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Pastimes : Business Wire Falls for April Fools Prank, Sues FBNers -- Ignore unavailable to you. Want to Upgrade?

To: broken_cookie who wrote (246)	4/28/1999 11:59:00 AM
From: Mighty_Mezz	Read Replies (4) \| Respond to of 3795

Ticker spamming. - Here's an example of Business wire's practice of ticker spamming to get max coverage on a useless little BB stock. from today's release at go2net.newsalert.com MOUNTLAKE TERRACE, Wash.--(BUSINESS WIRE)--April 28, 1999-- Consolidated Data (OTC BB: CSDD) Wednesday announced that the company and YourBank Online.com will be featured on the Emerging Company Report TV Program, the nationally syndicated television program which profiles emerging-growth companies (http://www.emergingcompany.com). The interview will be aired this Friday to Sunday on cable stations throughout the United States. YourBank Online.com , recognizing business models like Yahoo (Nasdaq:YHOO), America Online (NYSE:AOL), Lycos (Nasdaq:LCOS), and Excite (Nasdaq:XCIT) will provide portal pass through to a variety of financial products such as: home mortgages, insurance packages, i.e. property, casualty, and life, and provide online trading in a similar manner as Charles Schwab (NYSE:SCH), and DLJ Direct (NYSE:DLJ) with the major difference being that the client will be able to electronically transfer funds using the YourBank software while maintaining security with the use of U.S. grade encryption of 128 bit-key (SSL) designed by Netscape Corporation (Nasdaq:NSCP). Consolidated Data which has begun marketing the online banking software to banks and credit unions offers financial partnership agreements that allow revenue sharing. Revenue from the portal pass through and fees will be split between the financial institutions and CSDD. The combined set up fees along with the continual portal pass through fees will allow Consolidated Data to achieve exceptional profitability. Consolidated Data with YourBank Online.com is positioning itself to be at the forefront of the internet technology revolution by being a leader and provider of E-commerce Solutions on a global basis. With stock prices jumping 125 percent in a quarter and growth rates of 70 percent, the virtual banking sector should continue its rapid growth as evidenced by Telebanc Financial (Nasdaq:NTBK) trading at $115 1/2, NetB@nk (Nasdaq:NTBK) trading at $172 1/8, and Security First Technologies Corp. (Nasdaq:SONE) trading at $120 1/2. Furthermore, the creation of the Nasdaq-Amex e-commerce index which is derived of companies that derive either all or a significant part of their revenue from online commerce which includes bookseller Amazon.com (Nasdaq:AMZN), brokerage firm Ameritrade Holding (Nasdaq:AMTD), bookseller Barnes & Noble (NYSE:BKS), software producer BroadVision Inc. (Nasdaq: BVSN), music seller CDnow Inc. (Nasdaq:CDNW), broker E-Trade Group (Nasdaq:EGRP), auctioneer eBay (Nasdaq:EBAY), computer products seller Egghead (Nasdaq:EGGS), Micro Warehouse (Nasdaq:MWHS), grocer Peapod (Nasdaq:PPOD), Preview Travel (Nasdaq:PTVL), retailer ONSALE (Nasdaq:ONSL), E4L (NYSE:ETV) and Hollywood Entertainment Corp. (Nasdaq:HLYW), indicates that internet growth should continue at a record pace. Whew! Did they get enough names in there? What's next, statements like, "Employees of xxxx drive cars manufacured by F & GM, and buy their gas from the local XON and Chevron stations."? SPAMSPAMSPAM, i say! ...Mezz, predicting BW is going to be very sorry they ever filed suit.