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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (6266)5/5/1999 12:04:00 PM
From: KevinThompson  Read Replies (2) | Respond to of 57584
 
Noticed something interesting that I saw on Briefing.com.

It is a bad sign when an internet IPO doesn't begin trading at least 100% above it's IPO pricing. Lately many Inet IPO's have been seeing less and less of an opening day pop. BUT, today really takes the cake. CDOT, an internet operated real estate information company, did not even begin trading at their IPO price. In fact, they are currently trading down a point below their pricing ($14 -$1).

I'd say this is a pretty bad day for internets alright. Just another signpost.

Regards,
KT



To: Rande Is who wrote (6266)5/5/1999 12:51:00 PM
From: BANCHEE  Respond to of 57584
 
Rande
For those in NAVR.....news

5/05 11:06 Fix-It Utilities 99 Number One Selling Utility At Navarre Corporation; 2nd Highest Selling Productivity Title

MINNEAPOLIS (May 5) BUSINESS WIRE -May 5, 1999--Today Mijenix
Corporation announced that Fix-It Utilities 99, the new competitor to
Norton Utilities and Nuts and Bolts, is the number-one selling utility
at Navarre Corporation (Nasdaq NMS: NAVR), one of the nation's most
successful computer and music distributors. Fix-It Utilities 99 is also
Navarre's No.2 selling productivity product.

In addition, Mijenix announced yesterday that Fix-It Utilities 99 is
outselling the regular Nuts and Bolts 98 product in retail sales,
according to the latest PC Data Research weekly sales data.

"Fix-It Utilities 99 is selling at a phenomenal pace, with customers
like Costco and CompUSA ordering significant unit volumes," stated Ian
R. Warfield Vice President and General Manager, Computer Products
Division of Navarre. "Mijenix has come out with a great seller, and we
look forward to continued success with the line".

"Navarre is doing an incredible job marketing this product, and we're
extremely pleased with their efforts," said Alex Eckelberry, executive
vice president of Mijenix Corporation.

Fix-It Utilities 99, a new general-purpose utility for Windows 95, 98
and NT competes with Symantec (NASDAQ: SYMC), IMSI (NASDAQ: IMSI),
TouchStone Software Corporation (TSSW) and Network Associates (NASDAQ:
NETA) product offerings. About Navarre Corporation

Navarre Corporation operates one of the first "business to business"
Internet E-Commerce web sites navarre.com and provides
fulfillment for both traditional and E-Commerce retailers. Navarre
Corporation's major business groups are: Computer Products Division
which publishes and distributes quality consumer software to retailers
nationwide; Independent Music Distribution which is the major
distributor of independent music labels in the United States and now
Canada; ARM which distributes major label music to non-traditional
retail outlets; DVD Home Video distribution; and the majority-owned
subsidiary NetRadio Network which is the premier Internet radio network
featuring 120 channels of originally programmed audio content at:
netradio.net(TM), and its online stores CDPoint
(http://www.CDPoint.com(TM)) About Mijenix

Privately held Mijenix Corporation, based in Boulder, CO, develops and
markets award-winning personal and enterprise software products that
dramatically enhance the operation of Windows systems. Well-known
titles include ZipMagic 98 and FreeSpace, both compression products
using patent-pending on-the-fly compression/decompression; and
PowerDesk Utilities 98, an award-winning file manager for Windows 95,
98 and NT.

In March of 1999, the company released Fix-It Utilities 99, a utility
for Windows 95, 98 and NT, and plans to release several other utility
solutions, including enterprise and desktop products.

The company's products have won numerous accolades, including awards
from PC World, Windows Magazine, PC Week, PC Magazine, Byte Magazine
and the SIA. For more information, contact Mijenix Corporation at
303-245-8000, 800-MIJENIX or visit www.mijenix.com.

All brand or product names mentioned are trademarks or registered
trademarks of their respective holders.

-0- clg/cgo@

CONTACT: Mijenix
Sarah Grossman, 212/373-4730

sarah@sspr.com
or

Navarre
Ian R. Warfield, 800/728-4000

KEYWORD: COLORADO MINNESOTA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED Today's News On The
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