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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: kha vu who wrote (73519)	11/27/1999 7:40:00 PM
From: kendall harmon	Read Replies (1) \| Respond to of 120523

LOOK--BT may buy it according to Steve Harmon <<: What is your opinion of LookSmart? It recently announced a $200 million joint venture with British Telecommunications and expects to get 30% of the European and Asian markets for ISP services. Harmon: LookSmart {LOOK} rose from being a no-name guide/directory to partnering smartly with major portals, ISPs and others to build out its reach. At $3.6 billion, the premium has been placed on the stock to fulfill the BT and U.S. West agreements, among others. My best bet would be that BT buys LookSmart -- the large telco needs it. And there are only three of these global guide companies worth owning for the big gorillas. The other two are Lycos {LCOS} and Infospace {INSP}.>> cnbc.com