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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?

To: StormRider who wrote (675)	12/13/1997 8:06:00 PM
From: TLindt	Respond to of 3183

I'm just guessing.....due your own DD. Well I found some of my own answers in the 'raw filings' at the SEC. Preview Travel... Book value less than $5.00.........I think it was $3.75. Agreement with Excite & AOL......Excites distribution fees to Start after 9/30/97.....so there should be a bump up on this deal in 4th Q. Total to be paid to Excite (24Million), AOL (32Million) as follows; 1997-8.5 M 1998-4.1 M 1999-10.9M 2000-12.4M 2001-12.4M 2002-7.7M There was mention about sharing ad revenues & commissions... I couldn't find the agreements...but if it goes on percentage acording to the above split 24/32 or 42.8% Excite. That would be about 3.6M this Q....because it's all that's left of 1997? Said payment were to begin in the 4th Q, or after they went public.... I'm just guessing...BTW. % of online e-commerce Sales; MAR.........AOL...89%......... JUNE.......AOL....77%........Excite.....8% SEP..........AOL....67..........Excite....13% Gross Sales were over 20 Million for the 3rd Q Preview....they are paid on a commission basis for those sales. So On-line Sales & Commissions are two different numbers.....Commissions are much..much less. They also have their own website and an agreement with NBC Interactive. They are growing at a pretty good clip.......but they will be burning cash for some time to come IMO......but it's worth watching anyway. I'm more interested in how Excite is doing in the deal.... 5%er's on Preview Travel from SEC. AOL, General Electric, Kleiner, Perkins, Caufield & Byers, US West Interactive Services.......and a couple other mix'n matchers. All-in-all........it didn't look like a deal with Howard Hughes.....Just another one of those inovative E-Commerce Companies worth watching. Anybody know if there is a thread for this Company? BTW doc thanks for not mentioning IN-u-know.