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

To: Stephen Adnan who wrote (486)	4/13/1999 7:23:00 PM
From: Lance	Read Replies (1) \| Respond to of 687

I agree 100%! This stock will see much higher levels! There is no doubt about it, I'm holding tight to my shares.

To: Stephen Adnan who wrote (486)	4/13/1999 10:43:00 PM
From: Alex MG	Respond to of 687

Stephen, I agree. I played GNET for the split at $100 a sh. When it split I had 1k sh. I sold like a schmuck at $56. Thought I could get back in lower. Never did. The headline that came out today "XMCM Failed to Reach Agreement" was a great buying opportunity as some panicked and sold. I added a few at $87. I think XMCM has more potential to go up on it's own merits than if it got bought out now at these levels. It's truly undervalued compared to rest of sector. From MSCBC arcticle... " Compared to other Web wonders, Xoom's stock is cheap. It's currently trading at less than $150 per registered user, compared with more than $1,100 for GeoCities and more than $3,400 for Amazon.com. With a total market value of less than $1 billion, analysts say even companies that lack a high-flying Internet currency, like NBC, Time Warner or even Compaq Computer, could afford to buy much or all of Xoom for cash." IN A RECENT filing with the Securities and Exchange Commission, Xoom even confirmed that it has held talks with a third party about taking a stake in the Internet firm, but so far those talks haven't lead any where. “I don't think Xoom.com will stay independent forever. What they're doing is building something that will be of tremendous value to one of the Internet hubs that's developing right now,” said Catherine Skelly, vice president, Blue Stone Capital brokerage firm. That “something” is an Internet-based direct-marketing company that provides users with free services. Web visitors get personal home pages and online greeting cards. In exchange, the users give permission to be solicited by e-mail for products Xoom wants to sell them. Currently Zoom has about 7 million registered members. Approximately 1 percent of those people became buyers; they purchase an average of 2.2 items a year. Last year that added up to sales of just $841,000. Sales are expected to top $24 million this year and $60 million in the year 2000. “As they build their member profiles and learn more about the interests and histories of their members and flesh out their product categories, they will be able to direct market to their members effectively,” said Skelly. In a recent regulatory filing, Xoom said it has “recently had preliminary discussions with one party with respect to a possible major investment in us that could have resulted in a change of control.” And the company added, “We may engage in discussions relating to similar transactions in the future.” On Tuesday, Xoom said that those talks had failed to produce a deal because of a disagreement on terms. People familiar with Xoom say the mystery company was Snap, the Internet portal partly owned by NBC. (NBC and Microsoft jointly operate MSNBC.) Observers say buying Xoom would make sense for Snap in the same ways made sense for Yahoo: The move would provide access to an instant and rapidly growing “community” of loyal users. For NBC, which has expressed interest in using the Internet for selling products directly to viewers, there is the added attraction of Xoom's direct marketing expertise and burgeoning mailing list. “The list is of value to anyone who's looking at direct marketing on the Web — whether that is a traditional direct marketer who is looking to more effectively market on the Web or a Web initiative looking to build an e-commerce component,” said Paul Noglows, digital media analyst, Hambrecht & Quist.