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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO. -- Ignore unavailable to you. Want to Upgrade?

To: .com who wrote (308)	11/18/1998 9:27:00 PM
From: Don Savage	Read Replies (2) \| Respond to of 3198

Just out surfing the internet and found this! winbet.sci.fi Don S.

To: .com who wrote (308)	11/19/1998 9:30:00 AM
From: RikRichter	Read Replies (1) \| Respond to of 3198

IBD features DRIV in today's New America column! Bidding 14 3/4 pre-market: Message 6478601

To: .com who wrote (308)	11/22/1998 12:22:00 PM
From: Ron Harvey	Respond to of 3198

Message #308 has the news announcement about Digital's contract with Anything Internet. There's an interesting and (so far) little known parallel between the TSQD/DRIV relationship and the Anything Internet relationship with a penny OTC company: BANY. Anything Internet will shortly (they think Dec.) become a publicly traded company on the BB. Here's a condensed statement from the CEO of BANY, a company selling for $.50 and which owns 33% of Anything Internet: "On September 2, 1998, Banyan announced it had acquired 1 million shares of Common Stock, a 33% minority interest, in Anything Internet. Anything Internet is a privately held computer retailer specializing in Internet-only sales of computer hardware, software and peripheral products. Sales at Anything Internet have grown from zero to over $300,000 a month in less than one year. Anything Internet anticipates continued strong growth in revenues well into the foreseeable future. . . . Within the next few weeks Anything Internet will submit the necessary documents and applications to market makers and the National Association of Securities Dealers (NASD) to authorize trading of its Common Stock on the OTC Bulletin Board. At the time its stock commences trading, Anything Internet will have approximately 3 million shares of Common Stock issued and outstanding. Anything Internet's peer companies that are currently publicly traded are valued, on average, at about 12 times gross annual revenues. If Anything Internet trades at just half of that valuation, Banyan would have a book value notably higher than current market prices. Additionally, Anything Internet is proving to be an excellent source of sales for Banyan's products to end consumers and businesses." BANY could be one of those little guys that soars (a la TSQD) when publicity about Anything Internet's public debut generates interest. And BANY has a PR firm with a strong self-interest in moving the stock. The last few months of news items make for interesting reading, I think, and encouraged me to buy some BANY on Friday.