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


To: hoffy who wrote (65857)1/22/2000 7:50:00 AM
From: Bouf  Read Replies (1) | Respond to of 108040
 
ZD..a cash cow soon...

They keep selling off the parts and still have several money makers that they will own...they will be debt free..then to the moon Alice!!:)

Ziff-Davis Completes Sale of ZDTV Interest to Vulcan Ventures For $204.8 Million
NEW YORK, Jan. 21 /PRNewswire/ -- Ziff-Davis Inc. (NYSE: ZD - news and ZDZ - news) today announced that it completed the sale of its 64% interest in ZDTV to Vulcan Ventures, Inc., the investment organization of Paul G. Allen, for $204.8 million.

Ziff-Davis Inc. is a leading media and marketing company focused on computing and Internet-related technologies. Ziff-Davis has two series of common stock, one that is intended to track the performance of its Internet business ZDNet (NYSE: ZDZ - news; zdnet.com), and one that is intended to track the performance of the ZD Group (NYSE: ZD - news), which includes print publishing, trade shows and conferences, online learning, and a retained interest in ZDNet.

SOURCE: Ziff-Davis Inc



To: hoffy who wrote (65857)1/22/2000 4:09:00 PM
From: InvestLady  Respond to of 108040
 
DMEC-stay away, lost much $$ on that two years ago and it is totally a P&D stock, nothing behind it. Traders beware unless you can get in and out really fast. Anyone new should stay away.