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Non-Tech : VVTV - VALUEVISION INTL INC -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (23)	11/27/1998 12:03:00 PM
From: Louis Cornell	Read Replies (1) \| Respond to of 36

Wake up folks! VVTV has a stake in a coming web IPO...

To: Paul Senior who wrote (23)	11/27/1998 1:36:00 PM
From: Louis Cornell	Respond to of 36

Also, from VVTV's 10-K In March 1997, the Company acquired a 15% interest in Net Radio Corporation ("Net Radio") for an aggregate purchase price of $3 million, consisting of $1 million in cash and a commitment to provide $2 million in future advertising. Net Radio is a music and entertainment site on the Internet. Navarre Corporation, a leading national distributor of music, computer software and interactive CD ROM products, owns the remaining 85% of Net Radio. The Company's 24-hour per day shopping program is currently being carried by Net Radio. This investment allows ValueVision to establish a foothold in providing electronic commerce on the Internet. Additionally, ValueVision has been granted exclusive rights for most merchandise categories to be made available in Net Radio's program marketplace.