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To: re3 who wrote (54305)	4/30/1999 1:24:00 PM
From: Glenn D. Rudolph	Respond to of 164684

FOCUS-MarketWatch.com expands with chart service SAN FRANCISCO, April 29 (Reuters) - MarketWatch.com Inc. <MKTW.O> on Thursday said it agreed to buy financial Web site BigCharts Inc. in a $166 million deal, joining a wave of publicly traded Internet companies using their high stock prices to make acquisitions. The BigCharts deal adds to online news provider MarketWatch.com's competitive position as a provider of tools for online investors. BigCharts itself runs one of the top 10 financial sites and also provides content to a number of the leading online brokers. "We believe that BigCharts is one of the best in the business at producing useful, attractive and efficient tools for investors," said MarketWatch.com president and chief executive Larry Kramer. The transaction is valued at approximately $160 million in stock and $6 million in cash. MarketWatch went public earlier this year, raising nearly $50 million in cash and watching its market value soar 450 percent on its first day. The deal with BigCharts briefly pushed down the value of MarketWatch's stock by as much as $3.63 on Thursday, as investors weighed the prospects for earnings dilution. But the shares closed off just $1.13 at $72.50 on Nasdaq. "It's a bit of a frothy price to pay but they are getting one of the premier financial sites, and the have to be aggressive," said Steve Harmon of the online report Internet.com. In recent days, a wave of Internet companies have used their stock to make acquisitions both to expand their Web site content build their audience. Amazon.com Inc. <AMZN.O> has gone on an acquisition binge, taking over auction site Livebid.com, antiquarian bookseller Bibliofind.com and online music memorabilia company musicfile.com. Ebay Inc. <EBAY.O>, meanwhile, acquired the biggest West Coast auction house, Butterfield and Butterfield. "Right now everybody's getting consolidation fever," Harmon said. "It will get even more competitive and values will go even higher, because there aren't that many good properties out there." For MarketWatch (http://www.marketwatch.com), the deal adds content and traffic, bringing BigCharts' 1 million unique visitors a month, along with stock charting and portfolio-type online software that investors use. "They add value to information through packaging and interactive tools (to MarketWatch's financial news)," Kramer said. "By combining these businesses we have the opportunity to create a dominant company by substantially increasing our audience reach and pursuing multiple revenue streams." (Dick Satran, San Francisco office, 415-677-2500)

To: re3 who wrote (54305)	4/30/1999 1:54:00 PM
From: H James Morris	Read Replies (2) \| Respond to of 164684

Howard, this $money that they're tossing is called liquidity. When my father arrived in Canada in 1950. He arrived with $100. My mum, sister and me, came over 6 months later when he had saved enough to bring us over. When my oldest daughter graduated from university I bought her a brand new BMW 3281c. When I gave it to her, I told her about my trip from Montreal to Calgary in a covered wagon. I still didn't get any respect.:-)))) Ps Did you know that in my home town of Seattle, There are more $millionaire's under 30 per capita, than any other part of this country? Do you think they'll catch up to me.??

To: re3 who wrote (54305)	4/30/1999 2:26:00 PM
From: Lizzie Tudor	Respond to of 164684

I'm trying to get some books on the actual lifestyle of the middle class (such that it was) at the turn of the century. I think there was a lot of money sloshing around. Ford's $5. day was unheard of for factory workers - what about the middle management I wonder. The problem is it is always the extremes that are documented, the colossal fortunes made and then the unfortunate (mine workers etc) but nothing in-between. We are all the in-between people here (except WH) j/k