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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: M. Frank Greiffenstein who wrote (302)5/26/1998 5:02:00 PM
From: DeWAVE  Read Replies (1) | Respond to of 2752
 
Anyone familiar with Software.net? I got this from IPO Central.

Each week, IPO Central brings you a profile of one company that has filed to go public. The profile is a sample of those available to subscribers of Hoover's Company Profiles on Hoover's Online.
<Picture>More Featured IPOs...
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software.net Corporation
<Picture>Hoover's Company Profile

<Picture>[This profile is available for free. Find out how you can subscribe to Hoover's Online to receive additional company profiles.]

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Description:
software.net, formerly CyberSource, is an online reseller of software to individuals and businesses. The company keeps an inventory of about 30,000 software units that can be shipped directly to customers. Through its relationships with about 300 software publishers, the company also maintains an inventory of about 2,800 software units that can be downloaded over the Internet. software.net has strategic marketing alliances with America Online, Excite, and Netscape. It also operates co-branded sites, including CMP's TechShopper Software Store and Computer Currents Interactive Software Shop.

Address: 3031 Tisch Way, Ste. 900
San Jose, CA 95128
Phone: 408-556-9300
Fax: 408-241-8258
Web Site: software.net

CEO: Mark L. Breier
CFO: Michael J. Praisner

Fiscal Year End: December
1997 Sales ($ mil.): 16.8
1-Yr. Sales Change: 186.9%
1997 Income ($ mil.): (5.4)
Employees: 68

Company type: Private
Filing date: April 27, 1998
Expected IPO date: TBA

Offering amt. ($ mil.): 51.8

Proposed Symbol: SDOT
Proposed Exchange: Nasdaq

Underwriters: Deutsche Morgan Grenfell; Donaldson, Lufkin & Jenrette Securities Corporation; Merrill Lynch & Co.; C.E. Unterberg, Towbin