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.

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

To: TLindt who wrote (1043)	2/25/1998 7:18:00 PM
From: Keith J	Read Replies (1) \| Respond to of 3183

This was I think the most important paragraph of the S-3 for Net Bot and MatchLogic selling: Sales of a substantial number of shares of Common Stock in the public market following this offering could adversely affect the market price for the Company's Common Stock. The number of shares of Common Stock available for sale in the public market is limited by restrictions under the Securities Act of 1933, as amended (the "Securities Act"). In addition to the 3,998,258 shares of Common Stock offered hereby, as of February 15, 1998, the Company had outstanding approximately 22,008,290 shares of Common Stock, options to purchase a total of approximately 4,216,424 shares of Common Stock, 1,216,282 shares of Common Stock reserved for future issuance under the Company's stock option and stock purchase plans, warrants to purchase 95,122 shares of Common Stock and a warrant to purchase 325,000 shares of the Company's Series E Preferred Stock. The Company has in effect two shelf Registration Statements with respect to the 2,634,601 shares (as of February 15, 1998) of Common Stock held by AOL (or issuable to AOL upon exercise of a warrant) and with respect to the 2,900,000 shares of Common Stock held by Intuit. Holders of an additional 5,391,273 shares of Common Stock have certain rights to require the Company to register those shares of Common Stock for offer and sale to the public. If such holders, by exercising their registration rights or selling their shares of Common Stock pursuant to an existing registration statement, cause a large number of shares to be registered and sold in the public market, such sales could have a material adverse effect on the market price for the Company's Common Stock.

To: TLindt who wrote (1043)	2/26/1998 12:01:00 AM
From: AugustWest	Read Replies (1) \| Respond to of 3183

>>..more Importantly do you see the buy on Seek?...I posted it up on the Seek Thread at $8.00 see it?.. If it was mid Dec. I wasn't here(SI) yet, but I do see it on the chart. FWIW I bought first on 12/19 for $8 5/8, then made another equal to the first on 12/29 at $8 even. took a lot off the table at $11.5 before the SPO. But still have enough to keep it a point of interest. >>Also Excite isn't begging a buy here also...based on MACD. That is how I perceive it. In fact I still feel that the upward trend will continue, or at most flatten out. The latter would give time for the DMA to catch up. I don't know if she was just coming down to say "look at me", like at 27 bucks, or what, still very early. But well worth the attention. Thanks.