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Technology Stocks : Egghead Computer (EGGS) -- Ignore unavailable to you. Want to Upgrade?


To: BILL L who wrote (1501)7/15/1998 3:55:00 PM
From: Aladdin  Read Replies (1) | Respond to of 8307
 
CYBERSHOP: On The Topic of E-TAILING In General.

I have been following Cybershop (NASD:CYSP) as long as I've been following EGGS. Granted, CYSP's earnings are only in the Hundreds of Thousands of Dollars vs. Millions like ONSL and EGGS, but I was wondering if any of you on this string were following CYSP or any other E-Tail stocks.

Cybershop sells high end retail merchandise (Movado Watches, Yuppie Kitchen Accessories, Etc.) They have marketing deals with AOL, Excite and AtHome, among others. I believe I heard that their average sale is over $150. Recently the announced that their traffic was so high, they were losing sales because people couldn't get through. (Granted, not the best news if you're giving out Technical Support awards, but still a good sign.)

They seem just at the beginning of their growth curve and may be able to post 100%+ revenue gains for the next few quarters. The stock went public in early April at 9, shot up to 27 for 1 day around April 22 when the CEO was on CNBC, and then tanked to the very low teens. Earnings expected out July 29.

This may be the next stock on the launch pad. Your thoughts would be appreciated.