SI
SI
discoversearch

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.
Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (4429)9/28/1999 10:27:00 AM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 10354
 
Piglet! That is excellent, perhaps the Playboy Internet spinout will enhance their revenues with a judgment collection against Mr. Daley and ZSUN: "Playboy to Sell Shares in Online Business to Public Next Year 9/28/99 9:56 Chicago, Sept. 28 (Bloomberg) -- Playboy Enterprises Inc.,
one of the world's largest adult entertainment companies, said it plans to sell shares of its online business to the public next year. Playboy will file with the U.S. Securities & Exchange Commission later this year for the share sale. It expects to
complete the sale in early 2000.
The Chicago-based, under Chairman and Chief Executive
Christie Hefner, is trying to expand the Playboy brand beyond the
traditional print magazine forum, particularly the Internet,
where the company has already begun broadcasting adult
programming aimed at males.
``We believe the sale of a minority piece of this business
to the public will create the currency needed to continue to
build a top-flight senior management team and to make
acquisitions and alliances,' Hefner said in a statement. She is
the daughter of founder Hugh Hefner.
Playboy's online businesses include the Web site
Playboy.com, a chat site and retailing ventures. It also has
online agreements with ``Cigar Aficionado,' ``Wine Spectator,'
and other companies.
Shares of Playboy rose 1 to 23 1/4 in early trading."