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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Michael Berkel who wrote (22298)	1/18/1999 5:25:00 PM
From: puborectalis	Respond to of 120523

Posted at 6:58 p.m. PST Sunday, January 17, 1999 @Home may play sugar daddy and take over Excite BY CHRIS NOLAN Mercury News Staff Writer GOOD fences might make good neighbors. But it takes a group of enterprising venture capitalists to turn neighbors into a unified Internet play that could rival America Online. The latest series of rumors to sweep the portal business -- will they never end? -- has Excite Inc. being bought by @Home Corp., the high-speed Internet access company. And while no one at Excite or @Home is talking, the rumor is a neat one from a number of different perspectives. First, the two companies are side-by-side neighbors in Redwood City. They were also both bankrolled at their beginnings by venture partners at Kleiner Perkins Caufield & Byers. John Doerr -- generally credited with putting together AOL's purchase of Netscape -- sits on @Home's board. His partner, Vinod Khosla, is a member of Excite's board. ''It's all in the KP family,'' said one of Excite's competitors who, like Excite employees, had heard talk of the deal. The two companies' businesses complement each other nicely. While @Home has stressed its ability to connect people quickly to the Internet, it's not considered as strong in the content business. Being able to offer @Home customers a starting point like Excite might be a way to keep @Home subscribers, er, at home. Excite, for its part, needs viewers. With Infoseek melding into Walt Disney Co., Netscape absorbed by AOL, and Yahoo held up by Softbank's financial support, Excite stands to lose even more ground in the portal wars. And if Lycos is bought -- by Bertelsmann or by Microsoft, just to mention two other rumors -- Excite will really need an easy way to get customers delivered to its site. ''Excite needs a sugar daddy,'' said the rival. That's something that @Home can be almost immediately. In mid-February, after AT&T purchases cable giant Tele-Communications Inc., AT&T becomes @Home's largest shareholder. AT&T Worldnet, a standard Internet service provider, offers Excite an existing group of dial-up customers. @Home offers Excite a group of technically sophisticated -- and usually upper income -- households. ''I can believe it,'' said one venture capitalist who had not heard rumors of the deal. ''I think AT&T will buy a portal,'' he said.

To: Michael Berkel who wrote (22298)	1/18/1999 5:28:00 PM
From: puborectalis	Respond to of 120523

Finance Home - Yahoo! Top:Business and Finance:Stocks:Technology:Computer Services:LCOS (Lycos, Inc.) Help - Add to My Yahoo! - Sign Out if athm buys xcit, lycos is moving up even more by: jgf8u 17854 of 17854 I read the article and it does indeed seem to indicate the strong possibility of athm buying xcit, if so lycos will go to unchartered new highs . The frame of thought will be on who will buy or team up with lycos the other remaining relatively cheap portal. Notice that when I say cheap I can't include yahoo in that category since its market capitalization is greater than that of boeing. I think this is a good time to buy lycos at its current price although I think Lycos could open at 95 or more at the opening of the bell on Tuesday . Latin America did well on Monday, as well as Asia, and most of Europe, I can't imagine wall street or the internet sector having a bad Tuesday tomorrow. Good luck to all Lycos investors.

To: Michael Berkel who wrote (22298)	1/18/1999 8:00:00 PM
From: Teri Garner	Read Replies (2) \| Respond to of 120523

Yes, NITE is a company with solid balance sheet AND earnings. Robbie Stephens wrote a very bullish report on NITE and it's position to grow as online trading proliferates. Revenues for 99 are expected to be around half a billion. This is from a recent press release: >>''The on-line Internet trading has been fueling our growth since Knight Securities, Inc., began in July, 1995. Between October and December 1998, Knight experienced a 58% growth in total transactions,'' commented Walter Raquet, Chief Operations Officer of Knight Securities, Inc. ''We execute nearly half of all the Internet equity transactions and the majority of our transactions come from the Internet,'' added Raquet.<<