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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (8157)5/6/1999 10:13:00 AM
From: whitephosphorus  Read Replies (1) | Respond to of 52051
 
ACTV in Fortune Magazine

pathfinder.com



To: Stock Watcher who wrote (8157)5/6/1999 10:26:00 AM
From: VINCENT MALGAPO  Read Replies (2) | Respond to of 52051
 
BKS ipo news out. $300 Milllion offering (inside) Target $50-60 2wks.

Thursday May 6, 9:35 am Eastern Time

Company Press Release

barnesandnoble.com Files Amended Registration
Statement With the Securities and Exchange
Commission for Initial Public Offering

Sales Up 259% in March Quarter

NEW YORK--(BUSINESS WIRE)--May 6, 1999-- Barnes & Noble, Inc. (NYSE: BKS - news), the nation's largest bookseller, and Bertelsmann AG, today announced the filing of an amended registration statement with the Securities and Exchange Commission (SEC) for an initial public offering (IPO) of Class A Common stock in barnesandnoble.com
(http://www.bn.com).

The online company will offer approximately 18 percent, or 25 million, of its shares to the public by a syndicate of investment
banks led by Goldman Sachs and Merrill Lynch. The shares will be offered at an estimated $12 per share for a total offering of
$300 million. When publicly traded, the stock will be listed on the NASDAQ national market under the symbol ''BNBN.''

The amended statement includes first quarter 1999 results (ended March 31) for barnesandnoble.com. Sales for the quarter were $32.3 million, an increase of 259% from the comparable 1998 quarter, and a 25% increase from the fourth quarter 1998. barnesandnoble.com's 1999 first quarter loss was $20.2 million. More than 450,000 new customers shopped for the first time at barnesandnoble.com during the quarter, bringing the total customer count to more than 1.7 million. The affiliate network now exceeds 120,000.

Additionally, Media Metrix, Inc., the leader in Internet audience measurement, has revised its WWW Audience Ratings for March 1999 updating barnesandnoble.com's reach to 4.810 million unique visitors or 7.8% of all Web users. This corrected rating, which will be reflected in their April 1999 report, makes barnesandnoble.com the fourth largest shopping site and a top 30 Web site.

As previously announced, the proceeds of the IPO will be used for expansion, including new systems and distribution initiatives, as well as acquisitions. Leonard Riggio, chairman and CEO of Barnes & Noble, Inc., will serve as chairman of barnesandnoble.com. Jonathan Bulkeley will be chief executive officer and will report to Mr. Riggio. Marie Toulantis, former chief financial officer of Barnes & Noble, Inc., today was appointed chief financial officer of barnesandnoble.com. They are joined by a seasoned management team experienced in direct marketing, fulfillment and bookselling.

Although the amended registration statement has been filed, it has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities law of any such state.

Contact:

Investor Contacts: Marie Toulantis
Chief Financial Officer
barnesandnoble.com
(212) 414-6000 - or -
Kathryn Koessel
Vice President, Investor Relations
barnesandnoble.com
(212) 414-6016
Media Contacts: Mary Ellen Keating
Senior Vice President
Corporate Communications
Barnes & Noble, Inc.
(212) 633-3323 - or -
Ben Boyd
Vice President, Communications
barnesandnoble.com
(212) 414-6014



To: Stock Watcher who wrote (8157)5/6/1999 10:29:00 AM
From: dexx  Read Replies (1) | Respond to of 52051
 
Stock Alert on DDEQ.

I am issuing a stock alert on DDEQ.

A highly reliable source has told me that very strong news is expected today on DDEQ.

DDEQ is the owner of GoProfit.com which will be the First-to-Market Multi-language Financial Search Engine. GoProfit.com is partnering with, and will be powered by, major Internet portal provider (INKTOMI - Nasdaq: INKT).

According to those close to the GoProfit.com project, GoProfit.com has the potential to "blow away CBS Marketwatch."

Please keep this stock on your watch lists. See profile of DDEQ below.

Diamond Equities, Inc. (ticker: DDEQ)
2010 E. University Drive, Suite 3
Tempe AZ 85281
(602) 921-2760
(602) 921-2757 - Fax
________________________________________

-DDEQ is FULLY REPORTING and current on all SEC filings.

-Currently trading at around $2.00.

-Outstanding shares 4.6 million (fully diluted including series B stock
is about 22.6 million)

-Float about 1,100,000

-In 1996, DDEQ sold off their telephone business for $2.4 million

-In 1997, the name changed to Diamond Equities since they are targeting
acquisitions

-Diamond Equities is a holding company with two subsidiaries

- In 1998 DDEQ acquired Precision Plastics Moulding

- In 1999, DDEQ acquired GoProfit.com, the world's first
multi-language financial search engine which is going to
be powered by portal giant Inktomi.

- GoProfit.com scheduled to be fully operational this month.

-READ THE MARCH 25TH PRESS RELEASE FROM INKTOMI showing GoProfit as a
major new customer.

- biz.yahoo.com

-Inktomi listed GoProfit as one of their eight new customers in this Inktomi press release.
____________________________________________________

Again, according to those close to the GoProfit.com project, GoProfit.com has the potential to "blow away CBS Marketwatch."

One other thing. The only way to get pre-IPO shares of GoProfit.com is to own DDEQ stock.

Dexx