CyberShop.com Named in Eleven Stocks to Own
Online Retailer Named with Ten of the Elite Network Economy Stocks in Advance
of Holiday Selling Season
JERSEY CITY, N.J., Nov. 26 /PRNewswire/ -- CyberShop.com(R), Inc. (Nasdaq: CYSP), a leading Internet retailer of branded merchandise (http://www.cybershop.com), announced today that it was selected among some of the elite Network Economy stocks to own. ON24 Inc., the streaming media network for investors, recently picked CyberShop.com as a core holding for investors in anticipation of growth through this holiday season as part of their "11 to Own" which include: CyberShop.com (Nasdaq: CYSP), AT&T, Qwest Communications, Yahoo!, Intel, AOL, Cisco, Amazon, Ebay, Adaptec and one pre-IPO, eMachines.
CyberShop.com was chosen by ON24's Editor in Chief, Mitch Ratcliffe as the "horse racing stock pick", citing that the stock was well off its 52 week high and "clearly going to benefit from the onset of the Christmas selling season". The interview, "Talk-On-Stock", can be heard using Real Player on on24.com by searching for listings using CyberShop.com's ticker (Nasdaq: CYSP) or going directly to the following URL:
on24.com
ON24 Inc., is the source of original and syndicated broadcast news and opinion for the individual investor, ON24's programming is available free to more than 60 million users through its partnerships with some of the leading Web and financial portals including Yahoo!, Finance SNAP, Lycos, Quote.com, Thompson Financial, Briefing.com, EarthWeb, Internet.com, NewsAlert, Stockmaster, Comtex, and a network of more than 300 affiliate sites.
"We are excited our stock has been chosen by ON24.com and believe it further illustrates the strength of our company," said Jeff Tauber, Chairman and CEO. "We are well prepared for the holiday season and believe it will clearly differentiate us as a leader in our segment of online retail."
About CyberShop.com
CyberShop.com, a leading online retailer, operates three online stores. The flagship store located at cybershop.com offers designer and brand-name apparel, electronics, home accessories, toys, gifts and watches at deep discounts of 20%-80% off traditional retail prices. electronics.Net, launched in 1998, is located at electronics.net and offers a broad assortment of electronic brand name merchandise including television and video equipment, home and car audio equipment, home appliances, home office equipment and related accessories. In June 1999, CyberShop.com acquired tools-for-living.com, a direct to consumer marketer of high quality merchandise in personal care, health and home accessories. These products are promoted on the tools.cybershop.com site and through print media campaigns in national consumer magazines.
Safe Harbor
This announcement contains forward-looking statements that involve risks and uncertainties that include, among others, CyberShop.com's limited operating history, anticipated losses, unpredictability of future revenues, potential fluctuations in quarterly operating results, seasonality, competition, risks associated with system development and operation risks, management of potential growth and risks of new business areas, and strategic alliances.
SOURCE CyberShop.com, Inc.
CO: CyberShop.com, Inc.; ON24 Inc.
ST: New Jersey
IN: CPR MLM REA
SU:
11/26/1999 09:23 EST prnewswire.com |
