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Technology Stocks : eToys Inc. (ETYS)

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To: ChinuSFO who wrote (809)11/30/1999 12:57:00 AM
From: bundashus  Read Replies (1) of 1330
 
Looks like we are the only two who are following etoys.

but, I found some more news about etoys.

** E-commerce a toy story

Sales of computer software and toys paced the activity of online
retailers the week before Thanksgiving, according to a weekly
report from Goldman Sachs and PC Data Online. "We have seen a
steady increase in e-shopping since summer," said PC Data analyst
Cameron Meierhoefer. "But we're still waiting for the magnitude of
business that some analysts have predicted. We'll know soon," he
told CBS.MarketWatch.com. The latest report showed home Internet
shoppers spent $274 million online during the Nov. 15-25 period,
and more than 440,000 of these shoppers bought toys online. Toys
had the second-largest number of buyers after computer software,
which attracted more than 500,000 purchasers. "Nearly one in five
people who went to toy sites actually made a purchase," said
Cameron Meierhoefer, Internet analyst for PC Data Online.
"Apparel, electronics, health and beauty, and sporting goods also
showed impressive growth in spending," he said. The weekly report
also showed reluctance to buy online line decreasing. A month ago,
almost 16 percent of the 2,8910 home-based Web users surveyed said
they wouldn't make online purchases because prices were too high.
The latest data has the percentage falling to 6.3 percent.
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