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Technology Stocks : XOOM [XMCM] -- Ignore unavailable to you. Want to Upgrade?

To: Jenne who wrote (462)4/12/1999 9:05:00 PM
From: Tod Skinner  Read Replies (2) | Respond to of 687
 
Can anybody verify what Cramer's reporting in the street.com as of 5:12 today:

Second was the tease takeover of Xoom.com (XMCM:Nasdaq). Xoom just did a secondary on Friday. The buzz around it, which continued today, was that the company could be acquired. The company did nothing to discourage this talk. But just now we learned that whatever talks there were just ended short of a deal.




To: Jenne who wrote (462)4/12/1999 9:19:00 PM
From: Gary105  Respond to of 687
 
not counting on it but it would make good fit. combination would approach xcit in viewers, but would have market cap of $3 billion less given todays prices. in addition to viewers cnet would acquire sophisticated marketing software.

still think keys to success are viewers and accelerating growth of viewers and expanding e-commerce....everything else will fall into place.


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