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 : Zapata (ZAP) -- Ignore unavailable to you. Want to Upgrade?

To: MYWAYNY who wrote (342)	7/21/1998 4:01:00 PM
From: IceShark	Read Replies (1) \| Respond to of 1206

Here you go myway, May 4, 1998 News Briefs Open Market Acquires Low-End Store Builder Open Market announced it will step into the low end of commerce software last week with the $11 million acquisition of ICentral, a store builder. The buyout gives Open Market a foundation among small businesses setting up their first shops on the Web. ICentral's ShopSite can be bought for less than $1,000, whereas Open Market's flagship Transact 4 sells for $125,000. The buyout reflects an intensifying battle for small-business startup shops on the Internet. For example, iCat last month announced that it will give away space for stores marketing fewer than 10 items in hopes of winning those stores' business when they choose to upgrade. NetChannel Kills Online Service NetChannel said last week it is pulling the plug on its television-based Internet service, while Thomson Consumer Electronics will provide refunds to consumers who purchased RCA network computers to access that service. NetChannel and its partners provided Internet access and content on a monthly subscription basis. The service worked with $200 devices made by Thomson under the RCA brand. Though it aimed at becoming a competitor to WebTV, the service never took off. It had 10,000 subscribers a year after its launch, according to Jim Gustke, NetChannel's vice president of marketing. Gustke declined to comment on speculation that America Online or other companies are negotiating to acquire NetChannel, which now employs 60 people. "The company is currently restructuring. We're taking a new look at our business strategy," he said. Net Newcomer Buys Two E-Zines A Houston company with an interest in a marine-protein producer last week acquired online magazines Word and Charged. The new owners plan to reopen the sites as part of the company's move into Internet commerce. Zapata Corp., which is acquiring the sites from Icon CMT, will also change its corporate name to Zap, according to Avie Glazer, president and CEO of Zap. Glazer said Zap plans to make other acquisitions to become an aggressive player in the electroniccommerce market. "We have a sizable war chest, in excess of $400 million. And that separates us from everyone else. We are not a startup. We are not a dreamer," he said. Under the deal, Zap has agreed to purchase at least $2 million of communications and technical services such as Web hosting from Icon CMT over four years.

To: MYWAYNY who wrote (342)	7/21/1998 7:07:00 PM
From: RJC2006	Read Replies (2) \| Respond to of 1206

You know, I probably should feel guilty but I don't. Not one bit as you assume that I was showing you no courtesy. The fact is you asked for a link. The link was in the original message. I went back and retested it and it worked. Now what would you have liked for me to do? No, don't answer that. I've had enough of your snottiness for one post. If you wanted the entire text all you would have had to do was ask me and I would have sent it to you private mail. But no, you'd rather throw stones and act like a spoiled brat.