Fingerhut (FHT) goes on Web site acquisition binge Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Fingerhut (FHT) goes on Web site acquisition binge

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David B. Higgs who wrote (42)	1/3/1999 9:01:00 AM
From: Mad2	Read Replies (1) of 144

Copyright 1998 Financial Post from National Post (formerly The Financial Post Company) All rights reserved. National Post (formerly The Financial Post) December 30, 1998 Wednesday NATIONAL EDITIONS SECTION: FINANCIAL POST; Pg. D02, Internet LENGTH: 101 words HEADLINE: Fingerhut says 1999 online sales may reach $100M DATELINE: MINNETONKA, Minn. BODY: Fingerhut Cos., the second-largest U.S. catalogue retailer, expects Internet sales next year of $70-million (all figures in US dollars) to $100-million, or more, as online retail shopping becomes more popular. Internet sales this year from the company's online catalogs will total about $30-million, analysts said. Fingerhut's total revenue for 1997 was $1.8 billion. Fingerhut, which still considers itself a catalog retailer, bought three online retailers this year. Its stock has gained 22% since July. LANGUAGE: ENGLISH LOAD-DATE: December 30, 1998

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next