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Technology Stocks : ZD Inc., Ziff-Davis (ZD) -- Ignore unavailable to you. Want to Upgrade?


To: Maverick who wrote (478)3/14/1999 9:28:00 PM
From: jeff greene  Respond to of 855
 
Also of note, Vulcan Ventures, the Paul Allen-led investment organization has agreed to pay $50 mil for approx. 3mill unregistered shares of ZD. This is in addition to the $54 mill Vulcan Ventures has already invested for its one-third share in ZDTV. A member of Vulcan Ventures, William Savoy, has been extended an offer to join the board of ZD.

This information is from MorganStanleyDW , dated 2/8/99. In addition, I noticed over the weekend, Mr.Allen, cofounder MSFT, owns Charter Communications, a fast growing cable TV operator. Maybe Mr. Allen has an indication of value and the future importance of interactive television.

Regards,
Jeff