<<Anyone know whats pumping EBAY? >>
Yes! The eBay PR dept. And this was just today!
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HOUSTON--(BUSINESS WIRE)--Nov. 23, 1999--InvestmentHouse.com, a leading Internet-based stock information service, announced that in addition to its Stock Split Report it also offers a Technical Traders Report.
InvestmentHouse.com also offers Covered Call Tables, Major Fund Manager Watch, The Daily Newsletter, and an After-Hours Trading Report. Also found on the Web site: extensive IPO data, detailed Stock Splits Calendar, $500,000 Mock Portfolio Investment Challenge, Free Stock Split Trading Manual, and a Free Investment Newsletter. InvestmentHouse.com is located on the web at investmenthouse.com.
InvestmentHouse.com watches companies such as the following for its various reports: America Online (NYSE:AOL), Microsoft (Nasdaq:MSFT), Compaq (NYSE:CPQ), Cisco (Nasdaq:CSCO), Dell (Nasdaq:DELL), Intel (Nasdaq:INTC), AT&T (NYSE:T), At Home (Nasdaq:ATHM), Oracle (Nasdaq:ORCL), Extreme Networks (Nasdaq:EXTR), 3Com (Nasdaq:COMS), Pfizer (NYSE:PFE), Nasdaq 100 Trust (AMEX:QQQ), Coca-Cola (NYSE:KO), IBM (NYSE:IBM), Lucent (NYSE:LU), Philip Morris (NYSE:MO), SmarterKids.com (Nasdaq:SKDS), Tyco (NYSE:TYC), Intuit (Nasdaq:INTU), eBay (Nasdaq:EBAY), GetThere.com (Nasdaq:GTHR), Time Warner (NYSE:TWX), Amgen (Nasdaq:AMGN), EMC (NYSE:EMC), AmeriTrade (Nasdaq:AMTD), Yahoo (Nasdaq:YHOO), Applied Digital (Nasdaq:ADSX), Citigroup (NYSE:C), S&P Depository Receipts (AMEX:SPY), Pepsico (NYSE:PEP), QWest (Nasdaq:QWST).
Visit InvestmentHouse.com on the web at investmenthouse.com. Sign up for the Free Investment Newsletter and register for the $500,000 Investment Challenge. >>
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SEATTLE, Nov 23 (Reuters) - Engo.com Inc., a privately-owned Web auction site, will notify its users about their bid status using cellular phones, two-way pagers or personal digital assistants, the company said on Tuesday.
The move advances the methods online auction users have to get information about their bids and frees them from the need to be at their computer.
Engo.com, which lets consumers auction a variety of goods such as home electronics, books, music and movies, said once a bid is placed, it can notify the bidder that he has been outbid, giving him the opportunity to place a higher bid using his cellular phone, two-way pager or personal digital assistant, the company said.
Bidders also have the option of receiving their bid confirmations over these messaging devices at the same time, in addition to traditional e-mail notification, Engo.com said.
Engo.com Web site works with many different wireless technologies, and the company is working on setting up a co-branded opportunity with wireless providers, Jarrod Staffen, vice president of business development for Engo.com, said.
Earlier this year online auctioneer eBay Inc. <EBAY.O> and paging company SkyTel Communications Inc. said they would launch a service that allowed eBay users to receive auction updates over pagers, mobile phones and personal digital assistants. SkyTel became a unit of MCI WorldCom Inc. <WCOM.O> after the companies merged Oct. 1.
18:06 11-23-99>>
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NEW YORK, Nov 23 (Reuters) - In the second major Internet gaming deal this week, Lycos Inc. <LCOS.O> on Tuesday said it would buy privately held Gamesville.com, the second most popular online games site, for $207 million in stock.
Lycos said in a statement it plans to fold this latest in a string of programming, commerce and community acquisitions into its network of sites, the fourth most popular on the Web.
In addition to the shares it will issue in the deal, Lycos said it would also assume responsibility for Gamesville's employee stock option program.
