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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: Rock_nj who wrote (15295)	11/23/1998 5:06:00 PM
From: HiSpeed	Respond to of 119973

Any guesses on where XMCM will open? from Briefing: XOOM.COM INC (XMCM): Another high-profile Internet IPO is expected to be unleashed on the market within the next several weeks. Last Wednesday, Xoom.com filed an amended S-1/A Registration Statement proposing an initial $9 and $11 offer range. Bear Stearns will serve as lead-underwriter of the 3 million share offering. Xoom.com is a provider of Internet direct marketing services. The company attracts members to its community site with a variety of free services, including homepages, e-mail, chat rooms, clip art and software libraries and online greeting cards. Upon registration, members agree to receive periodic offers of products and services via e-mail. Each e-mail contains directions for removal from Xoom.com's address list, should the member wish to stop receiving offers. Media Metrix ranked Xoom.com the second fastest growing site on the Web measured by online reach in the first half of 1998 and the thirteenth most trafficked site in September 1998. The company currently derives approximately 70% of its revenues from e-commerce. The company was incorporated in April 1996, and began generating revenue in the first quarter of 1997. Since March 1998, Xoom.com has acquired three businesses: Paralogic Corp, Global Bridges Technologies and Pagecount, Inc. Competition in the Web-based communities space includes Tripod Inc (a subsidiary of Lycos), GeoCities (GCTY), theglobe.com (TGLO) and WhoWhere Inc. (another Lycos subsidiary). Common Stock Outstanding: 12.1 mln shares Market Cap: $109-$133.1 mln Revenues: 1997= $0.42 mln; 1998= $4.87 mln Gross Margin: 1997= 51%; 1998= 59% *Net Loss: 1997= $(0.57); 1998= $(0.89)