To: Mr. Big who wrote (49752 ) 1/31/1999 10:38:00 PM From: puborectalis Respond to of 119973
So MSFT owns 10% of TUTS.Also note that ZDNET IPO comes out the week of Feb.22........................................................................ZDNet is an online business division and is a leading provider of technology-related content to Internet users worldwide. ZDNet focuses on content, community and commerce. ZDNet creates real-time, authoritative and comprehensive branded content divided broadly into "channels" that focus on specific topics or audience groups. ZDNet's network of over 60 interconnected sites offers over 800 news stories per month, 39,000 product listings, 30,000 product reviews and 12,000 downloadable programs. The community of ZDNet users interacts through bulletin boards, chat rooms, moderated forums and e-mail. ZDNet facilitates commerce by providing users with the ability to evaluate, compare and purchase products and services and by providing advertisers and merchants with access to a highly targeted user group with attractive demographics. According to Media Metrix, in October 1998 zdnet.com ranked first among all Web sites in the category of news, information and entertainment, ahead of such sites as cnet.com, cnn.com, snbc.com, Disney Online and espn.com. ZDNet estimates that its Web sites served more than 185 million page views during October 1998, up from 105 million in October 1997. ZDNet delivered approximately 386 million ad-bearing pages during the third quarter of 1998, up from 182 million during the same period of 1997. In addition, ZDNet had localized editions in more than 16 countries as of September 30, 1998. The growing acceptance of the Internet as a mass medium parallels the increasing role of technology in everyday life. According to Dataquest, the worldwide market for information technology products is expected to be approximately $1 trillion in 1998 and grow 10% to 15% annually over the next five years. The prevalence of technology and the growing number of technological choices heighten the demand for up-to-date, comprehensive information about technology-related products and services. ZDNet derives many benefits from its relationship with ZD, including the ability to leverage the ZD brand, access content from ZD publications and cross-market across all of ZD's platforms. ZDNet's revenue has grown from $13.6 million in 1995 to $32.2 million in 1997 and was $37.6 million in the first nine months of 1998.