INTERNET.COM KICKS OFF THE WEB'S FIRST INTERNET STOCK COMPETITION(WESTPORT, CT-May 18, 1999)-internet.com LLC today launched the "internet.com Stock Challenge", a series of monthly Internet stock competitions that will award participants up to a total of $2,000 in prizes each month. Free registration and official contest rules can be found at http://stockchallenge.internet.com.
internet.com's 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). Once the competition begins, 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. When registering, players must also select the value of internet.com's ISDEX (a 100% Internet stock index featuring 50 leading companies) for the end of the challenge in the event of a tie. The current ISDEX value may be found at http://www.isdex.com. There will be one first place and one second place winner each month. The participant with the highest total percentage increase in portfolio value for the month will win the $1,500 grand prize and the second place winner will receive $500.
Monthly challenges begin on the first of each month beginning in June. The registration deadline for the June internet.com Stock Challenge is 11:59 pm eastern time, Monday, May 31, 1999. Trading begins on Tuesday, June 1. Players can enter trades at any time during the competition period, from June 1 through market close on Wednesday, June 30.
internet.com, the E-business and Internet Technology Network, includes 54 Web sites, 35 e-mail newsletters, 52 online discussion forums, and 52 moderated e-mail discussion lists for Internet industry and Internet technology professionals, Web developers and sophisticated Internet users. internet.com sites include InternetNews.com, which provides daily Internet-specific news; The Electronic Commerce Guide; ServerWatch; The Web Developer's Virtual Library, SearchEngineWatch and Jumbo. More than 1.6 million unique users generate over 40 million views monthly. Interested advertisers should contact Susan Leiterstein, Vice President and Publisher of internet.com, at [email protected] or (203) 341-2962. For e-commerce and licensing opportunities, contact David Arganbright, Vice President, Commerce and Licensing, at [email protected] or (203) 341-2858.
internet.com LLC, based in Westport, Connecticut, is a leading provider of global, daily news and information resources for the Internet community. internet.com LLC also publishes the ISDEX, a 100% Internet stock index featuring 50 leading companies. internet.com's global presence includes editions in Canada, the United Kingdom, Australia, Asia and Israel.
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All current internet.com LLC press releases can be found on the World Wide Web at http://www.internet.com/corporate/press.html.