SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES -- Ignore unavailable to you. Want to Upgrade?


To: QuietWon who wrote (410)12/6/1998 8:56:00 PM
From: MoneyMade  Read Replies (3) | Respond to of 15987
 
Xoom, Inc.



300 Montgomery St., Ste. 300
San Francisco, CA 94104
Phone: 415-445-2525
Fax: 415-445-2526

Web Site: xoom.com

IPO
INFORMATION

--------------------------------------------------------------------------------
Filing date: August 28, 1998
Expected IPO date: Week of Dec. 7

Exchange: Nasdaq
Proposed ticker: XOOM

Proposed offer price:
$9.00 to $11.00
Shares offered (mil.): 3.0
Offering amount (mil.): $30.0
Post-offering shares (mil.): 12.1

Underwriters:
Bear, Stearns & Co. Inc.; Deutsche Bank Securities

KEY NUMBERS

--------------------------------------------------------------------------------
Fiscal Year-End: December
1997 Sales (mil.): $0.8

1997 Income (mil.): $(3.1)

Employees: 39

KEY PEOPLE

--------------------------------------------------------------------------------
CEO: Laurent Massa
CFO: John Harbottle



Xoom is an Internet-based direct-marketing company. It offers a variety of free services, including e-mail, chat rooms, home pages, and clip art, to attract Web surfers to its community Web site. Xoom sends advertisements, retail offers, and newsletters to its members via e-mail on a weekly basis and offers an online travel service in conjunction with Camelot International. The offers include Xoom's proprietary and third-party products, such as computer software, accessories, and peripherals; consumer electronics; and clip art. The company, which generates sales from advertising as well as from electronic commerce, has created co-branded Web sites with Phillips Publishing, USA Today, and ZDNet, among others. Prior to a planned IPO, chairman Chris Kitze owns nearly half of the company.