Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Captain Jack who wrote (39520)	2/19/2000 11:03:00 PM
From: mr.mark	Respond to of 45548

Book4Golf.com to Have Tee-Reservation Web Site Running by June By Sean B. Pasternak Book4Golf.com to Have Tee-Reservation Web Site Running by June Thornhill, Ontario, Feb. 18 (Bloomberg) -- Book4Golf.com Corp. said its Web site will start letting people reserve playing times at more than 500 North American golf courses by June. The Thornhill, Ontario-based company has been working for more than a year on the site, which gives participating golf courses the ability to take bookings 24 hours a day. Book4Golf.com is targeting repeat users for its service. In the U.S., 5.4 million people play 25 or more rounds of golf a year. The average weekend round of golf at an 18-hole public course costs US$36 in the United States, said Judy Thompson, a spokeswoman for the National Golf Foundation. Book4Golf.com reservations will be made over the Internet, or from portable devices such as 3Com Corp.'s wireless Palm 7 handheld organizer, two kinds of telephone answering services, and over a cable-TV network to be available in gated communities and travel resorts. ``We've really built a lot of richness into our system,' said Book4Golf.com Chief Executive Phillip De Leon said in an interview. ``Once you've written the software, it eliminates a lot of the barriers for entry into this space.' Book4Golf.com, which gets between 2.5 percent and 5 percent of the revenue from the courses for each tee time that's booked, has signed agreements in the last two weeks to become the exclusive reservation service for American Golf Corp. and Meadowbrook Golf Group Inc., the largest and third-largest owners of golf facilities respectively. This will bring the total number of courses that have time booked on the site to more than 700, said De Leon, who expects the company to have revenue of US$30 million within its first year of operations. In addition to giving golf courses the software that synchronizes with Book4Golf.com's main system, the company will lend computers to courses that don't have them, provided they sign an exclusive agreement for two years. Golfers will also be able to book tee times through No. 1 travel-reservation company Sabre Holdings Corp., with which Book4Golf.com signed an exclusive agreement in November. Book4Golf.com stock fell C$1.90 (US$1.31), or 11 percent, to C$15.30 in Vancouver. The stock has risen 76 percent this year. quote.bloomberg.com