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


To: Mr. Big who wrote (65952)1/24/2000 8:42:00 AM
From: marquis103  Respond to of 108040
 
PNJA. Should get a nice pop from this today. Russ

Monday January 24, 8:04 am Eastern Time
Company Press Release
SOURCE: Panja Inc.
Panja(TM) Announces First Shipments of Panja 1000 Units
DALLAS, Jan. 24 /PRNewswire/ -- Panja Inc. (Nasdaq: PNJA - news) announced today that it began shipping units of the Panja 1000 to customers this week. The Panja 1000 represents a major breakthrough in linking Internet content with home entertainment system control.

The Panja 1000 is a demonstration of technology that links people to Internet content through home appliances -- a theme that has grabbed headlines in recent days. It allows Internet audio and video content to stream directly to home entertainment systems and devices without a PC.

''Delivering the first true Internet home entertainment solution is a milestone for Panja,'' said John McHale, Panja's Chairman of the Board. ''This reinforces the company's mission of Extending the Internet Beyond the PC(TM).''

The Panja 1000 brings information to people's fingertips while providing the ultimate in remote control. It streams audio such as MP3 and Internet video to home entertainment systems. The Panja 1000 is a complete entertainment system controller that decodes and streams the most popular Internet media formats like MP3 files and Microsoft's® ASX audio and video streams to entertainment systems and devices.

The subscription services available for the Panja 1000 include Broadband Blast(TM), which delivers streaming Internet audio and video to your entertainment system. PanjaCast(TM) allows custom information, such as news, stock, weather and sports, to be displayed on the ViewPoint touch panel.

Customers can order a Panja 1000 Internet Home Entertainment Gateway and content rich subscription services at www.buyapanja.com, or linked through Panja's home page at www.panja.com.

About Panja Inc.

Panja is a new kind of Internet company, linking home and business appliances seamlessly and meaningfully to Internet content and services. Panja (www.panja.com) provides leading-edge technology that is slashing Internet information and entertainment free of the bonds of the PC. Panja is creating a whole new market for home and enterprise automation and networking. Panja products serve consumer and enterprise markets, from boardrooms to classrooms to living rooms. In delivering rich Internet content to non-PC devices, Panja is opening new doors for content providers, people who build broadband infrastructure ... and users. It's a new world.



To: Mr. Big who wrote (65952)1/24/2000 8:54:00 AM
From: moufassa7  Read Replies (2) | Respond to of 108040
 
GERN looks ready for blastoff this a.m.



To: Mr. Big who wrote (65952)1/24/2000 9:06:00 AM
From: puborectalis  Respond to of 108040
 
Kevin Prigel ups AMZN>>>>>>>>>>>>After downgrading Amazon.com to a hold a few weeks ago, with a $73 price target, I mentioned that my model could be drastically influenced to the upside with positive developments in the Amazon story. At the time I speculated that a way to slash marketing costs (perhaps with "zBubbles") could produce the upside investors were looking for.

A lower operating cost structure remains a viable means to higher prices for shares of Amazon.com, but the story that will get the stock moving for now is Amazon's transformation into a venture capitalist.

Everyone knows that the best venture capitalists leverage existing investments, infrastructure, and a name to demand low valuations from companies, while pushing their public market values skyward. Amazon.com offers upcoming e-tailers the best package of existing investments, infrastructure, and name. An investment from Amazon.com provides instant validation and near certain success.

Amazon.com has used those factors to invest in Drugstore.com, Pets.com, HomeGrocer.com, Gear.com, Ashford.com, Della.com, Alexa Internet (zBubbles), Internet Movie Database, GreenLight.com, and NextCard.com thus far. In every case, Amazon received a valuation lower than market value, while simultaneously pushing market value higher (hypothetical example: A company is valued at $100 million, but they get to invest at $75 million. The same day they make the investment the market value increases to $150 million). Now that's leverage!

Going forward I can only see more of these enticing opportunities for Amazon.com. These investments are most certainly the best use for Amazon's $1 billion cash horde, and for the cash they could raise with their $2.0 billion shelf offering (which they can use to raise more cash when they feel market conditions are right). With these considerations, I am raising my price target on Amazon.com to $87.00 and re-establishing a buy rating (after lowering the stock to a "Hold" at $73).

FWD this page to:

Kevin Prigel serves as President and CEO of StreetAdvisor.com.