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Technology Stocks : IDT *(idtc) following this new issue?* -- Ignore unavailable to you. Want to Upgrade?

To: rjee who wrote (8593)	5/28/1999 6:02:00 PM
From: blankmind	Read Replies (1) \| Respond to of 30916

remember may? ton of 30's call options purchased, and then nada. we sunk. and sunk big. of course we did have big news in may, just the timing was bad. hopefully this portends more news and higher prices. to see oi you can go to this site: cboe.pcquote.com

To: rjee who wrote (8593)	5/28/1999 6:47:00 PM
From: Hawaii60	Read Replies (1) \| Respond to of 30916

Read this from Matt Ragas at Ragingbull.com cyberstock report: A few months ago in this report I discussed the possibility of traditional media giant NBC bundling its various Web properties and Internet investments into a separate unit that I dubbed NBC.com. While NBC never announced an "NBC.com IPO", it achieved the same result earlier this month with news that it plans to merge several Internet assets, including its CNet (CNET) joint venture Snap.com, with publicly traded community site Xoom.com (XMCM) to form NBC Internet, or NBCi. NBC will likely end up with a 53% stake in the combined company, effectively creating its own public Internet acquisition vehicle. Talk about a smart move by NBC chief Bob Wright. The merger allows NBC to skip the tedious and drawn out task of filing for an initial public offering, which would have taken months. Instead, the company grabbed its own Internet currency in less than 24 hours. NBCi Takes Aim At CBS The news must have been a strong blow to CBS chief Mel Karmazin and his company's lofty Internet aspirations. After all, it was Karmazin who announced back in a February conference call to analysts that he was considering a plan to spin off CBS's Web assets into a publicly traded company. Well, we're now in late May and have yet to see CBS move on those plans. Instead, Karmazin has watched as Wright and General Electric (GE) chief Jack Welch deftly beat CBS to the punch. NBC can spend its new Internet currency on further Web acquisitions - Karmazin can't. To make matters worse, it was Karmazin who told a conference in late February that he would like to buy NBC's network programming assets. NBC executives snickered at the statement, and Federal Communications Commission regulators scoffed at the idea. My advice to Mel: Focus on catching up to the Web first. Not only does CBS have NBC's Internet unit to worry about, but there are a number of other off-line media companies that have indirectly jumped into the same game. ragingbull.com Then read this: cbs.marketwatch.com and tell me what you think.