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Technology Stocks : About.com (BOUT) -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (159)	3/30/1999 8:31:00 PM
From: Bedrock	Read Replies (1) \| Respond to of 438

PR Newswire - March 26, 1999 09:43 SARASOTA, Fla., March 26 /PRNewswire/ -- Renaissance Capital senior analyst Ken Fleming told StockHouse.com, in a featured interview, that an imminent takeover of MiningCo.com (Nasdaq: MINE) is "not out of the question" and that Comcast "could be" considering MiningCo.com as a "top portal site, a flagship site." Fleming's comments about a mix between cable companies and Internet portals suggests more acquisitions could be expected when, he said, "a lot of people look at the cable companies as a delivery mechanism for the Internet." Later in the StockHouse.com interview, he added, "It makes sense and the media names certainly add credibility to the Internet deal." When asked about additional acquisitions by major companies of Internet startups, Fleming responded, "They realize it's very difficult to do it yourself. So you have to get into the ones that are there already or you're going to get left behind." Fleming confirmed that there is a scramble for major companies to snap up Internet IPOs, helping to explain why there are such strong runups in the early days and weeks after an Internet company goes public.