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.

Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Knight who wrote (23891)	4/14/2000 9:04:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Philips Selects Modem Media to Drive Global E-Commerce Initiative NORWALK, Conn., April 14 /PRNewswire/ -- Modem Media (Nasdaq: MMPT), the exclusive builder and marketer of customer-focused Me-business(SM) solutions, today announced that it has been selected to develop a new global e-commerce initiative for Philips Electronics Domestic Appliances and Personal Care Division (DAP). Under the agreement, Modem Media will work closely with Philips DAP to develop and implement a major global Internet initiative. Philips DAP will leverage Modem Media's understanding of consumer needs and ability to develop solutions for meeting those needs. Additionally, Philips DAP will have access to Modem Media's strong international network, which includes offices in Toronto, London, Paris, Munich, Tokyo, Hong Kong and Sao Paulo, to further Philips DAP in local markets throughout the world. "We selected Modem Media for their unique combination of technical and creative abilities," said David Humphrey, global manager for e-Commerce and Relationship Marketing, Philips DAP. "We are confident they can help us convey the brand values of Philips in the online world. By providing customers worldwide with a personalized Internet experience relevant in their local country, Modem Media will help us provide a level of Internet customer service not found in our business today." "As an industry leader, Philips DAP has always recognized the importance of developing and delivering products and services of true relevance to the customer," said G.M. O'Connell, Chairman and CEO of Modem Media. "We look forward to developing and implementing comprehensive Me-business solutions that enable Philips DAP to continue its superior relationships with customers worldwide." About Modem Media Modem Media (http://www.modemmedia.com) is the exclusive builder and marketer of Me-business solutions, a customer-focused approach to Internet business. Driven by customer needs, Modem Media identifies Me-business opportunities, and utilizes its conceptual, technological and marketing expertise to build, distribute and manage unique Me-business solutions for global companies and Internet ventures. Headquartered in Norwalk, CT, Modem Media's expanding global presence includes offices in New York City, San Francisco, Toronto, London, Paris, Munich, Tokyo, Hong Kong and Sao Paulo. With more than 825 professionals worldwide, Modem Media has created customer-focused Internet solutions for global brands such as Citibank, IBM, Intel, Delta Air Lines, E*Trade, General Electric, General Motors, and JCPenney. Me-business is a service mark of Modem Media.

To: Knight who wrote (23891)	4/14/2000 9:36:00 AM
From: American Spirit	Read Replies (1) \| Respond to of 57584

Yes, sector rotational media hype pro and con. And a boomtown frenzy on certain sectors while ignoring others completely. Right now techs are being treated as dogs. And the problem is they all get lumped together whether they deserve to be or not. As we learn from our mistakes we must realize that everything equalizes sooner or later. Therefore hang onto your quality oversold stocks now and they will recover, gradually at least. Or else take tax losses and get back in when you feel ready. Or re-arrange your portfolio. I think the fund managers know though that the way to get 50% gains this year is to buy low. They're simply waiting to see who gets back in first. Then it should be another stampede, at least for a short time. Of course I'm talking from the perspective of the LU, IBM, CPQ and UIS type holders, which is where I sit. They were not high-fliers in fact they were beaten down IMHO. Still they get hurt along with everything else this week. Let's hope today finishes up for the general market and bargain techs in particular. There will be a lot of pain out there if this doesn't happen. It's all up to major buyers who hopefully know when to buy at the bottom. Question - Why do they call them dogs? I love my dogs (pet ones)and find them the best investments I've ever made. gg