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Technology Stocks : BACKDOOR, an IPO> IDTC,BRKT,BNYN,KLOC,NAVR -- Ignore unavailable to you. Want to Upgrade?

To: DAVID C. DeANGELIS who wrote (496)	4/9/1999 3:13:00 PM
From: Leedm	Read Replies (1) \| Respond to of 954

Thursday April 8, 8:12 pm Eastern Time Kushner-Locke's I-business IPO bound - Biz Week NEW YORK, April 8 (Reuters) - The Internet business of Kushner-Locke (Nasdaq:KLOC - news), a maker and distributor of feature films, could make a splash with an initial public offering, according to a report in the April 19 issue of Business Week magazine. The company owns 80 percent of a Web-based operation called 1-800-U.S. Search, which could be heading toward an initial public offering later this summer. One Internet analyst says that based on the valuation of Marketwatch.com, which posted revenues of $70.3 million in 1998, 1-800 U.S. Search could command a price of 30 a share," the report said. Meanwhile, it has signed a $5 million pact with Lycos Inc. (Nasdaq:LCOS - news) for its Search unit to provide users of Lycos Network the ability to do searches via the 1800ussearch.com portal, Business Week said.