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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VEEV 239.01-1.2%3:59 PM EST

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To: Stock Watcher who wrote (22004)12/16/1999 9:19:00 PM
From: Francois Goelo  Read Replies (1) of 52051
 
S.W, SHPS, Here are the News, finally and poorly written as usual...

PLAINVIEW, N.Y., Dec. 16 /PRNewswire/ -- shopss.com, Inc. (OTC Bulletin Board: AMII), the pioneering virtual shopping mall, today announced that its trading symbol was changed on December 15, 1999 from SHPS to ACII at the direction of the NASD. The Company was advised that the change in the symbol was to correct confusion in the market place relating to a reserve spilt which occurred in 1996. The Company intends to reapply for a new symbol to more accurately reflect the Company's proposed new name, shopss.com, Inc.

About shopss.com

shopss.com, a virtual shopping mall that enables committed shoppers to purchase a variety of consumer goods, electronics and books via the Internet. shopss.com also owns and operates its own customer fulfillment centers.

The shopps.com now offers a Gold Card membership to consumers. The gold card membership, which costs $299 per year, provides an array of benefits, including a free 500Mhz Pentium III computer. As part of the contract, Gold Card members must agree to receive one e-mail per day from shopss.com.

The Gold Card membership also includes the shopss.com Phonetastic service, which provides unlimited calling throughout the U.S., Canada and Puerto Rico (Israeli consumers have use of this service in the U.S. only), participation in on-line auctions as a buyer and seller, 3 to 5 percent discount of all winning bids and special discounts on imported products. Gold Card membership will soon be introduced to the U.S. market.

shopss.com membership requires a two-year contract and a commitment to spend a minimum of $30 per month on the shopss.com website or at the shopss.com stores in Tel Aviv and Herzlia Petuach. Members who do not meet the $30 minimum requirement will be charged a $19.95 monthly service charge. Beyond the array of products available on www.shopss.com, members can also shop at other selected Internet stores, including Amazon.com, jcrew.com and 1-800-FLOWERS.COM.

For more information: www.shopss.com www.shopss.co.il (Hebrew)

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