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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: opey who wrote (1910)	3/15/1999 12:42:00 PM
From: Technologyguy	Read Replies (3) \| Respond to of 28311

This news means GNET is a big time company in the digital universe. It will be the portal for all of Paul Allen's cable ventures and will have the resources to do all the e-commerce ventures they ever envisioned. There will be great synergy between GNET and Allen's other investments. This is the best news possible.

To: opey who wrote (1910)	3/15/1999 12:47:00 PM
From: Jenne	Respond to of 28311

CNBC considering financial portal Plans underway to revamp Web site into a hub for stock trading. By Steven Vonder Haar, Inter@ctive Week March 15, 1999 5:16 AM PT The CNBC cable channel, extending NBC's push for media convergence, is readying plans to launch a revamped version of its Web site that aspires to become an online hub for stock trading. The financial news television network, which now uses its site primarily to promote on-air programming, will overhaul its online offering to incorporate access to historical stock charts and graphics along with direct links to online stock trading services, said CNBC President Bill Bolster. Once the site launches, CNBC will integrate references into its programming that direct viewers to tools and services available online. "This is the first stage of convergence," Bolster said. "We want to give viewers a site where they can take action on what they're seeing on the TV screen." No timetable has been set for the launch of the revamped site, although the overhaul is expected to take effect within the next few months. In January, NBC purchased a 9.9 percent stake in online financial data provider Telescan and said it was in negotiations to integrate Telescan data into NBC-owned services. Bolster last week said Telescan will be a key provider of historical stock chart information offered on the CNBC service. NBC driving e- commerce The Web overhaul at CNBC reflects broader moves by NBC to build television properties that can use programming to drive increased usage of electronic commerce. Last week, for instance, NBC and its sister General Electric unit, GE Capital, agreed to buy stock and warrants equivalent to 19.9 percent of ValueVision, the nation's third largest home shopping channel. With renegotiations pending on distribution deals with cable operators within the next 12 months, NBC will try to negotiate broader distribution deals for ValueVision, which now reaches 21 million homes nationwide. Within a year, NBC plans to rebrand ValueVision under a new name and marry it with an online portal that could benefit from the channel's on-air promotion, according to Tom Rogers, president of NBC Cable. New ways to purchase NBC may pair ValueVision with the Snap navigation hub it owns with CNet(Nasdaq:CNET), but the company has yet to reach a final decision on a portal partnership, Rogers said. "This is about contemporizing the way people purchase," Rogers said. "The combination of television and the Internet can change the way electronic commerce is talked about."