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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?
KTEL 0.252-16.3%Nov 11 3:22 PM EST

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To: StockDung who wrote (2971)12/2/1998 10:12:00 AM
From: Rajiv  Read Replies (1) of 3203
 
More competition...

National Record Mart to Launch Interactive Music and Video Online Internet Site

Web Site Developed on Foundation to Support End Consumer as Well as Business To Business E-Commerce Between Entertainment Retailers

PITTSBURGH, Dec. 2 /PRNewswire/ -- NATIONAL RECORD MART, INC., (Nasdaq: NRMI - news), the fifth largest retailer of prerecorded music, announced today that it will enter the online music Internet business this Christmas selling season through two consumer oriented retail sites, ''Wavesmusic.com'' and ''Nrmmusic.com''. In addition, the entry of the NRM web site will set the foundation for computer to computer transactions between different retailers and distributors in music and other entertainment products at prices below wholesale. This feature is a new application for e-commerce as it relates to music, video and other entertainment products on the Internet.
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