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Strategies & Market Trends : e-Commerce the Next 100 Months...... -- Ignore unavailable to you. Want to Upgrade?


To: TLindt who wrote (1773)11/23/1998 7:44:00 AM
From: Steve Antonelli  Read Replies (1) | Respond to of 2882
 
Good to see 9 grand and close to a 5 grand profit in the portfolio.... As a thought, should we brainstorm a list of say 5-10 stocks that become the real core of this portfolio? These would be stocks that should not be sold unless there is a significant negative development down the road relative to a core holding.

I know CKFR classifies as one of your core holdings.... How about XCIT and RNWK as a couple more? Is this a strategy that the group wants to take?



To: TLindt who wrote (1773)11/23/1998 3:13:00 PM
From: M. Frank Greiffenstein  Respond to of 2882
 
Digital River Signs Online Distribution Partnership With BUYDIRECT.COM

Business Wire - November 23, 1998 14:42

MINNEAPOLIS/SAN FRANCISCO--(BUSINESS WIRE)--Nov. 23, 1998--

Companies Team To Offer Largest Selection Of Digital

Software Available From Any Software Retailer

Digital River (NASDAQ: DRIV), the leading distributor in electronic software delivery
(ESD) with over 131,000 software titles from over 1,300 publishers, today announced a
distribution partnership with BUYDIRECT.COM, a leading online retailer of software
products for consumers and small businesses. Through its partnership with Digital River,
and other sources, BUYDIRECT.COM will expand its selection of digital files - with
access to more than 200,000 by early next year.

"Our relationship with Digital River furthers our mission to provide small businesses and
consumers with the fastest way in the world to buy software," said William Headapohl,
President and COO of BUYDIRECT.COM. "The agreement underscores Digital River's
ability to provide the most expansive database of electronic software files."

"We are excited to help BUYDIRECT.COM extend their product offering," said Joel
Ronning, CEO of Digital River. "As a pioneer in retailing electronically delivered software,
BUYDIRECT.COM will continue to provide online consumers with more choice for fast
delivery of software to the desktop."

About BUYDIRECT.COM

Based in San Francisco, California, BUYDIRECT.COM is a leading online software
retailer, featuring Windows(R), Macintosh(R), and Handheld(R) software products for
consumers and small businesses. The company specializes in software programs that can
be delivered electronically over the Internet, and also offers a complete selection of titles
that can be shipped directly to consumers' homes and offices. With its unique Web site
design, and strategic relationships with @Home Network and CNET,
BUYDIRECT.COM
offers the fastest way in the world to select and purchase software. Since its inception in
1996, BUYDIRECT.COM has been a pioneer in retailing electronically delivered
software
- serving nearly 200,000 consumers and small businesses in more than 40 countries. The
company is an independent venture owned by its management and employees, CNET,
Inc., @Home Network and private investors. BUYDIRECT.COM can be found on the
Web at buydirect.com.

About Digital River(a)

Digital River, Inc. (NASDAQ: DRIV), based in Minneapolis, offers the world's largest
online database of software products. The company provides more than 2,000 software
publishers and online dealers with its proprietary technology for Internet delivery of more
than 131,000 software and other digital products. Tech Squared Inc. (OTC Bulletin
Board: TSQD) controls 19 percent of Digital River's common stock. For more information
visit the Digital River Web site at digitalriver.com.

(a) Except for the historical information contained herein, this press release contains
forward-looking statements, including statements containing the words, "believes,"
"anticipates," "expects" and similar words. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors which may cause the actual
results,
performance or achievements of the Company, or industry results, to be materially
different from any future results, performance or achievements expressed or implied by
such
forward-looking statements. Such factors include, among others: the Company's limited
operating history and variability of operating results; market acceptance of electronic
software delivery; the Company's ability to maintain relationships with software publishers
and online retailers; competition in the electronic commerce market; and other risk
factors referenced in the Company's public filings with the Securities and Exchange
Commission.

CONTACT: Jodi Baumann Karen Blondell
Digital River Technology Solutions, Inc.
612-253-8396 212-320-2267
jbaumann@digitalriver.com kblondell@tsipr.com

Rebecca Perata-Rosati
BUYDIRECT.COM
415-835-9194
beccap@buydirect.com