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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?


To: MR. PANAMA (I am a PLAYER) who wrote (2110)8/12/1998 1:13:00 PM
From: MR. PANAMA (I am a PLAYER)  Respond to of 3183
 
177% Increase in First Quarter Sales Reported At the Fragrance Counter
NEW YORK--(BUSINESS WIRE)--Aug. 12, 1998--The Fragrance Counter (AMEX:ALU - news; www.fragrancecounter.com), the leading online fragrance and cosmetics retailer, today announced that sales for the quarter ending June 30, 1998 were $313,598, up from $113,523 for the same period last year-representing an increase of 177% and reaching a gross profit of 49%.

As previously reported, traffic to The Fragrance Counter for fiscal first quarter 1998 (April, May, June) has quadrupled vs. traffic for the same period in 1997.

Approximately 600,000 users clicked onto the site during this year's second quarter-nearly 500,000 of which visited during May and June-vs. 150,000 users the same time last year.

''Sales for this period are significant because they directly reflect The Fragrance Counter's exclusive agreements with America Online (NYSE:AOL - news), the world's leading internet online service, as well as major ''portal'' sites-Yahoo! (NASDAQ:YHOO - news), Excite (NASDAQ:XCIT - news) and Lycos (NASDAQ:LCOS - news)-all of which became effective in the quarter,'' said Eli Katz, senior vice president and general manager for The Fragrance Counter.

These agreements have enabled The Fragrance Counter to secure exclusive real estate and merchandising space on the Internet, since nearly 86% of approximately 41.5 million web users pass through at least one of these portals every month.

Visitors to The Fragrance Counter's sister site, Cosmetics Counter (www.cosmeticscounter.com),which debuted in mid- June, were not included in the reported figures.

ABOUT FRAGRANCE COUNTER

The Fragrance Counter, launched in September 1995, is a wholly owned subsidiary of Allou Health and Beauty Care. It is widely considered to be the premier retailer of designer fragrances online, offering more than 1,000 brand names and rare, hard-to-find fragrances.

The Fragrance Counter is also a featured retailer on The Microsoft Plaza (NASDAQ:MSFT - news).

Contact for investor relations: ------------------------------

David Shamilzadeh, senior vice president and chief financial officer, 516/787-1312 ALLOU HEALTH AND BEAUTY CARE

Contact for press inquiries: ---------------------------

Eli Katz, senior vice president and general manager, 516/787-1360 FRAGRANCE COUNTER elikatz@aol.com

SOURCE: FRAGRANCE COUNTER

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Contact



To: MR. PANAMA (I am a PLAYER) who wrote (2110)8/12/1998 1:29:00 PM
From: MR. PANAMA (I am a PLAYER)  Respond to of 3183
 
Excite , IDT in internet telephony pact
HACKENSACK, N.J., Aug 12 (Reuters) - Internet company Excite Inc said Wednesday that it has a two-year agreement with Net2Phone, a division of telecommunications company IDT Corp (IDTC - news), to bring Internet telephony to Excite customers in the United Kingdom, Germany, France, Australia, Netherlands, Japan and Sweden.
Net2Phone enables Internet users to place calls to any telephone in the world via the Internet.

Excite said that the Net2Phone icon will be integrated through many of its channels, giving customers a one-click access to download the service, subscribe and make calls anywhere in the world.

Recipients of the call need not be online, as calls are routed directly to traditional telephones.

Because calls are placed through the Internet, phone rates are not based on the country of origin, but on the pricing structure set by IDT, which according to Excite, is low-cost.

Excite said it is also planning to offer a click to dial service, by fully incorporating Net2Phone into Excite's personalized directory.

Users will be able to look up a telephone number in their directory, and then automatically call that person by clicking on the phone number.



To: MR. PANAMA (I am a PLAYER) who wrote (2110)8/12/1998 6:01:00 PM
From: saief  Read Replies (1) | Respond to of 3183
 
I would like to know how the market behaves with Excite's News of release of 1.3 million shares. Will this adversely affect Excite? Will it tank due to selling of the stocks into mid-30's to 40? Any comments.