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To: Sir Auric Goldfinger who wrote (8981)7/27/2000 3:50:46 PM
From: StockDung  Respond to of 10354
 
They could have bought BIGAMAZON.com for much less. LOL shopclue.com



To: Sir Auric Goldfinger who wrote (8981)7/27/2000 4:38:29 PM
From: StockDung  Read Replies (2) | Respond to of 10354
 
Son of 2themart.com?

ShopClue.com (Webmall.com, Inc., Delaware Corporation) is a Partner of Dell Computer Corporation- "Affiliates Program" that offers Backend Internet Web Development for Small Businesses to leverage today's e-commerce revolution. This is accomplished by providing businesses to advertise and market their service or merchandise over the Internet in a centralized on-line mall environment. ShopClue.com.com assists small businesses like yourself in how to develop and market your own "Virtual Store" on-line for a minimal cost worldwide. Our goal is to continually provide you with a competitive and strategic edge in the way you are able to do business on the Internet. We are committed in providing a strategic value to you and your company.

Responsibilities of ShopClue.com:
Our goal, ShopClue.com is for you to participate in the fastest growing industry ever recorded in history. Starting RIGHT NOW, you can list your merchandise or service over the Internet world wide at an affordable cost! We will assist you in: 1) Marketing your merchandise on the Internet 2) Matching and beating any of our competitors' prices so it will be more cost efficient for you or your business. 3) To guide you or your business in how to become a successful player in e-commerce business 4) How to outperform your competitors' who are currently using the Internet 5) Enhancing your revenue and customer base at ShopClue.com.

The Growth of the Internet:
- The Internet is doubling every 100 days. (NY Times, MSNBC, and CNN; January 10, 1999)
- The number of households that are joining the Internet, per hour: 760 ("Global Internet Statistics",
- www.euromktg.com; June 12, 1999).
- By the end of 1999, it's estimated that the number of Internet users worldwide will be over
- 380,000,000 ("Global Internet Statistics", www.euromktg.com; June 12, 1999).
- Currently, 3% of the total population is purchasing goods on-line and by the year 2003 that
- number can reach more than 10% to 15% of the total population (CNN - Business Edition,
- 9/25/1999).
@webmall.com Shopping Departments:
ShopClue.com we have developed 20 Search Directories for you to display your business or personal belongings on the Internet. Depending on which search directory you choose to go with, you will be able to link your merchandise or business up to 500 different Search Engines (View the Search Engine Listing in the back of your Package) through the ShopClue.com domain. Special features on the ShopClue.com domain:

1. Apparel
2. Arts & Crafts
3. Beauty Supplies
4. Customer Review on Products
5. Electronics
6. Entertainment
7. Flowers
8. Frames & Sun Glasses
9. Furniture
10. Home & Office Supplies 11. Hotels
12. Jewelry
13. Merchant Chat Room
14. Merchant Message Board
15. News
16. Sporting Goods
17. Stock Quotes
18. Home & Garden Supplies
19. Travel
20. Toys



To: Sir Auric Goldfinger who wrote (8981)7/27/2000 5:25:15 PM
From: StockDung  Read Replies (1) | Respond to of 10354
 
NASD's securities watchdog to open Long Island office

By Greg Cresci


NEW YORK (Reuters) - Boiler rooms beware. Some 50 stock market cops are coming to your front yard.

Boiler rooms, or brokerage firms that push speculative and sometimes ficticious investments, thrive on New York's Long Island. That's precisely where the securities industry's self-regulatory body, the National Association of Securities Dealers (NASD), will open its newest office.

The move involves transferring about 40 people from the NASD's current district office of 200 in Manhattan to Long Island, a suburb of New York City, where many brokerages are located, Mary Alice Brophy, head of member regulation at the NASD, said.

``There is a concentration of approximately 150 firms located on Long Island, so this lets us be closer to the firms because one of our tasks is getting out and examining them,'' Brophy said.

Boiler rooms, sometimes called bucket shops, were the subject of a popular film titled ``Boiler Room'' released earlier this year which told the story of manipulative stock-pushers at a fictitious Long Island firm called J.T. Marlin.

The story reflected true events involving now defunct Long Island brokerage Stratton Oakmont, which has come to symbolize stock fraud of the type the NASD will fight at its new office.

Stratton Oakmont principals have pleaded guilty to stock fraud.

``I think that the NASD is taking a step in the right direction to develop a regulatory presence in an area where there have been problems,'' said Bradley Skolnick, president of the North American Securities Administrators Association, a Washington, D.C.-based group of state securities regulators.

The new NASD office, located in Jericho, N.Y., is due to open in mid-September and will initially employ about 40 people, with ten more to be hired as necessary, Brophy said.

The staff includes examiners who will review books and ledgers of brokerage firms in the area, an enforcement lawyer or two, and various others dedicated to keeping the securities business orderly and free from fraud.

``Long Island, unfortunately, has become a fertile breeding ground for boiler room activities over the past decade or so,'' Skolnick said. ``I'm sure there are some reputable firms on Long Island. However, we've seen a disturbing number of boiler room operations originate in that area.''

So are the days of Long Island boiler rooms coming to an end? Probably not, given the allure of quick profits and the number of gullible investors willing to hand their money over to unsavory brokers pursuing them. But the NASD plans to make life more difficult for such hucksters.

``I would say if you're running a boiler room in any part of the country, you ought to be worried because we're getting better and better at dealing with the problems that arise in situations like that,'' Brophy said.

16:49 07-27-00