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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (52517)	12/28/1999 4:24:00 PM
From: Mike E.	Respond to of 108040

I appologize in advance if this was already posted, but I didn't see it so: Tuesday December 28 3:40 PM ET Icongo.com Hires Calico Commerce to Build Web Site NEW YORK (Reuters) - Calico Commerce Inc. (NasdaqNM:CLIC - news), a provider of software that helps companies sell their products online, said on Tuesday that it had been hired by sporting goods Web site iCongo.com Inc. to help it build its Web site. Calico will supply software to iCongo.com that will run the trading exchange portion of its Web site, Calico said. ICongo.com's Web site, which is targeted at the business-to-business marketplace for the international sporting goods industry, will be partially running in January, with the balance of it operational in February, said Irwin Kramer, iCongo.com's founder, president and chief executive. ``Right now our main focus is in sporting goods. We want to be the dominate marketplace for sporting goods,' said Kramer. 'At that point we'll consider going into some other market areas,' such as apparel. Some of the features that iCongo.com's Web site will be able to handle include contracts, negotiated pricing, approval processing and order management for both buyers and sellers, Calico said. The Montreal-based iCongo.com, which began operations about eight months ago, has 10 employees and about 15 contract staff. The company is privately owned, said Kramer. Shares of the San-Jose, Calif.-based Calico, which had an initial public offering in October that raised $56 million, were up 2-1/2 at 58-7/16 in trade on the Nasdaq stock market. --------------------------------------------------------------------------------