INTERNET.COM (923915) startet mit Neuer Rallye !!!!!

US-Boards sind mit Kurszielen von gut über 100$ vollgespickt

Sollte INTM dem Pfad von CMGI und ICGE folgen so ist sie definitiv einen zweiten Blick wert !

biz.yahoo.com/bw/000120/ct_interne_1.html

``It was an extraordinary quarter for internet.com,'' stated internet.com Chairman and CEO Alan M. Meckler. ``We continued to expand our multiple revenue streams. The acquisition of InternetNewsBureau.com, which provides online press distribution services, adds yet another significant revenue opportunity for internet.com as we expand our e-business service offerings. We also completed the formation of internet.com Venture Fund II LLC in November 1999. In addition, we continued to expand our world-class proprietary content. Our strategic acquisitions of LinuxToday.com, LinuxCentral.com and LinuxStart.com mark our commitment to the needs of the important Linux and Open Source communities. On December 1, 1999, we filed a registration statement for a proposed follow-on public offering of common stock to raise additional capital to continue the expansion of our business. We plan to use the net proceeds primarily for potential strategic acquisitions, venture capital investments and general corporate purposes. We are pleased that Chase H&Q, Robertson Stephens, U.S. Bancorp Piper Jaffray Inc. and William Blair & Company are managing the underwriting group for this offering.''

Acquisitions and International Expansion

During the fourth quarter, internet.com completed the acquisitions of: devWire.com (its network of sites include: ASPWire.com, CEWire.com, SQLWire.com and VBWire.com), InternetNewsBureau.com, LinuxStart.com, LinuxToday.com, LinuxCentral.com, SharkyExtreme.com and Solarisguide.com. Internationally, the Company launched Germany.internet.com and SouthAfrica.internet.com, bringing the total number of international editions to 11. A joint venture agreement was formed with VNU International to jointly operate local internet.com branded Web sites in the U.K., Scandinavia, Spain, France, Belgium, Germany, The Netherlands and Italy. The two companies plan to work together to launch additional internet.com country-specific Web sites in the near future. In addition, a content agreement with Yahoo! Asia, Yahoo! Singapore and Yahoo! Hong Kong was announced in November. In January 2000, internet.com announced plans to launch additional international sites in Korea and Taiwan. These acquisitions, international expansion and continued organic growth have increased total monthly views for internet.com's network of Web sites and related Internet media properties to over 150 million.

Venture Fund Investments

internet.com Venture Fund I LLC and internet.com Venture Fund II LLC continued to expand their portfolios of early stage business-to-business content Internet companies. Venture Fund I made the following investments during the fourth quarter: AuctionRover.com, GoPDA.com network, BuyBuddy.com and workz.com. Venture Fund II made the following investments during the fourth quarter: AdvertisingConcepts.com, B2BExplorer.com, FoodService.com, Gourmetnet.com, HowStuffWorks.com, Jinvestor.com, LatinVision.com, LawBooks.com, List-Universe.com, Milesandpoints.com, NationalContractors.com, Psylum.com and the-sticks.com. internet.com will continue to follow the path of CMGI (Nasdaq: CMGI - news) and Internet Capital Group (Nasdaq: ICGE - news) with the added benefit of being a public operating company in the Internet space that also extends value to its stockholders by having a successful Internet venture capital arm.

New Content Areas and Services

During the fourth quarter, internet.com continued to expand its world-class proprietary content with the launch of the following internally developed sites: InternetEmailList.com, InternetTradeShowList.com, CLEC-Planet.com (Competitive Local Exchange Carrier), JavaScript.com and the re-launch of InternetStockReport.com and InternetShopper.com. In addition, boston.internet.com and dc.internet.com were created to cover the rapidly growing Internet and Internet venture capital activities in these two significant cities. internet.com plans to roll out sites to serve other metropolitan areas in the coming months. In January 2000, internet.com announced the addition of three new Internet content channels, bringing the total number of channels to 12. The most notable addition is the Linux/Open Source Channel, which integrates internet.com's LinuxToday.com, LinuxCentral.com, LinuxPlanet.com and the recently acquired LinuxStart.com and JustLinux.com Web sites. This additional channel was created as a result of internet.com's expanding coverage of Linux and Open Source technology. Other new channels include the Windows Internet Technology Channel, a robust collection of Windows resources, and the Internet Lists Channel, a starting point for online directories relevant to the Internet industry.

E-Commerce Agreements and Offerings

internet.com continued to expand its e-commerce partners with the addition of: Advanced Commerce Technologies, Inc., AdvertisingConcepts.com, Cyveillance, DXSTORM.com, ePromos.com, Fax4Free, 411Now.com Business Association, iRaves.com, Nexchange.com and ScreamingMedia during the fourth quarter. ``We have experienced tremendous success with our growing Commerce Partner Program and these additions continue to demonstrate that internet.com is ripe with opportunities to increase traffic, strengthen brands and generate commerce revenue for our partners,'' said Alan M. Meckler.

About internet.com

internet.com Corporation (www.internet.com), based in Darien, CT, 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 90 Web sites, 71 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.

Due to the proposed follow-on public offering of its common stock, internet.com will not hold a conference call to discuss its fourth quarter 1999 financial results.

