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Technology Stocks : EDTA (was GIFT)

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Mar 7 3:00 PM EST

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To: Mel Spivak who wrote (1533)	12/6/1997 1:50:00 AM
From: ksuave	Read Replies (2) of 2383

This comes from the Next Superstock Newsletter. Was daydreaming about when they're a licensee -- "The General Store trades on the NASD BB market under the ticker symbol GSIC. The industry that the General Store operates its business in is described as "on-line retail". Specifically, the General Store is an "on-line grocery store" that offers additional services to its clients. On Friday, December 5th, the General Store closed at $2.44 per share with a bid of $2.375 and an offer of $2.44 per share. "The "on-line retail" industry has exploded over the past year. That can be evidenced in such companies as Amazon.com Inc. (Ticker: AMZN) and Onsale Inc. (Ticker: ONSL). In May of this year, Amazon.com went public at $18.00 per share. Over the past 7 months, Amazon.com has traded as high at $66.00 per share and as of this writing last traded at $52.00 per share. Onsale Inc., a leading on-line auction retailer, went public in April of this year at $6.00 per share. Over the past 8 months, Onsale Inc. has traded as high as $35.25 per share and as of this writing closed at $18.00 per share. Those are some pretty incredible financial returns for their original shareholders. So what is the relationship between Amazon.com, Onsale Inc. and the General Store. All three companies are in on-line retail businesses. Amazon.com and Onsale Inc. both have extremely strong and significant revenues where the General Store is in the beginning phase of generating strong revenue."

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