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Technology Stocks : Phone.com [PHCM] -- Ignore unavailable to you. Want to Upgrade?

To: George A. Roberts who wrote (788)	1/10/2000 9:34:00 AM
From: Nick	Read Replies (1) \| Respond to of 1080

Phone.com and BuyNow.com to Offer E-commerce Transactions From Internet-Enabled Mobile Phones One-stop Shopping on the Web Via MyPhone Mobile Portal Service REDWOOD CITY and ALISO VIEJO, Calif., Jan. 10 /PRNewswire/ -- Phone.com, Inc. (Nasdaq: PHCM - news), a leading provider of mobile Internet software and services, and BuyNow.com, a premiere provider of Internet shopping and e-commerce services, today announced an agreement to deliver e-commerce services to Internet-enabled mobile phones through the Phone.com(TM) MyPhone(TM) service. This collaboration is designed to allow network operators to realize new e-commerce revenue streams by offering their MyPhone subscribers the opportunity to purchase books, videos, music, computer hardware and software products using their Internet-enabled mobile phones. (Photo: newscom.com ) BuyNow.com has built e-commerce solutions for some of the most recognizable names on the Internet in the computer, software, manufacturing and multimedia products industries, such as Philips Electronics North America Corp., Fujitsu Computer Products of America and UMAX. With the BuyNow application, network operators will have a compelling addition to the robust MyPhone portal offering, complementing existing applications such as real-time stock quotes, news feeds, weather updates, horoscopes, email, address book and calendar. ``We chose e-commerce provider BuyNow.com because they share our product requirements: fast implementation, high value to customers and a proven technology,' says Ben Linder, vice president of marketing for Phone.com. ``Meeting these criteria helps us to successfully deliver to wireless carriers new revenue streams as well as compelling applications for mobile users.' ``BuyNow has built e-commerce sites to further our clients' brands, establish a Web presence and increase revenues,' said, Roger Andelin, president of BuyNow.com. ``Our collaboration with Phone.com is extending these same objectives to the wireless level -- helping carriers create a one-stop shopping portal that provides the information and services their subscribers seek.'

To: George A. Roberts who wrote (788)	1/10/2000 3:44:00 PM
From: Nick	Respond to of 1080

Could this merger be the reason for our decline today? Concentric soars on Nextlink merger By Tiffany Kary ZDII Internet-access provider Concentric Network Corp. raced ahead 35 percent Monday, chasing the premium put on its stock by Nextlink Communications Inc., which will buy the company for $2.9 billion in stock. Concentric (Nasdaq: CNCX) jumped 10 9/16 to 40 9/16, or 35 percent. Nextlink (Nasdaq: NXLK) shares lost 1 to 77 1/2 following the news. Concentric's stock has been hovering around its 52-week high of 57 5/8 since it beatestimates in its third quarter. Concentric shareholders will receive $45 in Nextlink stock for each share -- a 50 percent premium to Concentric's stock price. Under the deal, which is subject to a collar, if Nextlink shares rise above $90.91 a share, Concentric shareholders will receive 0.495 share of Nextlink stock for each Concentric share. If Nextlink stock falls below $69.23, Concentric shareholders will receive 0.65 share of Nextlink. The deal will give telephone services company Nextlink the ability to expand its offerings beyond voice services and provide high-speed Internet access and other data services. Nextlink is backed by cellular telecommunications pioneer Craig McCaw. The Nextlink-Concentric transaction is the latest combination of a phone carrier and an Internet company. Phone.com, Inc. (Nasdaq: PHCM) recently bought @Motion Inc. to add voice portal technology to its current services. Combined, Nextlink and Concentric will offer a one-stop source for communications services for small and medium-sized businesses, including voice, data, Internet and application service provider (ASP) services, the company said. Concentric Network's pending acquisition of United Kingdom-based Internet Technology Group Plc, expected to close in the first quarter, will give the combined company an established base in the European data marketplace.