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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: Jack Colton who wrote (12189)	2/5/1999 12:02:00 AM
From: Tim Luke	Respond to of 90042

Thursday February 4, 11:32 pm Eastern Time Egghead.com up on speculation - analysts SEATTLE, Feb 4 (Reuters) - Egghead.com Inc. rose in heavy trading Thursday on persistent speculation the Internet retailer could be a takeover target, analysts and traders said. Egghead rose 3-5/8 to 21-1/8 on Nasdaq volume of nearly nine million shares, compared with a daily average of 5 million. An Egghead spokesman, citing company policy, declined to comment. The rumors seemed to be fueled in part by an article in the online edition of Smart Money magazine that speculated Egghead.com, among others, might be a good fit with Internet retailing giant Amazon.com Inc (Nasdaq:AMZN - news). An Amazon.com spokesman also declined comment, but analysts said they doubted any such deal was in the works. ''If Amazon.com wanted to sell software they could go straight to Ingram Micro,'' the big distributor, said Ken Cassar, a retail analyst for Jupiter Communications. But he and others said Amazon.com likely would do more acquisitions in the future aimed at expand its offerings to more product categories and more geographic markets.

To: Jack Colton who wrote (12189)	2/5/1999 12:06:00 AM
From: Tim Luke	Respond to of 90042

Thursday February 4, 11:32 pm Eastern Time Egghead.com up on speculation - analysts SEATTLE, Feb 4 (Reuters) - Egghead.com Inc. rose in heavy trading Thursday on persistent speculation the Internet retailer could be a takeover target, analysts and traders said. Egghead rose 3-5/8 to 21-1/8 on Nasdaq volume of nearly nine million shares, compared with a daily average of 5 million. An Egghead spokesman, citing company policy, declined to comment. The rumors seemed to be fueled in part by an article in the online edition of Smart Money magazine that speculated Egghead.com, among others, might be a good fit with Internet retailing giant Amazon.com Inc (Nasdaq:AMZN - news). An Amazon.com spokesman also declined comment, but analysts said they doubted any such deal was in the works. ''If Amazon.com wanted to sell software they could go straight to Ingram Micro,'' the big distributor, said Ken Cassar, a retail analyst for Jupiter Communications. But he and others said Amazon.com likely would do more acquisitions in the future aimed at expand its offerings to more product categories and more geographic markets.

To: Jack Colton who wrote (12189)	2/5/1999 12:06:00 AM
From: Tim Luke	Read Replies (1) \| Respond to of 90042

Thursday February 4, 11:44 pm Eastern Time Lycos discussing selling stake to NBC, report says PALO ALTO, Calif., Feb 4 (Reuters) - Internet service Lycos Inc (Nasdaq:LCOS - news) is in talks about selling a sizeble stake to NBC, according to the Internet industry magazine Industry Standard, which reported the negotiations in its online edition Thursday. Although Lycos has acknowledged holding talks with ''every major media company,'' it has not provided details on any specific negotiations. The Industry Standard said talks focused on NBC buying a 25 percent stake in the company, in exchange for cash and promotional time on the NBC television network. Both companies declined to comment on the reports other than to say they have held frequent talks on a variety of potential Internet deals. ''We are constantly looking at opportunities in the Internet space,'' said a spokeswoman for NBC, which is owned by General Electric Co (NYSE:GE - news). Lycos is the second most visited gateway, or portal, to the Internet after Yahoo, and the only major portal other than Yahoo that remains independent. Speculation that it will partner with a big media company has been swirling since last month, when its rival Excite Inc (Nasdaq:XCIT - news) was acquired by AtHome Corp (Nasdaq:ATHM - news) in a multi-billion dollar deal.