To: kgreen who wrote (44393 ) 5/23/1999 3:21:00 PM From: kathyh Read Replies (11) | Respond to of 90042
have not followed tjob, limited info on yhoo... opened at 21 3/16, then down from there... it does look like it is seeing a bit of a turnaround since the low at 10 a few days ago... the one and only ipo i've been involved in is onem... it opened around 46, is now 20... it had good fundamentals and is very undervalued, but don't know if it will ever recover... my onem experience makes me personally want to shy away from tjob, but of course i do not know much about it... good luck with it, kath... kathy :)TOPJOBS.NET (Nasdaq:TJOB) - More Info: News Last Trade May 21 · 11 Change -3/16 (-1.68%) Prev Cls 11 3/16 Volume 200,100 Div Date N/A Day's Range 11 - 12 Bid 11 1/8 Ask 11 1/4 Open 11 3/4 Avg Vol N/A Ex-Div N/A 52-week Range 10 - 21 3/16 Earn/Shr -0.68 P/E N/A Mkt Cap N/A Div/Shr N/A Yield N/A Thursday April 29, 8:01 am Eastern Time Company Press Release SOURCE: Hollinger International Inc. Hollinger International Announces an Investment In topjobs.net CHICAGO, April 29 /PRNewswire/ -- Hollinger International Inc. (NYSE: HLR - news) announces it has made a minority investment in the Initial Public Offering of topjobs.net plc (Nasdaq: TJOB - news), a leading UK-based Web site for recruitment advertising. Topjobs currently operates in the UK, Ireland and Switzerland and has expansion plans underway throughout Europe, Asia and the US. ''Topjobs is the kind of strategic investment Hollinger is targeting to strengthen our position in the online careers market,'' said Frederic R. Lebolt, Vice President of New Media for Hollinger International. ''We regard all categories of classified advertising to be within our core business, and investing in a rapidly growing company like Topjobs is an example of how we will take the necessary steps to ensure the long-term growth of that business.'' Hollinger International Inc. is a global newspaper publisher with English-language newspapers in the United States, UK, Canada and Israel. Included among the 87 paid daily newspapers that the Company owns are The Daily Telegraph, Chicago Sun-Times, The Jerusalem Post, Ottawa Citizen and National Post in Canada. In addition, the Company owns 273 non-daily newspapers, as well as magazines and other publications. Hollinger operates Web sites through all its major newspapers and owns the Canada.com national portal site and a variety of other specialized sites. Through its Hollinger Digital subsidiary, the company has also taken investment positions in various Internet-based companies. For more information on Hollinger International Inc., please visit our website at www.hollinger.com. SOURCE: Hollinger International Inc.