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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (29621)	3/17/2000 1:19:00 AM
From: Katie Kommando	Respond to of 52051

TELV to get $22M in CNET stock: DD on TELV TeleVideo, Inc. (OTCBB: TELV) 2345 Harris Way San Jose, CA 95131 408-954-8333 televideo.com Shares Outstanding: 11.3M Float: 4.2M Significant Recent Press Release biz.yahoo.com Summary of Press Release In September 1998 TELV invested $1M in mySimon.com, an Internet comparison shopping company. mySimon was recently bought by CNET Networks (NASDAQ: CNET). In exchange for its interest in mySimon, TELV will receive 375,000 shares of CNET. The transfer is currently being done. The shares are freely tradeable and can be sold three days after the release of earnings for CNET for the quarter ended March 31, 2000. CNET closed today at $59. Accordingly, the present value of TELV's 375,000 shares is $22,125,000. ABOUT TELV TeleVideo, Inc. is a pioneer in thin client server-based computing. Today, the company is utilizing its expertise in server-based network computing to forge new ground in delivering thin-client solutions. For more information visit the company's web site at televideo.com. TELV'S PRODUCTS televideo.com OTHER RECENT PRESS RELEASES biz.yahoo.com biz.yahoo.com FINANCIALS Financials and 10Q were filed today, March 16, 2000 biz.yahoo.com