SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NewKidCo International (OTC:NKCIF) (TSE:NKC) -- Ignore unavailable to you. Want to Upgrade?


To: esecurities(tm) who wrote (2872)12/4/1998 12:10:00 AM
From: esecurities(tm)  Respond to of 4231
 
"Online sales start strong" or Two Elmo's in the bush is worth an Om in the hand?

"...As major retailers began reporting results for November, the start of the holiday sales rush, their online counterparts followed suit, touting the predicted huge jumps from the Thanksgiving weekend.

Online retailers issued a host of statements documenting strong e-commerce sales, but contrary to the formula shares didn't respond.

In recent weeks, if a company mentioned Web and e-commerce in the same news release, its stock went skyrocketing. Take a gander at Books-a-Million Inc. (Nasdaq: BAMM) and dELiA*s Inc. (Nasdaq: DLIA) for a recent examples. Online software seller Beyond.com Inc. (Nasdaq: BYND) said that Thanksgiving weekend sales jumped 700 percent. Sales of game software rose 200 percent from the four previous weekends, and educational software rose 250 percent, the company said, although it did not give specific sales figures.

Internet computer store Cyberian Outpost Inc. (Nasdaq:COOL) hit its first $1 million day on Monday, following a Thanksgiving weekend which saw orders nine times higher than the previous year. The company recently launched a television and print ad campaign touting the site.

'Extremely pleased'
"We are extremely pleased by our strong performance over the Thanksgiving weekend," CEO Darryl Peck said in a release. Analysts have pegged this as the year when Internet commerce really kicks off, and the early reports seem to be backing them up. Jupiter Communications has predicted that holiday sales alone will hit $2.3 billion..."


source: &copy copyright 1998 By Margaret Kane, ZDNet
dailynews.yahoo.com

Waldo: Where's ONLINE merchant? ...how did Alpha [also] miss making this product simply omnipresent [internet/retail channels...] this xmas...this opportunity...simply...will never occur...ever...everything [[critically acclaimed] product reviews...the name...historical paradigm shift viz a viz [the] Internet and e-commerce as [the] [only] thing Wall Street, foreign governments, children, kadaffi, Dell, can all agree that it is the single biggest, most substantive event to happen in history(.)]...simply was in proper configuration for Alpha to wrest immediate and dominant market share with...Alpha had its bird in the hand with ONLINE merchant but focused everything on NewKidCo which simply did not happen(.)