The deal comes a day after Electronic Arts Inc. <ERTS.O>, a top maker of video game software, agreed to pay America Online Inc. <AOL.N> $81 million to become its exclusive supplier of online games.
Gamesville.com, located on the Web at www.gamesville.com, has 2.2 million members who compete with other players in electronic games such as cards, bingo and sports or showbiz trivia over the Internet. It is the No. 2 most popular game site behind Uproar Ltd. <UPRO.ED>.
Lycos also said visitors to Gamesville on average stayed longer on the site that any other location on the Web other than online auctioneer eBay Inc. <EBAY.O>.
Shares of Waltham, Mass.-based Lycos gained 1-1/2 to 57-1/2 in afternoon trading on the Nasdaq stock market on Tuesday.
"The addition of Gamesville to the Lycos Network adds to our revenues, grows our average daily usage minutes by nearly 20 percent and adds depth to our direct marketing efforts," Bob Davis, Lycos president and CEO, said in a statement.
The site actively uses "permission marketing" tools to custom target promotional offers to games players visiting on the site. Gamesville also targets television-like advertising at regular intervals to its members, in another example of its power as an advertising vehicle.
"We were particularly attracted to Gamesville because of the exceptional quality of registration information, which considerably expands our direct marketing infrastructure," Davis said of plans to target users with cross-promotions.
In a research note to clients discussing both the Lycos and AOL deals, Credit Suisse First Boston analyst Lise Buyer said: "Gamers tend to be 1.) be loyal and 2.) stay on line a long time. Just the sort of users advertisers -- and advertising supported sites like best."
Lycos said the acquisition boosts the audience reach of its network of sites. Lycos captured around 45.8 percent of the total Web audience in October measured by Media Metrix, which survey Internet traffic patterns.
Gamesville reaches 4.5 percent of the monthly Web audience. Eliminating duplication, Lycos said its Internet audience reach -- and by extension its power to bill advertisers -- would now top 47 percent of Internet users.
By contrast, AOL, the No. 1 ranked network of sites, is visited by 79 percent of the Internet audience, No. 2-ranked Yahoo! Inc. <YHOO.O> by 59 percent, Microsoft Corp. <MSFT.O> has a 56 percent share, according to the industry data.
The Lycos acquisition is expected to close by the end of 1999 and is subject to Gamesville.com shareholder approval.
17:18 11-23-99>>
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Seattle, Nov. 23 (Bloomberg) -- About 20 percent of Internet shoppers will do most of their holiday buying online over the Thanksgiving weekend, an increase from 6 percent last year, according to a survey by No. 1 online retailer Amazon.com Inc. and Harris Interactive Inc.
About 46 percent of all shoppers planning to buy online this holiday expect to purchase at least one item from Amazon.com, the study found. Other popular online retailers include Barnesandnoble.com Inc., Wal-Mart Stores Inc., eBay Inc., Yahoo! Inc., J.C. Penney Co., L.L. Bean, Sears, Roebuck & Co. and eToys Inc., the poll showed.
Almost half of online shoppers polled said the Internet has made them more willing to shop in general during the holidays. The average expenditure online this year will rise 16 percent to $346, according to the survey.
``This is the first year in which holiday shopping is really going mainstream,' said Jaleh Bisharat, vice president of marketing at Seattle-based Amazon.com. ``We've already hit the levels experienced during last year's busiest period.'
The survey of 2,628 adults was commissioned by Amazon.com and conducted by Harris Interactive earlier this month.
More than a third of respondents said they'd do less overall shopping in malls than in past years because of the Web, and half said they plan to shop online between 6 p.m. and midnight.
More women are shopping online for gifts, according to the survey. Females represent 39 percent of all online buyers in the 1999 holiday season, an increase from 27 percent last year. That bodes well for the industry, as a majority of the married or partnered women polled said they do most or all of the holiday shopping, Amazon.com said.
