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Technology Stocks : iBeam Broadcasting Corporation - IBEM -- Ignore unavailable to you. Want to Upgrade?


To: Capitalizer who wrote (59)7/12/2000 12:20:59 PM
From: Walter Morton  Respond to of 148
 
Rick Juarez, analyst at Robertson Stephens, said IBEM is a potential acquisition target:

cbs.marketwatch.com



To: Capitalizer who wrote (59)7/25/2000 6:45:30 PM
From: Walter Morton  Respond to of 148
 
IBEM's latest planned acquisition to bring in millions in revenue:

NEXTVENUE, Inc. filed this S-1 on 05/09/2000:

Revenue for three months ended March 31, 2000 = $2.6 Million. That's up from $394,000 in the same quarter last year and up by $1 million compared to the quarter ended 12/31/1999.

Net Loss was significantly less than what IBEM is currently generating per quarter. NextVenture's net loss was less than total revenue as of March 31, 2000.

As of March 31, 2000 NetVenture had $28 million in cash.

NextVenture does however have about 7 million shares of convertable preferred stock issued.

This information is unaudited.