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 : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: superfiggpart2 who wrote (61908)	11/3/2000 1:54:43 PM
From: AD	Read Replies (1) \| Respond to of 122088

well,HOMS is safer now than 28, but what is your reasoning for now? Short HAND from the 89's...and hoping for another squeeze to add in the 90's. But it looks weak.

To: superfiggpart2 who wrote (61908)	11/3/2000 2:12:12 PM
From: chris431	Respond to of 122088

EDIT

To: superfiggpart2 who wrote (61908)	11/7/2000 4:08:54 AM
From: jlib	Respond to of 122088

NEW YORK, Nov 7 (Reuters) - The U.S. Department of Justice broadened its antitrust investigation of online realty company Homestore.com Inc. (NasdaqNM:HOMS) with a new round of civil subpoenas to industry rivals, the Wall Street Journal reported in its electronic edition on Tuesday. Civil subpoenas served last week show federal investigators now are looking into Homestore's pending $1 billion acquisition of Move.com, the online realty operations of franchising giant Cendant Corp. (NYSE:CD), the newspaper reported. Cendant's franchises include Century 21, Coldwell Banker, Ramada, Days Inn and others. Officials at Homestore, based in Thousand Oaks, Calif., wouldn't comment on the new aspects of the inquiry, the Journal reported. Move.com officials also wouldn't comment, other than to confirm the Justice Department was reviewing the deal, the Journal added. Homestore and Cendant could not immediately be reached by Reuters for comment on the report. Justice Department lawyers have asked online realty rivals to respond to detailed questions on everything from dealings with regional property-listing boards to difficulties selling advertising, the paper said. The six-month-old antitrust investigation is focusing on "exclusionary conduct and monopolisation of Internet realty sites in the United States; and Homestore.com's acquisition of Move.com from Cendant," the paper reported, quoting from one of the subpoenas. Under the subpoenas, rivals such as HomeSeekers.com Inc., Microsoft Corp.'s (NasdaqNM:MSFT) HomeAdvisor.com Inc., closely held Homes.com Inc., and others are being required to provide detailed answers to 11 multipart questions by the end of the month, the paper said. The firms are also being asked to relay confidential documents on more than 25 aspects of their respective Internet realty businesses, it added.