Respondents cited good prices, security and privacy, and finding a trustworthy company as the biggest factors in selecting an online shopping site.
Shares of Seattle-based Amazon.com rose 2 1/2 to 83 in late trading.
Nov/23/1999 15:38 >>
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RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Nov. 23, 1999--
Using Auctions to Find Gifts, Decorating Tips,
and Collectibles Explored
Tired of fighting traffic and trampling through the mall over the holidays? Looking for a good, easy way to find that unique gift? Let AuctionRover.com(TM) help.
Beginning this week, AuctionRover.com - the one-stop, feature rich resource for online auctions - has added new holiday articles to its site, providing tips, suggestions and general auction information for shoppers. The new articles are sure to help shoppers as they journey through the maze of online auctions searching for the perfect gift.
"With the holidays upon us, we know many people are looking toward e-commerce as a solution to avoiding the malls," said Scot Wingo, AuctionRover.com CEO and co-founder. "But to really find a unique, one-of-a-kind gift, they should investigate online auctions. Our ability to navigate through all those auctions for them - quickly, easily and for free makes AuctionRover.com a holiday shopping dream site!"
New to AuctionRover.com includes information on how leading auction sites like eBay (NASDAQ: EBAY) and Amazon.com (NASDAQ: AMZN) are gearing up for the holidays - including predictions of hot items for the season. AuctionRover.com also guides shoppers through decorating for the holidays including information on how auctions can serve as a great resource for locating those hard-to-find knick-knacks. AuctionRover.com will also explore hot gifts for teenagers, as well as the popularity of collecting snow domes, Furbies, and those now-trendy, aluminum Christmas trees.
"AuctionRover.com is more than simply a place to bid and sell items across multiple sites," Wingo added. "Sure, we are strong at that, but our content makes us so much more than just an auction utility. We aim to help guide people through the auction process and our fresh, entertaining stories and how-to case studies certainly do this."
Having launched last month, AuctionRover.com is the one-stop resource for all online auctioning needs. For online auction bidders, AuctionRover.com features Rocket Rover(TM) - an advanced, proprietary cross-auction search engine. This technology provides a comprehensive, categorized and searchable index of more than 30 leading online auction sites, including eBay (NASDAQ: EBAY), Yahoo! (NASDAQ: YHOO), Amazon.com (NASDAQ: AMZN), MSN (NASDAQ: MSFT) and Auction Universe.
Auction enthusiasts can search more than 850 online auction sites and find anything from antiques to xylophones in record time. Additionally, they can be notified about new items, monitor items of interest, and participate on several different auction sites simultaneously.
AuctionRover.com gives sellers the power to post items across several auction sites including larger players like those mentioned above - in addition to hosting images and hit counters. These unique advantages ultimately enhance visibility and manageability.
AuctionRover.com also has the industry's only Price Trending Service - a free service that enables bidders and sellers to view bid volumes and price histories of more than 350 popular auction items.
About AuctionRover.com
Founded in July 1999, AuctionRover.com is the one-stop resource for all online auctioning needs. This powerful new site allows buyers to search for items across auction sites, sellers to host images and counters, and provides innovative, relevant content that will keep bidders and sellers informed and entertained. AuctionRover.com recently closed on a round of funding from Draper Atlantic - the East Coast affiliate of Silicon Valley's Draper Fisher Jurvetson - and from internet.com (NASDAQ: INTM). For more information, visit AuctionRover.com at auctionrover.com.
CONTACT:
Brodeur Porter Novelli (for AuctionRover.com)
Ashley Trotter, 919/760-7242
atrotter@brodeur.com
or
Laura Smith, 919/760-7239
lsmith@brodeur.com
KEYWORD: NORTH CAROLINA
BW1284 NOV 23,1999
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BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Nov. 23, 1999-- TradeDeck.com Inc. introduced the world's first independent Internet business-to-business exchange for the Computing & Electronics Industry at COMDEX in Las Vegas, Nov. 15 to Nov. 18, 1999.
