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To: craig crawford who wrote (10641)4/28/1998 9:44:00 AM
From: esterina  Read Replies (1) | Respond to of 27307
 
Egghead.com Expands Internet Marketing Program
Two New On-Line Partners

Business Wire - April 28, 1998 09:27

%EGGHEAD-COM EGGS %WASHINGTON %COMPUTERS %ELECTRONICS %COMED
%INTERACTIVE %MULTIMEDIA %INTERNET %RETAIL V%BW P%BW

SPOKANE, Wash.--(BUSINESS WIRE)--April 28, 1998--Egghead.com
(NASDAQ:EGGS) announced today that it has entered into agreements with TheGlobe.com
and Infobeat.com, further expanding the company's Internet marketing efforts.

The new agreements are effective immediately and will integrate sales of Egghead.com's
computer products merchandise through each of the partners' websites.

"We continue to join forces with leading on-line firms and their commerce partners like
Amazon.com and CDNow," George Orban, Egghead.com chairman and CEO said. "These
agreements are creating the new shopping centers of the Internet."

Earlier this year, Egghead.com announced marketing partnerships with GeoCities, CNET,
Yahoo! and USA.Net. "These alliances allow us to make our on-line offer of more than
25,000 computer products available to a growing number of customers who shop the
Internet."

Based in New York, TheGlobe.com (www.theglobe.com) is an on-line community with over
1.3 million members. The site focuses on social dynamics: integrating Personal Homepage
Building Tools, Chat Rooms, Special Interest Groups, E-Mail, Discussion Forums, and a
Marketplace that includes Egghead.com, Barnes and Noble, CDNow, F.A.O. Schwartz and
PC Flowers.

"We recognize that expanding our on-line commerce offerings with premiere brands enhances
the value for our users and we are excited to be partnering with Egghead.com to further this
mission," TheGlobe.com president Stephan Paternot said.

InfoBeat Inc., the world's largest e-mail publisher, has launched InfoBeat MarketPlace, a new
incentive-based online mall. To attract visitors, shoppers will receive free unlimited access to
e-mail-based cartoons, columnists and crosswords. Site traffic will also be driven via links
embedded on the three million e-mail messages which InfoBeat delivers to its subscribers each
day. The initial vendors participating in InfoBeat MarketPlace include Egghead.com,
Amazon.com and The Wall Street Journal.

"InfoBeat MarketPlace is a way to leverage our 2.6 million subscription base and earn
revenues from vendors who recognize the value of reaching out to this rapidly growing
audience," said John Funk, InfoBeat chairman and founder.

About Egghead.com

Egghead.com operates an Internet-based computer products superstore consisting of
www.egghead.com, www.surplusdirect.com and www.surplusauction.com. Earlier this year,
Egghead closed its retail outlets nationwide to focus on building a leading on-line commerce
business. According to Media Metrix, the sites are among the most frequently visited
commerce sites on the Internet. The three sites offer consumers and businesses current
version, close-out, refurbished and end-of-life computer products in regular and auction
shopping formats.



To: craig crawford who wrote (10641)4/28/1998 9:52:00 PM
From: Mike M  Read Replies (1) | Respond to of 27307
 
Craig-
<<People that paid $130 for YHOO thinking that they got a good price for a long-term investment better understand that long-term equals years, not months. Most of the buyers at 130 were mo-mo guys and shorts.>>

Ah ha! On this we can fully agree! The price, by virtue of where it has gone, like PRST in years gone by, has gotten way ahead of itself....Even if YHOO is this fantastic company (which it may be) with a fantastic search engine (which I am dubious) it will take years for the earnings to justify a market valuation of $6B.

Now I will go out on the proverbial limb:

Like PRST, Lutz' stock of the decade, any stumbling by YHOO, before earnings raise to level of stock valuation, and there will be blood in the streets.....Of course, it goes without saying, there is already SHORT blood in the streets.....

Perhaps it will take sales of $600M to $1B and sustainable growth projections of 40% to truly justify this market cap.....

Agreed?

Mike