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To: Tom Hua who wrote (2410)10/23/2000 12:48:14 PM
From: manny t  Respond to of 19633
 
VERT and DELL news from this morning, from ICGE thread:

To: Mohan Marette who started this subject
From: bob zagorin Monday, Oct 23, 2000 12:37 PM ET
Reply # of 1694

VerticalNet Forms Strategic Channel Relationship With Dell; DellHost ToDistribute up to 35,000 Microsoft Sponsored VerticalNet(R) Storefronts
HORSHAM, Pa., Oct. 23 /PRNewswire/ -- VerticalNet Markets, a strategic business unit of VerticalNet, Inc. (Nasdaq: VERT), the Internet's leading business-to-business e-commerce enabler, announced today that it has formed a strategic relationship with Dell Computer Corporation (Nasdaq: DELL), to distribute up to 35,000 VerticalNet(R) storefronts to DellHost's dedicated server, high-end shared and e-commerce customers. The initial phase of the program launches today.

Microsoft Corporation (Nasdaq: MSFT) will sponsor the initial 12 months for each VerticalNet storefront distributed to qualified DellHost(TM) customers, as a part of Microsoft's previously announced strategic alliance with VerticalNet. A storefront is a company Internet marketing platform within an industry-focused VerticalNet community, which is designed to enable buyers to leave sales leads or purchase a seller's products or services online.

Small to medium-size business-to-business DellHost customers can sign-up for a prepaid VerticalNet storefront by logging on to DellHost's Web site located at www.dellhost.com or by contacting a DellHost representative at 877-335-5467. Current DellHost customers can apply for a storefront online at www.verticalnet.com/dellhost.

DellHost and VerticalNet have also entered into a marketing agreement, under which, DellHost will be prominently featured within VerticalNet's VertSolutions Zone, an online business resource center located in all 57 VerticalNet communities. The two companies will also work together on advertising initiatives, customer marketing, co-branded links, and other marketing programs.

"We're pleased to work with a world-class company like Dell," said Joseph Galli, president and CEO of VerticalNet. "Our two companies share many synergies, including the shared vision to make e-commerce a viable business option for any company. We're fortunate that via our relationship with Microsoft we're able to implement programs of this scale that mitigate the risk and high cost for thousands of companies to bring their business online. This relationship represents another example of how VerticalNet can scale the distribution of storefronts through strategic alliances."

"Our goal is to make doing business online easier and more affordable for small and medium-size businesses," said Tim Mattox, Vice President and General Manager for DellHost. "VerticalNet's ability to help companies promote their business in a targeted and easily deployable model will be a significant benefit to DellHost customers."

VerticalNet Markets

VerticalNet Markets is committed to providing value to buyers and suppliers by offering deep vertical relevance and leveraging horizontal scalability. This Unit, comprised of VerticalNet's 57 vertical marketplaces as well as VerticalNet's core horizontal services, will support commerce, content and community in a hosted environment and will leverage the resources of both VerticalNet Exchanges and VerticalNet Solutions to continually enhance commerce solutions and services.

About VerticalNet, Inc.

VerticalNet, Inc. (www.verticalnet.com) provides end-to-end e-commerce solutions targeted at distinct business segments through three Strategic Business Units: VerticalNet Markets includes 57 industry-specific Web sites designed as online vertical trading communities and provides hosted e-commerce and community capabilities for corporate divisions and mid-size businesses; VerticalNet Exchanges focuses on direct material open and spot markets; VerticalNet Solutions builds digital marketplaces for global 2000 customers, consortia and neutral Net market makers. VerticalNet International leverages the Company's three strategic business units to create global Internet B2B marketplaces, offering products and services internationally and partnering with companies that have strong local presence and domain expertise.

This announcement contains forward-looking statements that involve risks and uncertainties, as well as statements that are preceded by, followed by or include the words "believes," "plans," "intends," "will," "expects," "anticipates," or similar expressions. For such statements, the Companies claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Factors that could cause actual results to differ from those contained in the forward-looking statements include those factors set forth in each Company's most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q, both of which have been filed with the SEC.

VerticalNet and NECX are registered trademarks and/or trademarks of Vert Tech LLC in the United States and/or other countries.

SOURCE VerticalNet, Inc.

CO: VerticalNet, Inc.; VerticalNet Markets; Dell Computer Corporation; Microsoft Corporation

ST: Pennsylvania

IN: CPR MLM

SU: JVN

10/23/2000 09:02 EDT prnewswire.com



To: Tom Hua who wrote (2410)10/23/2000 12:59:36 PM
From: Fundamentls  Read Replies (1) | Respond to of 19633
 
The momos are leaving EPNY, so it seems

I hope so Tom, I sold some at 99 3/4. I keep trying for that toptick, never quite get it. <g>

I guess ZIXI was just a short squeeze after all. Wish I had added Friday, I had an order in about a half a point too high. Oh well. By the way, did you ever notice the huge number of executive options on ZIXI? I guess I knew it was large but hadn't focused on the value until I ran across this in their proxy statement.


OPTION EXERCISES
DURING 1999 NUMBER OF
---------------------- SECURITIES UNDERLYING VALUE OF UNEXERCISED
NUMBER OF UNEXERCISED OPTIONS AT IN-THE-MONEY OPTIONS AT
SHARES DECEMBER 31, 1999 DECEMBER 31, 1999
ACQUIRED VALUE --------------------------- ----------------------------
NAME ON EXERCISE REALIZED EXERCISABLE UNEXERCISABLE EXERCISABLE UNEXERCISABLE
---- ----------- -------- ----------- ------------- ------------ -------------
David P. Cook......... -- $ -- 3,220,968 1,063,659 $105,130,331 $34,701,874
Donald D.
Druckenbrodt........ -- -- -- 50,000 -- 1,506,250
Douglas H. Kramp...... -- -- -- 125,000 -- 1,328,125
Ronald A. Woessner.... -- -- 70,686 29,314 2,350,086 1,052,771
Steve M. York......... 15,000 22,970 74,800 -- 2,367,562 --


I like the comment in the narrative:

Since Mr. Cook's compensation is entirely stock based, his interests are aligned precisely with those of our stockholders.

So if I were a ZIXI stuckholder (which I'm not), I guess ZIXI would have made me rich, too?

Regards,
Fund



To: Tom Hua who wrote (2410)10/23/2000 1:30:29 PM
From: Oleg Sogolov  Respond to of 19633
 
Tom, STMI dipped below $8 already.

Sidenote: though the volume on EPNY is relatively big, the buying/selling occurs in spurts with day-traders going short and long all day, leaving for MMs to manipulate the stock up and down. My average is around $90, so I am not worried just yet.