnako, CBS MarketWatch Last Update: 4:09 PM ET Sep 16, 1999 Listen to Internet Daily Softbank Capital Partners and News Corp. (NWS: news, msgs) are among the investors paying $165 million for shares of Buy.com, according to a Thursday announcement. The stock is being sold by the company and existing shareholders. This is Softbank's third investment in the e-tailer, bringing its equity position in Buy.com to 31 percent. Bill Burnham, former Credit Suisse First Boston Corp. analyst and now general partner of Softbank Capital Partners, was named today to Buy.com's board of directors. Online toy market not child's play The online toy market, estimated at $43 million in 1998, will to grow to $1.6 billion within three years, say analysts at Gomez Advisors. "Online toys in 1999 will be what online books were in 1997," said Gomez's Liz Leonard. "We expect the market to take off this holiday season. Why would shoppers fight holiday lines and chaos in crowded toy stores when they can get exactly what they want -- at a low price -- on the Internet?" Leonard's comments accompanied Gomez's evaluation of online toy sellers, ranking EToy (ETYS: news, msgs), Amazon.com (AMZN: news, msgs) and KBKids.com (CNS: news, msgs) as the category's top three merchants. Web shoppers rate sites Amazon.com (AMZN: news, msgs), EBay (EBAY: news, msgs) and Priceline.com (PCLN: news, msgs) were picked as the three best places on the Web to save money, according to research by Princeton, N.J.-based Opinion Research. The results were released by Priceline.com. Opinion Research projects that 42.1 million adults have bought something online this year. The Opinion Research study, conducted over two weekends in June and August, sampled 2,004 U.S. adults. Amazon.com was rated the best place for saving money when shopping the Web by 24 percent of the respondent. On the subject of savings on so-called big-ticket items, Priceline was tops, chosen by 14 percent. Comparison shopper plans for growth Acses.com, a comparison-shopping service on the Internet that allows visitors to find the best offer for books, CDs, videos or DVDs from major online retailers, announced it is changing its name to DealPilot.com. "We feel the (new) brand name is a better way to communicate the value provided by our service," said Christopher Muenchhoff, co-founder and managing director of the German-based operation. DealPilot.com utilizes proprietary technology to track prices on items sold over the Internet. "While the name Acses.com has served well in the past," Muenchoff said, "the future marketing and brand-building campaigns, which we are currently working on, require a catchier, high-profile name." EMusic in pact with BMI Performing rights organization BMI and downloadable music Web site company EMusic.com (EMUS: news, msgs) have announced a licensing and e-commerce agreement. "EMusic.com is completely committed to making sure that songwriters, composers and music publishers receive fair and accurate compensation for their work," said Bob Kohn, chairman of EMusic.com. BMI has issued a license covering performances of BMI music on the company's Web sites. BMI distributes royalties to performers whose work is Webcast. For late-breaking market news you can't afford to miss, go to CBS.Marketwatch.com