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Strategies & Market Trends : STEAMROLLER'S DAYTRADES -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (1448)11/25/1998 7:32:00 PM
From: STEAMROLLER  Respond to of 1561
 
Books-A-Million stock surges after Web site news

Reuters Story - November 25, 1998 19:27

By Nicole Volpe

BIRMINGHAM, Ala., Nov 25 (Reuters) - Shares of Books-A-Million Inc. surged on Wednesday after the regional book
retailer said it revamped its Web site, offering steep discounts that seem to undercut Amazon.com Inc., the online leader.

Shares of Books-A-Million, with 172 stores in the southeastern United States, jumped $8.56 to $12.94, making the issue one
of the biggest gainers on the Nasdaq. Volume was more nearly 33 million shares.

The company's stock is the latest to rally amid the pre-holiday excitement surrounding online retailing this year. Selling books
online has been one of the proven successes of electronic commerce, and Amazon.com has been one of the best-performing
stocks on the market, up 320 percent this year.

The Books-A-Million site, (www.booksamillion.com), offers discounts of up to 46 percent, through its Millionaire's Club
Discount Card, on books that are bestsellers in its retail stores.

By contrast, Amazon.com, the leading online bookseller, offers discounts of up to 40 percent on selected titles.

Books-A-Million also promises cardholders 37 percent discounts on all other in-stock hardcovers and 28 percent off all
in-stock paperbacks. "Through our Web site, we hope to extend this franchise to a broader audience," Books-A-Million Chief
Executive Clyde Anderson said in a statement, referring to the Internet's national or even global reach. "We believe we can
bring the diversity and excitement of our retail stores to the Internet, and we will be continuing to add new products and
features in the months ahead," Anderson said.

At least one analyst was skeptical that the price cuts and other features of the site, such as editorial comment around the
books, justified the enormous surge in the stock price.

"I do think this is overdone. It has me perplexed," said Maureen McGrath, a Salomon Smith Barney specialty retail analyst,
who pointed out the company's Web site was not entirely new, and that the company's primary focus remained on its
brick-and-mortar chain stores.

"I don't think this means 150 percent," said McGrath, who called the run on the stock a knee-jerk market reaction, referring to
the price move at the time of the interview.

"This business costs them money, and I don't think it will add to their earnings for a couple of years. They are a four-wall retail
business that is not performing to expectations," she said.

Still, McGrath acknowledged that there were "some nice enhancements" to the site including prices that seem competitive with
those offered by Amazon.com and Barnes & Noble Inc. .

The company was not immediately available for comment.



To: Wayners who wrote (1448)11/25/1998 7:36:00 PM
From: STEAMROLLER  Respond to of 1561
 
NetRadio Network Announces Partnership With Muze to Provide Music
Information

Business Wire - November 24, 1998 15:47

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MINNEAPOLIS--(BUSINESS WIRE)--Nov. 24, 1998--NetRadio Network (http://www.netradio.net), the leading provider
of original audio content on the Web and a majority-owned subsidiary of Navarre Corporation (Nasdaq:NAVR), extends its
role as the preeminent music site on the Internet by announcing a partnership with Muze, the leading source for interactive
music information.

The agreement provides NetRadio's online music store, CDPoint(TM) (http://www.cdpoint.com), access to the Muze
database by providing CDPoint customers information on over 200,000 pop and classical album titles. The database includes
information such as artists' career facts, album ratings and album release dates.

NetRadio plans to integrate Muze information with CDPoint, a leading online music retail site, to further develop NetRadio
Network's innovative "content-enabled" commerce, or C-Commerce(TM) business model.

"The partnership with Muze allows our customers to listen to, research and buy music directly from our site, which strongly
supports our C-Commerce strategy, while providing customers with a one-stop music shopping site," said David Witzig,
NetRadio's vice president of content & commerce development. "NetRadio can now say with certainty that we provide our
listeners with the most complete listen, click and buy music experience."

