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Technology Stocks : Mpath Interactive, Inc. (MPTH) -- Ignore unavailable to you. Want to Upgrade?

To: Kevin who wrote (85)	4/29/1999 4:48:00 PM
From: Greg S.	Read Replies (2) \| Respond to of 243

Well the Internet sector has an awful lot of support at these levels, and is due for a major rally by my reckoning. A number of securities bounced back big time at the close, signalling a pretty strong open tomorrow. Hopefully MPTH will continue to rocket up in the wake of this rally .. -G

To: Kevin who wrote (85)	4/29/1999 5:16:00 PM
From: M CAHILL	Respond to of 243

This might be a good long term hold given Sony plans to sell 50 million Playstation 2 consoles that can also access the internet... in the next couple years. See artilce below. SNE is Stock of the Day at fabmktbabe.com 4/19/99 Given that everyone is beginning to get negative on tech, now that after about two weeks time the entire industry is apparently up in the air, I thought I would provide a bit of a different spin on the whole issue, notably on a company that is seldom thought about. That being none other than Sony. Here's why. Perhaps one of the most important factors to realize with regards to the industry is that the price of a PC and the price of game machines are beginning to converge in terms of the speed of the box and what can run on it -- i.e.functionality. And this is significant because... Most people that go on the 'net do so to play a few games, surf the web, use e-mail and perhaps a few basic programs. That's about it. In other words, most people don't need the functionality to run AutoCAD on their machine or some arcane Quickbooks program. Now here's where Sony comes in. While most of us think of this company as the maker of that infamous Walkman, or, if we were chasing after the next "thing" in tech, the minidisk guys, the fact of the matter is that this company stands out amongst the crowd for the following reason: Unlike other Japanese companies that have fallen for a number of reasons and stayed there, SNE has transformed itself from a low margined consumer electronics giant into a high margined interactive entertainment giant. Here are the specifics. While it would be tough to imagine the world without a Playstation and its 64-bit technology, which, incidentally is three years old and twice the speed of the current 32-bit standard across the industry, Sony has decided to not rest on its laurels. That is, SNE is coming out with a 128-bit Playstation which will not only run games, but will be Internet enabled. Very cool. And that would be because... The 128-bit processor, when it comes out at year end, will be light years ahead of what is out there now in 32-bit land. Not to mention that the INTC 64 bit processor won't be out until 2001. As to why you should care, try this one on for size: It is not Web TV. (More on that later). Getting back to my original point though, it is also significant to highlight that this new toy, when debuted, will be coupled with hundreds of titles from which to choose from. Something which, incidentally, should be contrasted with the low double digit number of titles that Sega will be rolling out in conjunction with its competing toy when it debuts. Not to mention that the SNE system is rumored to be DVD enabled. Very, very cool. So, as this is wrapped up, one final distinction needs to be made. That is, why this is not WebTV - Part II. Web TV, for anyone that has attempted to use it, is, to be quite kind, slow, awkward to use and not enabled for broadband access. Enough said. So, in closing, here's something to think about: The future of low cost PC's may not be with CPQ, INTC or ever FreePC.com, but it might be with Sony. I'll leave it up to you to chew on that for a while.

To: Kevin who wrote (85)	4/29/1999 5:22:00 PM
From: JSB	Respond to of 243

AMZN trading up after hours. Maybe the sell off is over.

To: Kevin who wrote (85)	4/29/1999 8:42:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 243

Mpath nearly triples in first trading day Kevin: Just ran into this over at CNET> ============================= By Bloomberg News Special to CNET News.com April 29, 1999, 4:00 p.m. PT (update) MOUNTAIN VIEW, California--Mpath Interactive, which develops technology that lets Web sites create interactive communities for real-time games and other activities, almost tripled in its first day of trading after an initial stock sale. California-based company rose 32.63 to 50.63 as 8.65 million shares changed hands on the Nasdaq. At the closing price, Mpath has a market value of $1.08 billion. The company yesterday sold 3.9 million shares, or an 18 percent stake, at $18 each, raising $70.2 million. Mpath's products let Web site users communicate with each other almost instantly through graphics, text, music, and voice, the company said in its IPO filing with the Securities and Exchange Commission. Such an environment entices visitors to remain at a site for longer periods, giving advertisers more time to reach consumers. "This is a company that is at the top of its game when it comes to interactive" software, said Ben Holmes, president of IpoPros.com, a Boulder, Colorado-based research boutique that specializes in initial public offerings. Businesses are coming to rely more on the Web for their communications and will find Mpath's technology increasingly useful, Holmes said. "The technology has a much broader use than has ever been realized before." The company licenses its technology to companies such as Electronic Arts and Gtech Holdings. It also runs its own Web sites, which attract about 80,000 visitors a day who use the sites for an average of 300 minutes per month, Mpath said in its IPO filing. The company lost $12 million on revenue of $8.03 million last year, compared with a loss of $13.7 million on revenue of $2.73 million in 1997.