INTERNET.COM STOCK CHALLENGE WINNER RACKS UP 53.78% RETURN IN JANUARY COMPETITION
(New York, NY--February 15, 2000)-- internet.com (Nasdaq: INTM), the E-Business and Internet Technology Network, today announced the winners of the January 2000 internet.com Stock Challenge. Mary Christensen of Washington, Michigan earned first place with a total return of 53.78%, and runner up Ronald Freydberg of New York achieved a total return of 44.69%. Nearly 4,000 players participated in the virtual Internet stock competition.
The monthly internet.com Stock Challenge allows investors to create and monitor simulated portfolios of leading Internet stocks such as Yahoo! (Nasdaq:YHOO), DoubleClick (Nasdaq: DCLK), Amazon (Nasdaq:AMZN) and America Online (NYSE: AOL). Participants create a virtual portfolio based on any stock listed in internet.com's InternetStockList (http://www.internetstocklist.com) which participants can buy, sell or short. The participant with the highest total percentage increase in portfolio value for the month wins the $1,500 grand prize. The runner-up receives $500. Free registration and contest information can be found at (http://stockchallenge.internet.com).
While the February 2000 internet.com Stock Challenge is currently in progress, participants can register for the March competition. Registration will end 11:59 pm eastern time, February 29, 2000. Trading begins on Wednesday, March 1, 2000. Players can trade at any time during the competition period, from March 1 through market close on March 31.
The internet.com Stock Challenge is part of internet.com's Internet Stocks Channel/VC (http://www.internetstockschannel.com), a leading online source for information about Internet stocks, finance and venture capital.
internet.com Corporation (Nasdaq: INTM; http://www.internet.com) based in New York, NY, is a leading provider of global real-time news and information resources for Internet industry and Internet technology professionals, Web developers and experienced Internet users. internet.com operates a network of 97 Web sites, 74 e-mail newsletters, 101 online discussion forums and 75 moderated e-mail discussion lists with over 2 million unique visitors that generate more than 90 million page views monthly. Total "views", which include Web site page views, e-mail newsletter views and e-mail discussion list views, are now over 150 million per month. internet.com's global presence includes editions in Arabia, Asia, Australia, Canada, China, France, Germany, Israel, Japan, South Africa and the United Kingdom. In addition, internet.com with its related internet.com Venture Fund I and Venture Fund II is an investor in a growing number of business-to-business content sites and related Internet media properties.
Interested advertisers should contact the Ad Sales department at [email protected] or (203) 662-2962. For e-commerce and licensing opportunities, contact David Arganbright, Vice President, Commerce and Licensing, at [email protected] or (203) 662-2858.
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All current internet.com Corp. press releases can be found on the World Wide Web at (http://www.internet.com/corporate/press.html).
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding internet.com Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see internet.com's reports filed with the Securities and Exchange Commission pursuant to the Securities Act of 1933 and the Securities Exchange Act of 1934. The forward looking statements included herein are made as of the date of this press release, and internet.com assumes no obligation to update the forward looking statements after the date hereof.