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.

Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey Beckman who wrote (12885)	4/5/2000 6:09:00 PM
From: SJS	Respond to of 14427

Jeff, I blew out XTND. With a tiny float, the MM's take this all over the map. It's not safe now, although I like what their doing, but it's subject to the vagaries of mo-mo investing. I have some news on TMWD today ....... _________________________________________ Tumbleweed Communications (TMWD-$83-$2.18B -Buy) Significant Customer and Product Announcements 2000E: $(1.00) , 2001E: $(0.75) ú Tumbleweed had a series of announcements this morning, involving new product versions, new product releases, as well as Travelers as a new customer. ú Tumbleweed Integrated Messaging Exchange (IME) 4.0 was released this morning. This new version is focused on enhancing the recipient?s experience and functionality. Recipients will now be able to extend the channel of secure communications back to the sender as well as forward the e-mail, still within the protection of the IME platform. In addition, the version includes automated enrollment features, which add a viral element to new customer acquisitions. ú The new product release of WorldSecure, called Messaging Management System (MSS), was also announced this morning. This enterprise-level solution includes a set of e-mail management products and services that have been more tightly integrated with the IME interface. ú The new combined solution of IME and MSS enables enterprises to create a secure communications platform, to define policies, archive information, monitor messaging traffic and to intelligently route sensitive messages. ú Travelers Property Casualty, the insurance group of Travelers, has become the first customer of this combined solution of IME and MSS. It is also the first insurance customer, which we believe will be a rapidly emerging new vertical for Tumbleweed. Travelers will use the system to communicate with a broad range of its customers, lawyers, brokers and partners. ú We re-iterate our Buy rating. We expect further positive catalysts over the coming weeks as well as a very strong quarter.