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Technology Stocks : garden.com IPO (GDEN)

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To: Glenn Petersen who wrote (85)11/18/2000 11:44:24 AM
From: Ron   of 87
 
On the Garden.com website today:
Unfortunately, Garden.com has had to announce a phased shut-down
of the company's retail operations to occur over the next couple of
weeks.

In short, the company has been unable to raise the additional funding
necessary to finance the company's growth moving forward, and our
Board of Directors' was forced to make the difficult decision to begin
an orderly, staged shut-down of Garden.com's consumer business.
During the first phase, we will be offering a "going-out-of-business"
product sale, which we plan to conduct with the same high-quality
levels of service our customer's have come to expect.
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