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Technology Stocks : shopping.com (IBUY)

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To: Arcane Lore who wrote (330)12/28/1998 9:25:00 AM
From: afrayem onigwecher   of 435
 
Online Buying Boosts Holiday Sales
  The Associated Press
Monday, December 28 1998 07:47 AM EST  

NEW YORK (AP) -- Holiday sales grew an estimated 3 1/2 percent from last year, but a published report says online sales boosted an otherwise disappointing season.

The Wall Street Journal says ONLINE SALES MORE THEN TRIPLED !!! from a year ago.

The Journal says some retail Web sites were overwhelmed by holiday shoppers. It says sites run by Barnes & Noble and the auction site eBay either slowed or collapsed under heavy traffic during the holidays.

APO/Holiday-Shopping-Online/
Copyright © 1998 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. All active hyperlinks have been inserted by AOL.com.
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