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Technology Stocks : Creative Computers(MALL) -- Ignore unavailable to you. Want to Upgrade?


To: Dave who wrote (1029)12/3/1998 12:32:00 PM
From: Mohan Marette  Respond to of 1634
 
e-Commerce outlook -

Users Plan to Shop Online for Holidays

Deloitte & Touche and the National Retail Federation included a section on Internet shopping in their 13th annual Mood Survey: Retail Holiday Outlook. Surprise: the study found that Internet shopping is growing in importance to consumers. Stores to Gain from Internet
Many retail stores will benefit from the Internet during this holiday shopping season, according to Cyber Dialogue. While its research says some 6.7 million adults will purchase holiday items online this year, an even larger number, 9 million shoppers, will buy items offline, after first gathering information online.
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Amex Makes Its Holiday Predictions

American Express predicted that online holiday shopping by consumers will rise from 8 percent in 1997 to 10 percent this year in its fourth annual Retail Index on Holiday Shopping. The report, based on a national opinion survey of 800 consumers, also found that 69 percent of retailers believe it is too early to know the true retail potential of the Internet. Thirty percent, on the other hand, believe the Internet is already proving to be an important channel.

Online Buyers to Double by Close of '99

Over the past year, 16.8 million Americans have purchased at least one product or service online, according to eMarketer. By year-end 1999, however, the number of online buyers will double to 36.1 million, or 16.6 percent of the U.S. population 14 and older.

Computer Equipment Sales Still Growing

Computer hardware and software remain among the most popular items purchased over the Internet according to research by Forrester.

French E-Commerce Worth $50 Million

E-commerce in France is expected to generate $50 million in revenue in 1998, according to a recent study. The study, by the Benchmark Group, found that 10 percent of French Internet users will make a purchase online by the end of the year.

Online Retail to Pass $100 Million by 2003

Forrester Research Inc. has followed up its projection that consumers will spend $3.5 billion on online purchases in the fourth quarter of 1998 by predicting the value of online retail sales will increase to six percent within five years. Forrester predicts retail revenues totaling $108 billion in 2003.

81 Percent Plan to Shop Online

A study by IntelliQuest Information Group of consumers' e-commerce activities and plans has found that 81 percent of those surveyed intend to shop or buy online in the next 12 months.

Holiday Sales May Hit $2.3 Billion

Shoppers are expected to spend $2.3 billion online during the 1998 holiday shopping season, up from $1.1 billion in 1997, according to research released by Jupiter Communications. Louis Harris & Associates Inc. reports that 43 percent of American computer users say they are likely to shop on the Internet this holiday season.
Retailing Archives

To read the articles in details go to:
cyberatlas.internet.com



To: Dave who wrote (1029)12/3/1998 12:42:00 PM
From: Fred Puppet  Read Replies (2) | Respond to of 1634
 
All of the MALL buyers in the past couple of weeks have bought in anticipation of UBID skyrocketing. Everyone has the same plan: wait for UBID to shoot to the moon after the IPO, watch MALL follow upward, and then sell MALL at a great profit. The bottom line is that all of the MALL speculators are planning to sell in the next couple of days. Not a single one of them wants to be a long-term shareholder. Since all the speculators have already bought, and since they all plan to sell soon, MALL has nowhere to go but down.

I just covered another great short that had a similar story. NRMI was going to have the "official" opening of it's web business, so everyone bought NRMI in anticipation of the news. It ran up before the news, and I shorted at 18. The internet business was announced yesterday, and today I covered at 9.

BTW, I see that Mohan "contrary indicator" Marette is here hyping web commerce. He was doing the same thing on BAMM when I was shorting in the high 30's. Today BAMMs in the low teens!