To: $Mogul who wrote (45871 ) 12/16/1999 10:13:00 AM From: Bob B. Respond to of 108040
Isn't ASFD one of those stocks that you just keep wanting to accumulate while it is at a decent level. One day this stock will base in the $30 range. :-) Ashford.com to Offer Free Overnight Shipping as Site Experiences Record Holiday Customer Demand; 1999 Holiday Traffic Seven Times Higher Than 1998; 98% of Site's Items Are in Stock and Ship Within 24 Hours HOUSTON, Dec. 16 /PRNewswire/ -- Ashford.com (Nasdaq: ASFD), the leading Internet retailer of luxury and premium products, today announced that it is now offering free overnight shipping through December 31, 1999. Ashford.com is offering this valuable customer benefit at a time when the site is experiencing record holiday customer demand. For the period from Thanksgiving to December 16th, 1999 site traffic and customers have increased to seven times 1998 levels. More than 98% of Ashford.com merchandise is in stock and is ready to ship for next day delivery via FedEx or UPS. Until 5 p.m. ET on December 23, Ashford.com will ship any in-stock item for delivery before Christmas. "We are well stocked in merchandise across all of our 11 product categories, our customer service team is in full gear and our customers don't have to worry about whether their gifts will arrive in time for Christmas," said Kenny Kurtzman, CEO of Ashford.com. "Our increase in traffic shows that people are indeed comfortable purchasing more expensive luxury goods online. In the category of diamonds, for example, we've had many large holiday purchases, ranging from $15,000 to more than $65,000 each." Some of the top sellers on Ashford.com this holiday season include Omega watches, Wendy Brigode jewelry, Revo sunglasses, Montblanc pens, Jhane Barnes ties and Ralph Lauren perfume. About Ashford.com Ashford.com is the leading Internet retailer of luxury and premium products and is the Internet's No. 1 retailer of watches and jewelry. The company's e-commerce site, located at ashford.com , offers a vast selection of diamonds and more than 12,000 styles of new and vintage watches, designer jewelry, fragrance, bath and body products, leather accessories, ties, scarves, sunglasses and writing instruments from more than 300 leading brands. Dedicated to creating a comfortable and safe shopping environment, Ashford.com offers customers the Ashford.com Protection Plus(TM) policy, which provides industry leading warranties, privacy and security. Ashford.com is headquartered in Houston, Texas. Ashford, Ashford.com and Ashford.com Protection Plus are trademarks of Ashford.com. All other marks are the property of their respective owners. SOURCE Ashford.com -0- 12/16/1999 /NOTE TO EDITORS: a copy of this press release can be found at ashford.com /CONTACT: Stephanie Gnibus of Gnibus Public Relations, 408-776-9727, or email, Stephanie@gnibus.com; or Wendy McCarthy of McCarthy and Company, 650-961-9202, or email, Wendy@mccarthyandco.com, both for Ashford.com/ /Web site: ashford.com -- DATH013 -- 3756 12/16/1999 08:03 EST prnewswire.com Copyright PR Newswire 1998. All rights reserved.