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

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

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To: U Up U Down who wrote (115)	1/29/1999 9:30:00 AM
From: U Up U Down	of 144

Computer Retail Week Jan 4 1999 Section Top 100 Retailers "Two familiar names in direct marketing, QVC and Fingerhut, make their first appearances on the Top 100 for 1998. QVC is devoting more air time to computers, and Fingerhut has added several technology-oriented catalogs to its mix." techweb.com Y2K Information Week Jan 4, 1999 Many companies will try to cope with new software installations by running extra-stringent tests. Fingerhut Cos., a $1.5 billion retailer in Minnetonka, Minn.,will subject new software to a series of so-called regressive tests, which makesure new code doesn't affect repairs already made to installed code. Fingerhut's total IT spending will likely match last year's level because of tighter cost control. But even after the company completes year 2000 remediation this quarter, it will free up funds as needed throughout the year for strategic IT investments, especially in E-commerce. "It's very important we don't disable the business or limit our ability to take advantage of new market opportunities," says CIO Alan Bignall. techweb.com

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