To: SmartStockAdvsr.com who wrote (2845 ) 2/10/2000 3:48:00 PM From: SmartStockAdvsr.com Respond to of 2994
HouseHold Direct.com Interview on WallStreetReporter.com NEW YORK, Feb. 10 /PRNewswire/ -- HouseHold Direct.com (OTC Bulletin Board: BYIT) today announced that its chairman and CEO, John Folger was featured in an interview with the online financial forum, WallStreetReporter.com. In this interview, which can be heard at wallstreetreporter.com , Mr. Folger discusses the implementation of the HouseHold Direct.com business plan after the release of its new Online Shopping Portal. This newer version of the Web site features direct manufacturer to consumer pricing on up to a million products through almost 1000 different manufacturer and distributor sources. Mr.Folger also discusses the pending financing,acquisitions, and the potential for possible new Wall Street valuation criteria for the Company. In addition, the starting dates of the new marketing plan, which is designed to deliver membership and revenue, are covered. There is also a series of short comments on current funding, the form 10 filing status, and the expansion of the shareholder base of the Company. With the final improvements and testing of the Web site, the Company will begin the implementation of the new marketing initiative. Several promotional campaigns are also scheduled, including the giveaway of a brand new house. HouseHold Direct.com members can save 20% to 65% or more over retail prices. Nearly 1,000 manufacturers and distributors are part of the HouseHold Direct.com network, which allows members to purchase just about anything for in and around their homes. HouseHold Direct.com ( householddirect.com ) offers a unique cost-plus handling shopping service on the Internet. The company's Web site allows consumers to purchase brand name products at direct manufacturer and distributor prices. The Company will also be opening local member service centers in key markets nationally. This arrangement works well for both consumers and manufacturers -- consumers buy products without a retail markup and manufacturers are able to offer specific products to qualified consumers. HouseHold Direct.com operates within the larger consumer wholesale club market, which includes such notable operators as Costco Wholesale Corporation, BJ's Wholesale, and Sam's Club, which is part of the Wal-Mart organization. Last November Fortune Magazine ranked HouseHold Direct.com as a possible takeover candidate, along with Accompany, accompany.com and Mercata, mercata.com . Additional information on the Fortune magazine article, and Household Direct.com, including Frequently Asked Questions (FAQ), can be obtained at 1stnettech.com or by sending an email to:smartstockadvisor@yahoo.com . Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995.Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings. -- CONTACT: Investor Relations - SmartStockAdvisor.com -- Toll Free: 877-643-8821, E-mail: smartstockadvisor@yahoo.com -- Web Site: 1stnettech.com SOURCE HouseHold Direct.com /CONTACT: Public Relations, Patrick Brink of LaBreche Murray, 612-392-7612, pbrink@labrechemurray.com , for HouseHold Direct.com, or Investor Relations, Geoffrey Eiten of OTC Financial Network, 781-449-8696 ext. 13, geiten@otcfn.com / /Web site: wallstreetreporter.com / /Web site: householddirect.com /