``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.


                      internet.com Corporation
                     Consolidated Balance Sheets
                     December 31, 1998 and 1999
         (in thousands, except share and per share amounts)

                                                 December 31,
                                             1998         1999
                  ASSETS

Current assets:
     Cash and cash equivalents           $     129       $17,943
     Accounts receivable, net of
      allowances of $42 and $712,
      respectively                           1,723         5,568
     Prepaid expenses and other                120           347
                Total current assets         1,972        23,858

Property and equipment, net of
  accumulated depreciation
  of $15 and $688, respectively              1,380         3,221
Intangible assets, net of
  accumulated amortization
  of $632 and $10,428, respectively         22,332        39,086
Investments in internet.com
  venture funds                                 -         1,855
Other assets                                   192           370
                Total assets               $25,876       $68,390

      LIABILITIES AND STOCKHOLDERS' EQUITY

Current liabilities:
     Accounts payable                    $    482         $1,635
     Accrued payroll and related
       expenses                               296          1,441
     Accrued expenses and other               462          2,096
     Accrued Web site acquisition
       payments                               775          6,462
     Deferred revenues                        122            403
     Borrowings under line of credit        1,886              -
             Total current
                liabilities                 4,023         12,037

Accrued Web site acquisition payments           -            338
             Total liabilities              4,023         12,375

Commitments and contingencies                   -              -

Stockholders' equity:
     Preferred stock, $.01 par value,
      4,000,000 shares authorized,
      no shares issued and outstanding          -              -
     Common stock, $.01 par value,
      75,000,000 shares authorized,
      16,215,891 and 23,334,520 shares
      issued and outstanding at December
      31, 1998 and 1999, respectively         162            233
     Additional paid-in capital            22,665         70,917
     Accumulated deficit                     (974)       (15,135)
             Total stockholders'
               equity                      21,853         56,015
             Total liabilities and
               stockholders' equity       $25,876        $68,390


                      internet.com Corporation
                Consolidated Statements of Operations
   For the Three Months and Years Ended December 31, 1998 and 1999

              (in thousands, except per share amounts)


                                           Three Months Ended
                                               December 31,

                                            1998(1)     1999
                                          (unaudited) (unaudited)

Revenues                                   $  1,550    $  7,487
Cost of revenues                                859       3,428

Gross profit                                    691       4,059

Operating expenses:
    Advertising, promotion and selling         680       2,896
    General and administrative                 644       1,692
    Depreciation                                82         260
    Amortization                               718       3,424
    Non-cash compensation charge               --          --

Total operating expenses                      2,124       8,272

Operating loss                               (1,433)     (4,213)

Interest income (expense), net                   (8)        307

Net loss                                   $ (1,441)   $ (3,906)

Basic and diluted loss
per share excluding amortization
and non-cash compensation charge          $  (0.04)   $  (0.02)

Basic and diluted loss per share           $  (0.09)   $  (0.17)

Weighted average number of common shares     16,216      23,329

(1)  Represents the combined financial data of predecessor business
    and internet.com

                                               Years Ended
                                               December 31,

                                            1998(1)      1999
                                          (unaudited)

Revenues                                   $  4,325    $ 16,085
Cost of revenues                              2,687       8,366

Gross profit                                  1,638       7,719

Operating expenses:
    Advertising, promotion and selling       1,761       7,545
    General and administrative               1,757       4,434
    Depreciation                               410         673
    Amortization                             1,430       9,796
    Non-cash compensation charge              --         7,975

Total operating expenses                      5,358      30,423

Operating loss                               (3,720)    (22,704)

Interest income (expense), net                   (8)        688

Net loss                                   $ (3,728)   $(22,016)

Basic and diluted loss
per share excluding amortization
and non-cash compensation charge          $  (0.14)   $  (0.21)

Basic and diluted loss per share           $  (0.23)   $  (1.08)

Weighted average number of common shares     16,216      20,335

(1)  Represents the combined financial data of predecessor business
    and internet.com


                      internet.com Corporation
                Consolidated Statements of Cash Flows
           For the Years Ended December 31, 1998 and 1999

                           (in thousands)

                                                  Year Ended
                                                  December 31,
                                            1998(1)          1999
                                         (unaudited)

Cash flows from operating activities:
 Net loss                                 $ (3,728)        $(22,016)
 Adjustments to reconcile net cash
  used in operations-
   Depreciation and amortization             1,840           10,469
   Provision for losses on accounts
    receivable                                  94              670
   Non-cash compensation charge                  -            7,975
 Changes in assets and liabilities -
   Accounts receivable, net                 (1,140)          (4,193)
   Prepaid expenses and other                  (60)            (467)
   Accounts payable and accrued expenses      (365)           3,866
   Deferred revenues                            74              232
     Net cash used in operating activities  (3,285)          (3,464)

Cash flows from investing activities:
 Additions to property and equipment        (1,287)          (2,514)
 Acquisitions of Web sites, related
  Internet media properties and other       (5,857)         (20,670)
 Investments in internet.com venture funds       -           (1,855)
     Net cash used in investing activities  (7,144)         (25,039)

Cash flows from financing activities:
 Proceeds from issuance of common stock, net     -           45,070
 Proceeds from exercise of warrant               -            3,000
 Proceeds from exercise of stock options         -              133
 Contributions from Mecklermedia
  Corporation                                8,672                -
 Borrowings under line of credit             1,886            4,670
 Payments for line of credit                     -           (6,556)
     Net cash provided by financing
      activities                            10,558           46,317

Net increase in cash and cash equivalents       129           17,814

Cash and cash equivalents, beginning of
period                                           -              129

Cash and cash equivalents, end of period      $ 129         $ 17,943

Supplemental disclosures of cash flow:
 Cash paid for interest                        $ 8             $ 92
 Cash paid for income taxes                    $ -             $  -

(1) Represents the combined financial data of predecessor
   business and internet.com