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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (7045)	1/12/1999 1:37:00 AM
From: Mariah Smyth	Read Replies (1) \| Respond to of 90042

Tim and thread, DMIC any thoughts, i believe they report this month, still researching quote.yahoo.com

To: Tim Luke who wrote (7045)	1/12/1999 1:59:00 AM
From: AJ Berger	Read Replies (1) \| Respond to of 90042

Big E-Commerce News on tiny CODI & big Ted Turner Jr. biz.yahoo.com Monday January 11, 6:49 pm Eastern Time Compu-DAWN enters e-commerce with LocalNet buy CEDARHURST, N.Y., Jan 11 (Reuters) - Compu-DAWN Inc. (Nasdaq:CODI - news) said its newly-formed unit e.TV Commerce Inc. has bought the operating assets of privately-held LocalNet Communications Inc., for undisclosed terms. LocalNet Chairman Ted Turner IV has assumed the role of chairman for Compu-DAWN and e.TV, the company said. Jacksonville, Florida-based LocalNet is an Internet, e-commerce and telecommunications sales company. Most recently LocalNet launched an online shopping mall that includes Amazon.com Inc.(Nasdaq:AMZN - news) and K-Tel International Inc.'s K-Tel Records (Nasdaq:KTEL - news). The company also sells television set-top boxes. Compu-DAWN Chairman and Chief Executive Mark Honigsfeld has assumed the position of e. TV CEO and will continue as CEO and president of Compu-DAWN. The company said it will set up reserves of about $1.5 million as a charge against 1998 earnings. As part of completion of the deal, there was a partial satisfaction of a $1.8 million secured loan previously made to LocalNet by Compu-DAWN. Company spokesmen were not immediately available for comment.