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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?

To: Capt who wrote (777)	12/2/1998 10:20:00 AM
From: William Bach	Read Replies (1) \| Respond to of 2004

Morning Report Wed Dec 02 Open Market Up 130% ISDEX Sees Smaller Stocks Shine By Steve Harmon Senior Investment Analyst Internet.com "Where Wall Street Meets The Web" Commerce software maker Open Market (NASDAQ:OMKT - news) , long ignored as investors snapped up shares of more well-known etailers, finally got its due as OMKT soared 130% to $15.6875 per share since November 24. Behind the sleigh ride was Open Market's debut November 30 of its 'eChristmas program' which lets small businesses add payment, credit card approval and transaction ability to their Web sites on a small fee basis--rather than having to buy and install huge commerce server software packages. The move may foreshadow Open Market becoming more service-oriented rather than software-oriented in our opinion. There's a fine line between software and service on the Web but the key indicator is the business model. Together with partner ICOMM the eChristmas program charges a $100 sign-up fee, $100 per month service fee (with a one-month minimum) and $0.95 per transaction (exclusive of credit card fees).