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Technology Stocks : IMAL - Online Shopping Mall -- Ignore unavailable to you. Want to Upgrade?


To: GR who wrote (45)12/22/1998 6:42:00 PM
From: GR  Respond to of 399
 
Actually the deal with at+t will be hugh for imal.This deal links all at+t customers to a discounted rate on long distance when using imall.That is the reason the stock moved.The fact that sales are low is old news.The stock is acting based on future increased earnings.I also don't see any trades at less than 28 7/16 after hours.And these trades mean nothing.Rather i would focus on the fact that the stock closed on a rally of 2 bucks.AT=T link really does mean a hugh presence on their site.



To: GR who wrote (45)12/22/1998 6:43:00 PM
From: GT  Respond to of 399
 
iMAL compared with EBAY,ONSL and YAHOO in news after the bell....

iMall takes off on AT&T discount deal
Stuff.com offers $20 off to AT&T WorldNet subscribers

By Ron Feemster, CBS MarketWatch
Last Update: 4:49 PM ET Dec 22, 1998 See Internet Daily

SANTA MONICA, Calif. (CBS.MW) -- In the world of Internet stocks, small retailer Davids would never think of slaying Goliath. Instead, companies see their stock prices slingshot into the stratosphere after they join forces with a giant portal or service provider.

iMall (IMAL) is the latest to make the move.

Shares of the tiny online merchant rocketed 135 percent on Tuesday after it said its site, Stuff.com, would offer AT&T WorldNet (T) subscribers up to $20 in discounts.

Shares climbed 16 3/8 to 28 1/2, easily setting a new 52-week high of 16 7/16 set on Nov. 29. AT&T traded down 7/8 at 73 5/16 on Tuesday.

Investors, of course, are betting that links from big sites and providers will drive shoppers to the smaller retailers and bump up their sales overnight.

Monday, online auctioneer Onsale (ONSL) screamed up 56 percent on an e-commerce deal with Yahoo (YHOO). Shares of competitors eBay (EBAY) and UBid (UBID) rose nearly as quickly as their smaller competitor.

Earlier this month, online clothing retailer Bluefly (BFLY) picked up more than 40 percent in a single day when it located a store on Yahoo's (YHOO) online mall. Bluefly traded down 1 1/16 at 12 1/2 on Tuesday.

Going to Stuff.com could save AT&T phone customers money as well.

iMall's shopping portal will offer users a discount on AT&T One Rate Online. Those willing to manage their long distance bills online will get interstate direct-dial service for 9 cents a minute at Stuff.com.

With agreements like these, big sites and providers get to add little service extras to their wide product arrays.

"Our customers get VIP access to one of the Web's most unique shopping portals," said AT&T WorldNet President Dan Schulman in a statement.

Ron Feemster writes for CBS MarketWatch in New York.





To: GR who wrote (45)12/22/1998 7:50:00 PM
From: Anthony@Pacific  Read Replies (3) | Respond to of 399
 
You are botrh long and i feel for both of yo9u the fact thatr this thread is at a measly 40 something postes should let you know that Disaster will strike ....poor babies