"We are excited to be working with the company that pioneered the first Internet-only delivery network for streaming audio
content," said Anthony Laudico, CEO of Muze. "NetRadio has demonstrated unique expertise in delivering a fully integrated,
net-based entertainment and marketing platform for interactive multimedia content, products and services. Muze is delighted to
have been chosen to enhance their ability to recommend and deliver music products to its audience."

About NetRadio Network

Headquartered in Minneapolis, Minn., NetRadio Network (http://www.netradio.net), a majority-owned subsidiary of Navarre
Corporation (Nasdaq:NAVR), produces and delivers custom music, information and original programming to the global
Internet community on a 24-hours-a-day, 7-days-a-week continuous basis. NetRadio was the first Internet-only radio network
and is currently the world's largest on-demand Webcaster of originally programmed audio content, with over 150 channels of
on-demand music and information. Winner of RealNetworks' 1998 Streamers Award for "The Best RealAudio(TM) Net-Only
Radio" Web site, NetRadio routinely generates every month well over three million visits from around the world.

About Muze

Founded in 1991, Muze is the leading provider of digital information, marketing support and technology to a who's who of
online and traditional music, book and video retailers, including the following: Amazon.com, Barnes & Noble, Best Buy, Big
Star Entertainment, Blockbuster, Borders Group, Camelot Music, CDnow, Columbia House, Harmony House, Hastings,
HMV, Music Boulevard, The Musicland Group, National Record Mart, Tower Records, Trans World, Virgin Mega Stores
and The Wall. Muze's in-store information systems for music, books and movies, and its advanced digital audio previewing
technology, can be found in over 13,000 locations throughout North America. In recent years, Muze has leveraged its position
as a respected independent authority for information about books, music and movies with best-of-breed database and Web
technology to offer totally customizable, searchable and integrated solutions to its traditional and online customers. Prominent
investors include John Kluge and Stuart Subotnik, partners of the privately held Metromedia Company, and Bob Weir of The
Grateful Dead.



To: Wayners who wrote (1448)11/25/1998 7:38:00 PM
From: STEAMROLLER  Respond to of 1561
 
Spyglass has no reason for stock jump

Reuters Story - November 25, 1998 19:34

CHICAGO, Nov 25 (Reuters) - Internet software provider Spyglass Inc. said it knew of no reason for a 30 percent gain in its
stock value on Wednesday.

"We've made no announcements and we have no news coming out today," a spokeswoman at Spyglass's Naperville, Ill.
headquarters said.

Shares of Spyglass closed up 5-3/4 at 24-3/4.

Rumors have circulated for several days that Spyglass may shortly announce an alliance with a major computer company.
Options traders on Tuesday said call volume had been heavy and one options analyst said it, "trades like a takeover stock."

Spyglass chief financial officer Gary Vilchick on Tuesday declined to comment on the rumors and attributed the strong
performance in the stock to General Instruments Corp.'s purchase of a 5 percent stake in Spyglass last month and to
Spyglass's improving financing situation.



To: Wayners who wrote (1448)11/25/1998 7:43:00 PM
From: STEAMROLLER  Respond to of 1561
 
-OPEN MARKET: Open Market announces new modular packaging to
provide lower entry-level price

Presswire - November 25, 1998 14:15

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M2 PRESSWIRE-25 November 1998-OPEN MARKET: Open Market announces new modular packaging to provide
lower entry-level price starting at $45,000 (C)1994-98 M2 COMMUNICATIONS LTD

Open Market, Inc. (NASDAQ: OMKT), a leading provider of Internet commerce and information publishing software, today
unveiled new packaging for enterprises desiring a phased approach to implementing their Internet commerce strategies
Available immediately, customers can now select only the modules of Open Market's award-winning Internet commerce
software, Transact, and its industrial- strength catalogue software, LiveCommerce, they need today while easily leveraging
more of the solution's rich functionality in the future as their online business grows.

"Through our four years of experience, we have helped numerous pioneers implement successful online businesses. Successful
Internet commerce is often implemented in phases: 'show it, buy it and flaunt it.' With our new modular packaging, companies
can easily start at phase one and grow as their requirements dictate. For many, phase one involves creating an online catalogue.
Phase two includes capturing orders, processing transactions, and integrating with enterprise business systems. Phase three
includes advanced applications such as offering commerce services to your distribution channels," said Alan Cornwell, vice
president, EMEA, Open Market, Inc.