"We were extremely well received by the Industry at COMDEX," said Mads Ulrich, CEO of TradeDeck.com. "The Industry has been in need of an independent e-commerce buying and selling platform, specifically custom-tailored for Wholesalers, Distributors, Resellers, Manufacturers, OEMs and VARs."
TradeDeck.com, developed with the assistance of Industry Leaders, allows sellers to post any items directly on the site for sale to other manufacturers, retailers, jobbers or distributors. Sellers can determine the best sales method for selling the goods, including fixed price, highest bid or volume selling.
Seller and Buyer are able to trade in quantities with the world's leading markets, trade anonymously and take advantage of discounted inventory and overstocked goods, which can be re-sold at higher profit margins.
Buyers and sellers benefit because they have access to an exchange and platform, covering their specific Industry and Products, with up-to-the-minute news of what's going on in their Industry.
The analyst firm Forrester Research Inc. places the Computing & Electronics Industry in the top rank, as the fastest-growing sector within the B2B electronic commerce, projecting revenues of some $400 billion in year 2003.
"TradeDeck.com is spearheaded to become the premier marketplace to buy and sell products in this $400 billion category, and basically become the eBay (NASDAQ:EBAY) of the B2B Computing & Electronics Industry," said Ulrich.
TradeDeck.com is a privately held corporation, formed in March 1999. Private individuals provided initial funding.
www.tradedeck.com has pre-opened for Sellers to register and list their items at no cost and will launch for trading together with a national ad campaign targeted towards the buyers in the industry beginning year 2000.
CONTACT:
TradeDeck.com Inc.
Mads Ulrich, 877/289-8888
KEYWORD: CALIFORNIA
BW0163 NOV 23,1999>>
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WALTHAM, Mass., Nov 23 (Reuters) - Lycos Inc. <LCOS.O>, the fourth most popular network of Web sites, on Tuesday said it had agreed to acquire privately held Gamesville.com, the second most popular online games site, for $207 million in stock.
In addition, Lycos said in a statement it would also assume responsibility for Gamesville's employee stock option program. Lycos plans to fold this latest in a string of programming, commerce and community acquisitions into its network of sites.
Gamesville.com, based outside Boston, Mass., counts 2.2 million members who compete for prizes by playing multiplayer electronic games with other players via the Internet. It is the No. 2 most popular site behind Uproar Ltd. <UPRO.ED>.
Lycos also said visitors to Gamesville on average stayed longer on the site that any other location on the Web other than online auctioneer eBay Inc. <EBAY.O>.
"The addition of Gamesville to the Lycos Network adds to our revenues, grows our average daily usage minutes by nearly 20 percent and adds depth to our direct marketing efforts," Bob Davis, Lycos president and CEO, said in a statement.
The site actively uses "permission marketing" tools to custom target promotional offers to games players visiting on the site. Gamesville also targets TV-like advertising at regular intervals to its members, in another example of its power as an advertising vehicle.
"We were particularly attracted to Gamesville because of the exceptional quality of registration information, which considerably expands our direct marketing infrastructure," Davis said of plans to target users with cross-promotions.
Waltham, Mass.-based Lycos said the acquisition boosts the audience reach of its network of sites. Lycos captured around 45.8 percent of the total Web audience in October measured by Media Metrix, which survey Internet traffic patterns.
Gamesville reaches 4.5 percent of the monthly Web audience. Eliminating duplication, Lycos said its Internet audience reach -- and by extension its power to bill advertisers -- would now top 47 percent of Internet users.
By contrast, America Online Inc. <AOL.N>, the No. 1 ranked network of sites, is visited by 79 percent of the Internet audience, No. 2-ranked Yahoo! Inc. <YHOO.O> by 59 percent, Microsoft Corp. <MSFT.O> has a 56 percent share, according to the industry data.
