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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (35915)	12/1/1999 4:35:00 AM
From: swisstrader	Respond to of 108040

KOREA - while we all know this news, the BB service starts today and nicely summarized in the following: KOREA THRUNET CO LTD CL A (KOREA : 0F) 12/01/99 04:25 AM EST Reuters NEW YORK, Nov 30 (Reuters) - Korea Thrunet Co. Ltd. <KOREA.O>, a high-speed Internet provider in South Korea, is launching a free bulletin board system that it hopes will increase use of its service by prompting creation of successful Web sites, the company said on Tuesday. American Depository Receipts (ADRs) of Korea Thrunet, which held its initial public offering just two weeks ago, surged 28percent to a high of 64-1/2 before settling back at 56, up 6-3/16 on the day, in trade on the Nasdaq stock exchange. The company, which provides Internet services to more than 100 corporate customers in Korea, said it hopes successful bulletin board systems will grow into successful Web sites for which Korea Thrunet can sell advertising. Cellphone users can access the bulletin board in addition to computer users, and in launching the new service, Thrunet is targeting the more than 20 million Korean cellular subscribers in addition to its existing wired Internet users, the company said. The service, will be launched Dec. 1 and marketed under the name "dvvb Services." Users who want to design their own bulletin boards will be able to choose from 10 templates. The boards can include sound and pictures, in addition to text. In its Nov. 17 initial public offering, the company raised $181.8 million. Last week Microsoft Corp.<MSFT.O> said it would exercise its option to buy another 6 percent stake in Thrunet, increasing its interest to 10.5 percent.

To: 2MAR$ who wrote (35915)	12/1/1999 4:42:00 AM
From: swisstrader	Read Replies (1) \| Respond to of 108040

WBVN - QP ends today, and these guys have had to keep VERY quiet complements of their intial screw up with the SEC...was up some 5 or 6 points yesterday on positive analyst comments, but trended down to end flat for the day yesterday along with the rest of the markets...no brainer for me as a terrific pick on the day/week...expect these guys to be a virtual PR machine, starting with this news: Wednesday December 1 2:11 AM ET Webvan Launches in Four New Markets SAN FRANCISCO (Reuters) - Webvan Group Inc. (NasdaqNM:WBVN - news), the online grocer, took some more steps toward its goal of becoming a nationwide electronic commerce company on Tuesday as it launched distribution centers for the Dallas, Seattle, Chicago and Washington areas. Webvan disclosed lease agreements for 300,000-square foot facilities modeled after its Oakland, Calif., center, which handles orders in the San Francisco area. The Bay Area operation began earlier this year. The online grocer's stock initially rose on Tuesday after news of the distribution deals and positive reports from brokerage firms. Later, it gave up its gains of more than $6 to close unchanged at $24.66, as many Internet-related stocks tumbled. Analysts at Bear Stearns and Donaldson, Lufkin & Jenrette, Deutsche Banc Alex Brown, Goldman Sachs and BancBoston Robertson Stephens recommended buying the stock. Several cited the importance of Webvan having the ability to deliver a wide range of goods, not just groceries, once its national network is rolled out. ``Webvan has developed and is implementing a superior model for establishing itself as the 'final mile' of e-commerce and is emerging as a franchise company within the ``eTailing' universe,' Laura Cooks Levitan and Lowell Singer of Robertson Stephens said in a report. Analysts were optimistic that Webvan would stay on track in its three-year plan to open up in 28 markets. The Chicago and Seattle centers will be open for business by the end of next year, said Webvan spokesman Bud Grebey, but the opening date for the other new markets has yet to be determined. ``We're looking at a fairly aggressive rollout schedule, and we are negotiating leases in several other markets right now,' he said. Construction giant Bechtel signed a $1 billion deal to build the nationwide system of distribution centers in 26 locations. Webvan itself built the first two in San Francisco and Atlanta. The new leases were signed with property firms in the four new markets. Terms of the leases on the new distribution sites were not disclosed. Webvan signed deals with AMB Property Corp. (NYSE:AMB - news), an industrial real estate owner and operator, for the Webvan centers in the Washington and Seattle areas, and with Pannottini Hillwood Development Co in Dallas. Webvan also said it was readying to start operations in the Atlanta area by the second quarter of 2000