Public Analysis and Review (PAR) Initiates Analyst Coverage of denmans.com, Inc.
LOS ANGELES--(BUSINESS WIRE)--Oct. 11, 2000--denmans.com, Inc. (OTCBB:DNMN - news; the ``Company''), a leading online jeweler is pleased to announce that analyst coverage for the Company will be initiated immediately by Gary N. Clark, PhD., CFA, under the PAR program of Investrend Research.
PAR (Public Analysis & Review) is the unique continuing research program of Los Angeles and New York based Investrend Research. As one of the largest independent securities research firms in the country, Investrend is known for its research quality and independence, and is not affiliated with any stock brokerage or investment-banking group. The initial report and all subsequent Investrend denmans.com reports will be available from Investrend's site as well as from other leading investment portals such as Zacks, I/B/E/S, Bloomberg, Multex, and Stockgroup.com.
Clark is a principal of Clark Asset Management and Associates, Inc., based in La Crescenta, CA. He holds a PhD in Economics from the University of Oklahoma, is a Chartered Financial Analyst. He has passed the NASD Series 2, 6, 7, 24, 63 and 67 exams. An accomplished author of numerous economic treatises as well as lecturer at several colleges in the Los Angeles area, Clark has headed his own investment management firm for the past twelve years.
denmans.com, Inc. is seizing the advantage of the synergies between Internet technologies and the central location of the Los Angeles, CA, Jewelry Trade District. The Company sources jewelry product directly from industry suppliers and manufacturers, on order-by-order basis. The Company then ships the product out from its fulfillment center located in the same jewelry district. By employing just-in-time supply, denmans.com does not incur any costs associated with carrying inventory. The Company is also able to rapidly respond to evolving consumer trends, by adding to and changing its online product mix to meet consumer preferences, literally at the click of a mouse. With a just-in-time supply model, denmans.com is offering customers what they want and efficiently and cost effectively getting product directly from suppliers and delivering it to consumers. This low overhead structure enables denmans.com to offer the most advantageous prices on an unparalleled selection of fine jewelry, brand name watches and gemstones.
By maximizing the efficiencies of the Internet, the Company has lower overhead and the lowest cost structure of the online jewelry industry, dramatically reducing the barriers to achieving growth and profitability. The Company requires only a minimal monthly amount to cover operational overhead and a relatively small amount of revenues to cover its start up costs and break into the black. Through self-sufficiency, the Company's model epitomizes the ``better, faster, more cost efficient'' methodology critical to an E-commerce company's success and ultimate profitability. By strategically locating in the heart of the jewelry trade, by utilizing an efficient just-in-time supply and direct-from-source fulfillment, denmans.com is poised to capitalize on and profit from the explosive growth potential of E-commerce (http://www.denmans.com).
Investrend's PAR reports are performed on behalf of the public. PAR analysts are paid in advance to eliminate pecuniary interests and insure independence. PAR enrollment fees are $19,700 per annum, and Investrend will issue a minimum of four quarterly research reports over the next year. Over 30 public companies have enrolled in the unique PAR research program, and Investrend utilizes nineteen institutional-quality analysts in its PAR program. Please visit investrend.com for a list of the enrolled companies and the resumes of Investrend's analysts. |