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Technology Stocks : Town Pages Net.com plc (TPN) -- Ignore unavailable to you. Want to Upgrade?


To: hcm1943 who wrote (36)1/11/2000 11:41:00 AM
From: Intrepid1  Respond to of 40
 
TownPages Announces Intention to List BuyersGuide Subsidiary - Formerly
Bowden Publishing - On the London Stock Market

ALTON, England, Jan 11, 2000 (BUSINESS WIRE) -- TownPagesNet.com plc
(AMEX: TPN), a provider of Internet-based on-line information services
in the UK, has announced its intention to take its B2B (business to
business) subsidiary BuyersGuide public in the UK and seek a listing
for it on the London stock market.

Based in Newcastle-upon-Tyne, Bowden publishes the well-known
Internet-based Local Government & Public Service 'Buyers Guide'
(www.buyersguide.co.uk), which attracts in excess of 2,500 advertisers
annually. Since its formation, the company has grown from two to 30
employees and built up a client list including blue chip companies such
as Microsoft (NASDAQ: MSFT), Coca-Cola (NYSE: KO), IBM (NYSE: IBM) and
Canon (NASDAQ: CANNY), together with a wide range of telecommunications
companies. Stephen Hall of TownPages commented: "TownPages is enhancing
and expanding the BuyersGuide service by adding e-commerce capabilities
to its current advertising service. BuyersGuide's revenue-generating
potential is likely to prove extremely attractive to investors when
listed on the London stock market. Local government authorities'
current purchasing expenditures are worth in excess of (pound)400
billion per year. This market attracts advertisements by many
suppliers. We are extremely excited by the considerable commercial
opportunities for BuyersGuide."

TownPagesNet.com plc owns Town Pages UK Ltd., which operates TownPages,
an interactive service providing comprehensive, up-to-date, locally
focused information about specific towns and cities in the United
Kingdom in a graphically pleasing format. On May 5th, 1999, the company
consummated the initial public offering of its securities in the US for
gross proceeds of $22,000,000.

"Safe Harbor" statement under the Private Securities Litigation Reform
Act of 1995: This release contains forward-looking statements that are
subject to risks and uncertainties including, but not limited to, the
impact of competitive products and pricing, product demand and market
acceptance, reliance on key strategic alliances, fluctuations in
operating results and other risks detailed from time to time in the
Company's filings with the Securities and Exchange Commission.

TownPages(R)' website can be found at www.TownPages.co.uk

Copyright (C) 2000 Business Wire. All rights reserved.

Distributed via COMTEX.



To: hcm1943 who wrote (36)7/22/2000 1:31:47 AM
From: Intrepid1  Read Replies (1) | Respond to of 40
 
Hello HCM, I'm still long TPN how about you? I did the craziest thing. After the TPN shareprice collapsed I did some serious DD on the company. Apart from phoning the company in the UK on a weekly basis and talking to as many different people there as I could, I had an associate in the UK do some hard contact research.

Guess what? The company is doing extremely well (with the exception of the Kiosk strategy) and there is no doubt in my mind the details of Buyersguide IPO will be announced very shortly. As a result I bought 10 times as many shares below $2 as I owned above $7 (average price prior to collapse).

Today there was an instituional buy order for 50,000 shares
Follow this link and type in enter TPN in the "Enter Ticker" box.
thomsoninvest.net

Even though the stock has been trading lightly under $2 for many weeks the bid held and was only dusted for about 15,000 shares.

I sense a turnaround happening.