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.

Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey_J who wrote (9728)	6/30/1998 9:06:00 PM
From: Brady B.	Respond to of 18444

Netscape "in talks" with several media cos PALO ALTO, Calif., June 30 (Reuters) - Netscape Communications Corp. <NSCP.O> Tuesday unveiled its new and improved Web site, but said it was still a work in progress and that further changes would be forthcoming. The new Netcenter dilutes the site's previous focus on computers and software, with several new "channels" or content areas like shopping and health. It also adds more consumer friendly features like free email, talking email and improved Web searching capabilities. In an interview Tuesday, Netscape executive vice president Mike Homer said the next step would be to partner with major media companies to position Netcenter to compete more effectively with popular Internet services like Yahoo! Inc <YHOO.O>. "We're talking to all of them," Homer said, referring to the big U.S. media companies. However, he would not say whether Netscape would enter a deal for a major investment like the ones recently sealed between NBC Inc and Cnet Inc <CNWK.O>, or Walt Disney Co <DIS.N> and Infoseek Corp <SEEK.O>. "It's not out of the question but it's also not necessarily what we're looking for," said Homer, who said Netscape might instead enter multiple deals with a different content providers. "There is always the possibility that we might make an agreement with one particular company, and that they might be interested in participating more greatly in promoting Netcenter." "There are benefits to both approaches," Homer said. 20:36 06-30-98

To: Jeffrey_J who wrote (9728)	6/30/1998 9:07:00 PM
From: Brady B.	Read Replies (1) \| Respond to of 18444

U.S. Spending on Internet to Reach $518 Billion in 2002 Framingham, Massachusetts, June 25 (Bloomberg) -- Internet- related spending by U.S. companies and consumers will more than quadruple to about $518 billion in 2002, as more people do their shopping and communicating on the worldwide computer network. The U.S. ''Internet economy'' already has mushroomed to about $124 billion this year from less than $30 billion in 1996, as companies rush to reach their customers, suppliers and workers more efficiently, said market researcher International Data Corp. Globally, 100 million people use the Internet regularly, it said. Investor enthusiasm for Internet stocks has surged in recent months, with shares of the most prominent companies at or near records. America Online Inc., the largest online service, and top Internet directories Yahoo! Inc., Lycos Inc. and Infoseek Corp. are well-positioned to benefit from the increasing demand. Business-to-business commerce is probably the most important driver of the adoption of Internet technologies,'' said John Gantz, author and primary forecaster of the study. Yahoo! rose 3 1/2 to 152 1/4, after touching a record 156 1/4. AOL rose 4 1/8 to 108 1/16 after climbing to an all-time high of 108 3/8. Infoseek gained 1 1/4 to 34 3/4 and Lycos rose 1 15/16 to 69 9/16. Business spending on Internet content, marketing and sales and services will increase to more than $300 billion in 2002. Internet commerce, or the purchase of goods and services over the Internet, will near $250 billion by that year.