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Technology Stocks : CNET: The Computer Network (NASDAQ:CNET) -- Ignore unavailable to you. Want to Upgrade?

To: Towntarget who wrote (882)	5/13/1999 12:14:00 PM
From: Apache Indian	Read Replies (1) \| Respond to of 1133

I sold cause it was not acting too good. Of course they were my May Calls. But I dint recycle them into June which I planned on doing. Great inital reaction on the NBCi deal. When the details came public, Cnet went down. I think CNet gave too much away in this deal. Only 12% holding in NBCi. If NBCi is valued at 10 Bil some day it would mean 1 billion in marketable securities for CNet. Big deal. Why does XOOM get 34% stake in the new company ? What does it bring to the table ? The X factor of being a part owner in Snap is gone. The comparison with Yahoo and unlimited upside is now gone, I think the uncertanities of what is left behind in Cnet, and where we shold value it now will have a toll on the stock price. I may be wrong like I am on many occasions.