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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?

To: Steve Smith who wrote (348)	2/1/1999 2:40:00 PM
From: Steve Smith	Read Replies (1) \| Respond to of 779

Bought some MXNT at 1 1/4. steve

To: Steve Smith who wrote (348)	2/2/1999 4:17:00 AM
From: Mark[ox5]	Read Replies (1) \| Respond to of 779

I just want to re-enforce to those with cash available, about CNET. I have used this site many times... in the past.. part of it is almost like a Consumer reports for computer/electronic equipment. But very detailed and with many great articles. Also, it is part owner of SNAP! Here is an article today, the chart looks great - maybe due for a small pullback, but only 6M float and $2B cap... could be a buyout candidate as the report says. Please consider it.. Also, it is reporting Wednesday (I dont usually like to hold stocks throuhg earnings but CNET along with TBFC are PROFITABLE INTERNET COMPANIES) If I had cash Id be in.. but Im tied up for the next week or so. So hopefully someone on the board can take advantage of it. cbs.marketwatch.com CNET up on takeover TALK, IPO role By Steve Gelsi and Thom Calandra, CBS MarketWatch Last Update: 5:36 PM ET Feb 1, 1999 NewsWatch SAN FRANCISCO (CBS.MW) -- Shares of CNET gained 12.3 percent Monday as investors prepared for a stock offering that might benefit the company. Investors also speculated the technology content provider is a takeover target. "Is the company takeover-able?" said Keith Benjamin, Internet analyst at Robertson Stephens in San Francisco. "Yes. Does the stock deserve to be here? Yes." Benjamin sees the company earning 12 cents a share for the fourth quarter and 55 cents for all of 1999. Another analyst who tracks the San Francisco company told CBS.MarketWatch.com that CNET (CNET) is heating up on speculation that a media company may be trying to buy it, but there's no word of any particular suitor. The analyst also pointed out that CNET's stake in Internet gateway Snap, which is partially owned by NBC, could be up for grabs. Benjamin at BancBoston Robertson Stephens says CNET, a Web pioneer, is one of the few Web companies turning a profit these days. CNET's market capitalization of a little more than $2 billion is reasonable, given the soaring valuations of other Internet companies, he said. See Thom Calandra's StockWatch. "The commerce side of their business has kicked in remarkably," Benjamin said. Another factor for the stock's run-up, investors are speculating, is CNET's roughly 8.5 percent stake in Vignette, an Austin, Texas-based Internet software specialist. Vignette is preparing to launch an initial public offering. Vignette registered for an IPO last fall and filed additional paperwork with the Securities and Exchange Commission on Monday. Shares of CNET gained 12 7/8 to 117 7/8 on Tuesday. On Friday, shares rose $15.44 to $105. CNET is scheduled to report earnings on Wednesday. The company also will present its story to investors in San Francisco on Wednesday. Analysts that track the company expect CNET to post fourth quarter earnings of 12 cents per share, up from a 69-cent loss in the year-ago period. CNET officials did not return phone calls on Monday.