Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?

To: Wayne Rumball who wrote (6768)	2/23/1999 3:45:00 PM
From: Don Lachot	Respond to of 11130

ININ internet news: February 23, 1999 03:32 PM BOCA RATON, Fla.--(BUSINESS WIRE)--Feb. 23, 1999--International Industries, Inc. ININ announced today they have purchased 98% of Goldonline.com. The acquisition was made for an undisclosed amount of cash and stock from Internet Expressions Company of Westport, CT. Goldonline.com is a one-stop, premiere online jewelry store and is a fully secured e-commerce site. The company will be adding online jewelry auctions which will include watches and other luxury jewelry items. It is expected the format will be similar to other interactive Internet auction sites such as the one run by eBay(Tm) EBAY . Management's decision to make this purchase was based on two major considerations. First, they feel this will produce an immediate revenue stream to the company. Second