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To: esecurities(tm) who wrote (36)	12/17/1998 10:37:00 AM
From: lebo	Respond to of 571

Re: AOL & CBS and the whole industry To everyone, when convergence comes into play, the internet needs distribution via TV into America's homes-it almost won't matter anymore what "CBS" or "NBC" means- people will choose which programs they want to watch, when, and how much "support" or "related info" they want via the internet simultaneously- I guess there won't be TV networks as we know them today- The most important fact is that right now, the internet guys need CBS and NBC and the likes - to get into people's homes (en masse) and cars (radio) - in the near future- CBS will need them! CBS, technically, would be the best route for AOL to buy or partner with-- CBS are the largest TV broadcaster (as far as reach/markets) in the country

To: esecurities(tm) who wrote (36)	12/19/1998 10:54:00 AM
From: esecurities(tm)	Read Replies (1) \| Respond to of 571

Raging Bull indicating end of net IPOs for 1998. INTERNET IPO'S DONE FOR YEAR... "The IPO of content aggregator InfoSpace.com (INSP) on Tuesday marked the end of the Internet IPO season for 1998. InfoSpace.com closed up 33% on its first day of trading. While it wasn't a phenomenal first day gain for an Internet issue, the company had raised their offering price to $15 vs. an original $10 target and added an additional one million shares. On Friday, shares in InfoSpace.com surged to close at $37 3/8. We will have to wait until early 1999 to see the planned IPO's of women's online community iVillage and financial news site CBS Marketwatch.com..." source: © 12/18/98 9:49 PM Raging Bull's CyberStock Investor Report - Issue 1.21