Open Market's suite of commerce applications will now enable a broader range of companies to take advantage of the same
proven solutions that are powering some the world's most successful sites for companies including Acer, America Online,
Analog Devices, BusinessWeek, Consumers Union, Ingram Micro, and RealNetworks.

The Open Market suite of commerce applications provides many advantages over popular tool kit approaches. Some of these
advantages include a lower cost of ownership than developing and supporting a custom-built system. leveraging the "best
practices" of the Internet commerce pioneers who's experiences have gone into the development of LiveCommerce and
Transact. and a much faster time-to-market with an out-of-the-box, proven application.

Suite of Commerce Applications The Open Market suite of commerce applications consists of base systems to cover the
phase one and phase two needs of customers in a number of industries such as manufacturing, distribution, and publishing,
among others. Phase three needs are addressed in a series of add-on modules. The base systems include the LiveCommerce
base catalogue system and the Transact base commerce system.

The LiveCommerce base catalogue system is a complete, dynamic catalogue with the customer's branding and products
built-in. The base system includes: * Catalogue templates for rapid deployment * Hierarchical and rich text search *
Comparison tables

The advanced add-on modules include: * Parametric search * Personalised cataloguing

The Transact base commerce system provides complete commerce functionality and is offered in three models to support
physical-, digital- and subscription-based businesses. They can work with the LiveCommerce base catalogue system or with
any other content application. Each Transact base commerce system includes: * Secure shopping cart * Order system *
Self-service order status

The advanced add-on modules include: * Advanced customer service * Digital coupons * Real-time credit card payment and
tax calculation

In addition, the base physical commerce system provides a physical goods shipping module for real-time calculation of shipping
costs and links to shipper sites. the base digital commerce system provides an access manager for regulating access to digital
content; and the base subscriptions commerce system provides a complete customer registration subsystem, subscriptions
billing system, and an access manager for subscription content.

Pricing and Availability The Open Market suite of commerce applications is immediately available. Pricing for the
LiveCommerce base catalogue system starts at $45,000; the Transact base commerce system for physical goods and the
Transact base commerce system for digital goods each start at $65,000; and the Transact base commerce system for
subscriptions starts at $80,000.

About Open Market Founded in 1994, Open Market, Inc. (Nasdaq: OMKT) provides high-performance application
software products and professional services that allow its customers to engage in business-to-consumer and
business-to-business Internet commerce, information commerce, and commercial publishing. Among Open Market's
distinguished roster of global customers are five of the world's ten-largest telecommunications firms and more than 700
publishers. The company, headquartered in Burlington, Massachusetts, with offices in the UK, France, Germany, Holland,
Italy, Japan and Australia can be reached by calling +44 (0)171 4208500 or by visiting openmarket.com.

This news release contains forward-looking statements that involve a number of risks and uncertainties. Among the important
factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the
company's limited operating history, delays in product development, development of the Internet market, changes in product
pricing policies, competitive pressures, international business expansion, and the risk factors detailed from time to time in the
company's periodic report$ and registration statements filed with the Securities and Exchange Commission.

Open Market, Transact, LiveCommerce and We ARE Internet Commerce are trademarks or registered trademarks of Open
Market, Inc. in the United States and other countries. All other names are used for identification purposes only and may be
trademarks of their respective owners.



To: Wayners who wrote (1448)11/25/1998 7:45:00 PM
From: STEAMROLLER  Read Replies (2) | Respond to of 1561
 
16:10 ET Banyan Systems (BNYN) --UPDATE-- 8 -15/16. Consistent with our 11:11 ET update, Banyan says
they may spin off www.switchboard.com next year, according to reports from Bloomberg news. A spinoff would
involve issuing shares in Switchboard, Inc. to BNYN shareholders, according to the CFO. No mention of a takeover,
which Briefng.com views as unlikely.