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Technology Stocks : IPET - Pets.com

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To: westpacific who wrote ()2/14/2000 12:16:00 PM
From: Wally Mastroly  Read Replies (1) of 23
 
Market seems underwhelmed - so far:

marketwatch.newsalert.com

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NEW YORK, Feb 14 (Reuters) - Following a lack-luster initial public offering Pets.com Inc. , Petsmart Inc. , the biggest speciality pet retailer, is expected to announce an aggressive marketing strategy Monday, the Wall Street Journal said.

Pets.com shares made their public debut Friday at $11 and reached $14 before closing at $11.

Petsmart plans to announce it will fully refund or credit returns of any pet product purchased form any retailer associated with the sale of pets or pet supplies in addition to its own catalogue, purchases from it partly owned Petsmart.com and its 493 stores, the newspaper said.
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