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Technology Stocks : shopping.com (IBUY) -- Ignore unavailable to you. Want to Upgrade?

To: afrayem onigwecher who wrote (362)	1/11/1999 9:14:00 AM
From: afrayem onigwecher	Read Replies (3) \| Respond to of 435

Thank you for using VectorVest Stock Analysis of Shopping.Com Thank you for requesting an analysis of Shopping.Com from VectorVest ProGraphics. The ticker symbol for Shopping.Com is IBUY. IBUY is traded on the NASDAQ. PRICE: IBUY closed on 01/08/1999 at $13.20 per share. RT (Relative Timing): IBUY has an RT rating of 1.68. On a scale of 0.00 to 2.00, an RT of 1.68 is excellent. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock's price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock's Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low and dive from a Price high. All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00,the stock's Price is in an uptrend. Below 1.00, the stock's Price is in a downtrend. VST-Vector (VST): IBUY has a VST-Vector rating of 1.04. On a scale of 0.00 to 2.00, an VST of 1.04 is fair. VST-Vector solves the dilemma of balancing Value, Safety and Timing. Stocks with high RV values often have low RS values, or stocks withlow RV and RS values have high RT's. How can we find the stocks with the best combinations of Value, Safety, and Timing? The classic vector formula (square root of the sum of the squares) handles this problem. It combines a set of forces into a single indicator for ranking every stock in the VectorVest database. Stocks with the highest VST-Vector have the best combinations of Value, Safety and Timing. These are the ones to own for above average capital application. STOP-PRICE: IBUY has a Stop-Price of 11.80 per share. This is 1.40 or 10.6% belowits current closing Price. VectorVest analyzes over 6,000 stocks each day for Value, Safety and Timing, and calculates a Stop-Price for each stock. These Stop-Prices are based upon 13 week moving averages of closing prices, and are fine-tuned according to each stock's fundamentals. In the VectorVest system, a stock gets a "B" or an "H" recommendation if its price is above its Stop-Price, and an "S" recommendation if its price is below its Stop-Price. VOL(100)s: IBUY traded 161300 shares on 01/08/1999. AVG VOL(100)s: IBUY has an Average Volume of 213045. Average Volume is 50 day moving average of daily volume as computed by VectorVest. % VOL: IBUY had a Volume change of -24.3% from its 50 day moving average volume. OPEN: IBUY opened trading at $12.53 per share on 01/08/1999. HIGH: IBUY traded at a high of $13.25 per share on 01/08/1999. LOW: IBUY traded at a low of $12.50 per share on 01/08/1999. CLOSE: IBUY Closed trading at $13.20 per share on 01/08/1999. % PRC: IBUY showed a Price change of 5.6% from the prior day's closing price. INDUSTRY: IBUYhas been assigned to the Software (Internet) Group. VectorVest classifies stocks into over 190 Industry Groups and 50 Business Sectors. The basic strategy of VectorVest is to buy low risk, high reward stocks. We suggest that Prudent investors buy enough high Relative Value, high Relative Safety stocks to keep the overall RV and RS ratings of their portfolios above 1.00. As you do this, you'll find that your risk will go down and your investment performance will improve. Not a bad combination. Thank you for your interest in VectorVest ProGraphics.

To: afrayem onigwecher who wrote (362)	6/2/2000 3:41:00 PM
From: StockDung	Read Replies (1) \| Respond to of 435

Shopping.com saga comes to a close.Waldron & Co. convicted of market rigging scheme msnbc.com OPINION By Christopher Byron MSNBC CONTRIBUTOR June 2 ? It took over two years to come to trial and be resolved, but this week an eight person civil jury in California confirmed what MSNBC.com exclusively reported in a series of articles in the spring of 1998: that a now defunct investment firm named Waldron & Co. had engaged in a massive market rigging scheme to corner the stock in an Internet retailer named Shopping.com, Inc. and force up the price of the shares through a complex gimmick known as above-market buy-ins. IN THE CASE, the jury awarded the plaintiff ? a San Francisco hedge fund named Corsaire Partners ? $920,000 in total damages on a finding that Waldron and its back office clearing firm, Wedbush Morgan Securities, had cooperated in cornering the market for Shopping.com shares after the company went public in a Waldron-underwritten IPO. Thereafter, the jury found, Wedbush ? a leading securities clearing firm ? used its own capital to finance Waldron?s manipulation of Shopping.com?s stock price through so-called above-market buy-ins. Above-market buys result when a short-seller of a security is asked by a buyer (a ?long?) to make actual delivery of the shares. If the stock is so scarce in the market that the short-seller cannot obtain the requested shares through open market purchases, the broker for the buyer of the shares can go into the market and offer a price high enough to induce an existing holder to sell ? then buy the shares at the offered price and simply charge the short-seller?s account. On the Shopping.com trail ? On the Shopping.com trail ? Shopping.com resumes trading ? Compaq buys Shopping.com In the case of Shopping.com, these over-the-market buy-ins forced the company?s stock price from $9 per share at the time of the IPO in November of 1997 to nearly $40 by February of 1998, making the offering one of the first dot-com IPO super-stocks of the late 1990s. Advertisement Quick Gifts Swimwear Books Music & Video Computing Electronics Toys & Games More . . . This gave Shopping.com a market value of more than $200 million when the business itself was almost worthless. To create the appearance of a thriving online retailing business, the underwriter of the offering had bought substantial quantities of office supplies from the Shopping.com Web site prior to the IPO but never disclosed that fact in the IPO registration statement. Trading in Shopping.com shares was halted by the Securities & Exchange Commission following the MSNBC.com disclosures, and the company itself was eventually acquired by Compaq Computer Corp. for an aggregate purchase price of $257 million in February of 1999. Six months later Compaq bundled the asset together with the Alta Vista Co. search engine business that it had acquired in the takeover of Digital Equipment Corp. and sold an 83 percent interest in the package to CMGI, Inc., the big Internet holding company. Bookmark this column Christopher Byron's column appears twice a week. ? Click here to bookmark As for the others in the case, Waldron Co. itself is now out of business and its president and CEO at the time, Mr. Cere Perle, is now an insurance salesman in the Los Angeles area. The Federal Bureau of Investigation is known to be conducting a criminal investigation into various aspects of the Shopping.com matter.