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

To: Jack Russell who wrote (43558)	1/14/1999 9:13:00 PM
From: Logistics	Read Replies (1) \| Respond to of 119973

XMCM From Market Watch::: NewsWatch SAN FRANCISCO (CBS.MW) -- Xoom.com shares leaped nearly 26 percent Thursday after the Internet-based direct marketing firm struck sponsorship deals with eBay and several other Web site companies. Xoom.com (XMCM) shares ballooned 9 13/16 to 47 15/16 on heavy volume of 3.28 million shares. <Picture>Breaking NewsStocks drop as Brazil panics AMD hit by weak profitsConsumer spending surges Kodak profits come in under estimatesSlow boats: Money manager has 'emMore top stories...CBS MarketWatch ColumnsUpdated: 1/14/99 6:22:54 PM ET<Picture> Under the deal, Xoom.com will place eBay, the popular auction site, on its own Web properties. Xoom.com offers free Web space, chat rooms and e-mail service to members, who number about 5.6 million. "Xoom.com's [membership], which includes a large audience that is already interested in conducting transactions online, will be able to bid on more than 1 million auctions in over 1,000 categories on eBay every day," said Steve Westly, eBay's vice president of marketing and business. The high-flying eBay (EBAY) jumped 9 13/16, or 4.6 percent, to 225 5/16. GoTo.com, meanwhile, will become the sole search engine on the Xoom.com sites. And Buydirect.com, a software retailer, will be placed on Xoom.com's e-commerce navigation bar and become an official partner of Xoom.com's software store. Xoom.com will also include links to its new partners in direct e-mail newsletters to members and will put them in banner rotation throughout Xoom.com's Web properties. See press release.