The acquisition is expected to close by the end of the year and is subject to Gamesville.com shareholder approval.
Lycos shares closed Monday at 56 on Nasdaq.
08:30 11-23-99>>
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Local Sites Bring New Merchandise Online and Encourage Regional Trading
SAN JOSE, Calif., Nov. 23 /PRNewswire/ -- eBay(R) (Nasdaq: EBAY) (www.ebay.com), the world's leading person-to-person online trading community, today announced that it has rolled out ten new regional web sites. The new metropolitan sites include: New York, Chicago, Detroit, Phoenix, San Diego, Indianapolis, Columbus, Oklahoma City, Austin, and Raleigh-Durham.
(Photo: NewsCom: newscom.com
newscom.com )
eBay's regional sites give its community an easier way to trade difficult-to-ship items -- such as heavy antique furniture, fragile gifts and automobiles -- as well as creating an online marketplace for items of regional interest, such as memorabilia for local sports teams. eBay's local sites are also the perfect venue to find a last minute holiday gift, be it a Tiffany lamp or that "must-have" Pokemon trading card.
eBay now has 30 local sites nationwide, from San Francisco to Boston and Milwaukee to Tampa.
"Our regional sites add convenience and local color to the eBay community, bringing new types of merchandise online and making eBay an even more compelling Internet destination," said Jeff Jordan, vice president and general manager of regional at eBay. "Whether you want to buy a last minute holiday gift or hunt for that antique Chippendale desk, eBay's local sites allow you to bid on some great stuff."
Items listed on eBay's ten new local sites include:
-- In New York, a walk-on part in the successful TV series "Sex in the City" (item #203713381) and 50 ties from the original Frank Sinatra Birthday Collection (item # 200398498).
-- In Chicago, a hand carved walnut hall mirror from 1860s (item # 205485747) and a portable sauna, in Western red cedar (item # 203171165).
-- In Detroit, a set of new Taylor Made Firesole golf clubs (item # 202589760) and a Ford "Lightning" 5.4 liter supercharged engine (item # 200481047).
-- In Phoenix, a Steinway grand piano custom-built in 1943 (item # 204375128) and a 1996 FXTSC Harley Davidson, with purple paint work (item # 201290306).
-- In San Diego, a twin engine cruising yacht (item # 199886172) and a hand carved 19th century music cabinet (item # 205579512).
-- In Indianapolis, a Larry Bird autographed basketball uniform (item # 204690495) and a 1997 Kawasaki jet ski (item # 201548371).
-- In Columbus, a full Pearl brand drum kit in sheer blue (item # 202534001) and a vintage Rockola juke box from 1950s (item # 204355582).
-- In Oklahoma City, an antique Samurai sword (item # 203108824) and a glazed stoneware ovoid jug, circa 1850 (item # 202742133).
-- In Austin, a Victorian iron fence with gate and posts (item # 204668631) and a complete first edition set of Pokemon trading cards (item # 202771281).
-- In Raleigh-Durham, a 1969 Corvette coupe with "Big Block" engine (item # 202780805) and a Civil War cavalry shell jacket (item # 201891327).
eBay's regional sites are accessible from the "Bid Locally" area on the eBay home page at www.ebay.com.
About eBay
eBay (www.ebay.com), the world's personal trading community(TM), pioneered person-to-person online trading. Founded in 1995, eBay has developed an efficient and entertaining trading site on the Web that is available 24 hours a day, seven days a week. eBay has more than 7.7 million registered users. Currently, there are more than 3.3 million items listed for sale. More than 400,000 items are added daily in more than 2,500 categories, including: automobiles, antiques; books, movies and music; coins and stamps; collectibles; computers; dolls and figures; jewelry and gemstones; photo and electronics; pottery and glass; sports memorabilia; and toys.
SOURCE eBay, Inc.
CO: eBay, Inc.
