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Technology Stocks : BGST: BigStar Entertainment -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (62)	11/2/1999 8:26:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 75

We'll be higher...others see $$ in movies.....Tuesday November 2, 7:45 pm Eastern Time Online movie retailer Reel.com to file for IPO EMERYVILLE, Calif., Nov 2 (Reuters) - Online movie retailer Reel.com, a wholly owned subsidiary of video rental chain Hollywood Entertainment Corp. (NasdaqNM:HLYW - news), on Tuesday said it plans to file for an initial public offering. Reel.com said it intends to file a registration statement with the U.S. Securities and Exchange Commission this month, noting the exact timing of the IPO will depend on market conditions. Portland, Ore.-based Hollywood Entertainment earlier Tuesday reported a third quarter loss of $10.5 million or 23 cents a diluted share compared with a profit of $6.1 million or 16 cents a year in the prior year period. Hollywood Entertainment reported that excluding losses from Reel.com it made a profit of $8.8 million or 19 cents a share in the latest quarter.