FORM 3
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment
Company Act of 1940
(Print or Type Responses)
1. Name and Address of Reporting Person*
GERALD POCH
500 NYALA FARM ROAD
WESTPORT, CT 06880
_______________________________________________________________________________
2. Date of Event Requiring Statement
3/26/99
________________________________________________________________________________
3. IRS or Social Security Number of Reporting Person (Voluntary)
________________________________________________________________________________
4. Issuer Name AND Ticker or Trading Symbol
MESSAGEMEDIA, INC.
MESG
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) DIRECTOR(1) ( )10% OWNER
( ) OFFICER (GIVE TITLE BELOW) ( ) OTHER (SPECIFY BELOW)
________________________________________________________________________________
6. If Amendment, Date of Original
3/26/99
________________________________________________________________________________
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
________________________________________________________________________________
TABLE I - NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY
OWNED
1. Title of Security
(Instr. 3)
________________________________________________________________________________
2. Amount of Securities Beneficially Owned
________________________________________________________________________________
3. Ownership Form:(Direct (D) or Indirect (I)
________________________________________________________________________________
4. Nature of Indirect Beneficial Ownership (Instr. 5)
________________________________________________________________________________
TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED
1. Title of Derivative Security (Instr. 4)
OPTION (2)
________________________________________________________________________________
2. Date Exercisable and Expiration Date
DATE EXERCISABLE: 3/26/00 (3)
DATE EXPIRATION: 3/26/09
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3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
COMMON STOCK, 100,000
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4. Conversion or Exercise Price of Derivative Security
$6.875/SHARE
________________________________________________________________________________
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(D)
________________________________________________________________________________
6. Nature of Indirect Beneficial Ownership (Instr. 5)
________________________________________________________________________________
Explanation of Responses:
(1) The reporting person is a member of the board of directors of the issuer
and is an employee of Pequot Capital Management, Inc., a registered investment
adviser.
(2) The reporting person disclaims beneficial ownership of these securities,
and this report shall not be deemed an admission that the reporting person is
the beneficial owner of such securities for the purposes of Rule 16a-1(a)(1)
or (a)(2) or for any other purposes.
(3) The option vests 25% at one, two, three and four year anniversary of the
date of grant.
/s/ Gerald A. Poch 4/12/99
**Signature of Reporting Person Date
** Intentional misstatements or omissions of facts constitute Federal
Criminal Violations.
See 18 U.S.C. 1001 and 15. U.S.C. 78ff(a).