ST: California, New York, Illinois, Michigan, Arizona, Indiana, Ohio, Oklahoma, Texas, South Carolina
IN: MLM FIN
SU: PDT
11/23/1999 08:00 EST prnewswire.com >>
<<Beijing, Nov. 23 (Bloomberg) -- Online auctioneers are eyeing China, aiming to offer everything from Mao Zedong memorabilia to used television sets in what may someday become the world's largest electronic flea market.
GMAI-Asia.com Inc., an affiliate of Greg Manning Auctions, said it already has 10,000 registered online buyers through its China site. Capitalizing on Manning's alliance with eBay Inc., the world's largest online auction company, may spur success in China, said J.P. Wang, GMAI-Asia.com's chief executive,
``We could become the window for eBay customers to access a huge consumer-to-consumer exchange market in China,' said Wang. Manning and eBay now co-promote each other's services on their web sites.
``E-commerce technology offers China the best alternative to leapfrog' to a modern economy, said Wang, 35, who has degrees in computer science and finance and worked in a venture capital business in Chicago for more than three years.
Such big talk isn't unusual in the Internet world. Yet last week's landmark pact for China to join the World Trade Organization has cleared the road for many businesses that fancy themselves pioneers along the electronic highway.
Estimating the potential for on-line auctions in the world's most populous nation is difficult, in part because Internet usage is still in its infancy, with just 6 million users. That number is expected to surge to 33 million within three years, though, giving the marketplace plenty of room to grow.
In the U.S., business-to-consumer auction sales generate annual sales of about $1 billion, according to estimates by Forrester Research and Prudential Securities. The figure could rise more than seven-fold by 2002 to $7.5 billion.
The person-to-person online consumer auction market is even bigger, topping $3.5 billion this year. It's expected to rise to to $19 billion by 2002.
Granted, companies like GMAI-Asia.com face plenty of competition on the ground in China. Shanghai-based Eachnet.com and Yabuy.com have an intimate knowledge of local conditions that increasingly will become the crucial factor in determining leadership in online auctions in China.
Still, by cooperating with eBay, GMAI-Asia.com could boost its market share in China to about a third, double what it could achieve on its own, analysts said.
``The level of expertise that eBay has about how to do business online, the microscopic details of how the users behave, the accumulated body of knowledge and experience, that's nearly invaluable expertise,' said Matei Mihalca, an Internet analyst with Merrill Lynch & Co. in Hong Kong.
Any joint venture would have to comply with interim rules for foreign ownership of Internet businesses in China, expected to be announced by year-end. These would be in place until China joins the World Trade Organization, when up to 49 percent foreign ownership of Internet related ventures would be allowed.
GMIA-Asia.com is 43 percent owned by Greg Manning Auctions Inc. and 15 percent by Afinsa Bienes Tangibles SA of Spain, Greg Manning's European joint venture partner. The remaining equity is held by a number of individual investors, making it essentially a foreign company.
Since China signed the WTO agreement, clearing the way for foreign investment in the Chinese Internet, overseas investor interest has intensified. Wang said he has been approached by more than 30 investors interesting in backing the company in the wake of the agreement.
Even if it doesn't cooperate with eBay in China, GMAI- Asia.com said it would seek local e-commerce partners in China and was considering the purchase of A2Z-Mart.com, a private Chinese company that currently acts as its agent in China.
GMAI-Asia.com launched its China online auction site Oct. 15 and expects the current subscriber level to rise to more than 50,000 by the end of the year. Chief executive Wang said the company expects between $10 million and $20 million in revenue by next year, and the company aims to break even in two or three years.
Further expansion is likely to be financed primarily with foreign money. GMAI-Asia.com, which is capitalized at $2.5 million, has received commitments from Internet-related companies for an extra $10 million of financing, 85 percent of it foreign.
Wall Street is interested too. U.S. investment bankers have approached Wang with offers to help take GMAI-Asia.com public, he said. That could happen as early as in the second quarter of next year, most likely on Nasdaq.
Nov/23/1999 2:44 >> |
