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Technology Stocks : CBS MarketWatch IPO Possibilities? -- Ignore unavailable to you. Want to Upgrade?


To: HardMoney who wrote (8)4/15/1998 10:20:00 AM
From: esecurities(tm)  Read Replies (1) | Respond to of 31
 
>>Any idea how many shares would be set aside for current CBS

CBS shareholders will should benefit from a CBS.MW IPO solely pursuant to CBSs % ownership (50%) in CBS.MW...theoretically then one would take 50% of CBS.MWs market cap (shares outstanding X stock price) post-IPO and add that to CBSs market cap (all divided by CBS shares outstanding) to arrive at the new


(CBS (post CBS.MW IPO)=(CBS(pre-CBS.MW IPO) + CBS.MW) /CBS shares outstanding)


share value) ...this may already be occurring? in anticipation of said IPO ref/insiders?, however, most likely nearer said IPO announcement.

>>What was the above info as it regards CBS Sports Line(SPLN) IPO

Read both Jim Mitchell's link he referred to in his summary of the CBS.MW IPO at the top of this thread and then read reply No. 2 re: Red Herring.



To: HardMoney who wrote (8)4/15/1998 10:39:00 AM
From: esecurities(tm)  Respond to of 31
 
4/14-SportsLine USA, Inc. Reports Record First Quarter Performance

"...Revenue increased 359% to $6.79 million in the first quarter of 1998 from $1.48 million in the same quarter last year...Traffic to the Company's Web sites grew 383% over the same quarter last year, averaging 4.22 million page views per day during the first quarter of 1998, compared to 875,000 page views per day in the same quarter last year. Page views during the first quarter of 1998 increased 49% over page views during the fourth quarter of 1997. Average daily visits to the Company's Web sites increased 417% to approximately 656,000 in first quarter 1998, compared to approximately 127,000 in the same quarter the previous year. Page views during the quarter increased month-over-month, with record highs set in both February (4.52 million average daily page views) and March (5.34 million average daily page views), primarily as a result of the Company's extensive coverage of both the XVIII Olympic Winter Games and the 1998 NCAA Men's Basketball Tournament..."

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