To: Rocket Red who wrote (8130 ) 1/31/1999 7:32:00 PM From: VisionsOfSugarplums Read Replies (1) | Respond to of 37507
Hi, red. I saw this article from the Internet Stock Report and was wondering whether or not you view this as competition. Didn't Bid.Com also license its online auction technology to American Interactive ? (I don't know if I'm remembering this right - and didn't bookmark Waldo's page). I know Bid.Com has other sources of revenue and also has targeted the Canadian market specifically, but I thought the alliances reported in the Internet Stock Report would pose some competition. Any opinions?internetnews.com (I copied the article to the bottom of my post). Its a big market out there and I think Bid.Com is doing a good job with trying to obtain exposure (to gain market share). I am new to internet and tech stocks and am still trying to absorb some of the information I read. Regards, t. Shopping.com Plans to Offer Internet Access Service By the InternetNews.com Staff [January 29, 1999] Online retailer Shopping.com signed an agreement to develop a customized Internet service based on a marketing alliance with Internet access provider American Interactive Media. The deal takes on added strategic significance because Shopping.com has agreed to be acquired by Compaq Computer Corp. in a $220 million deal expected to close this spring. Compaq, in turn, plans to merge Shopping.com into AltaVista, its Web navigation unit, according to Reuters. Compaq announced this week it intends to spin off AltaVista as a separate, publicly traded company. Shopping.com said its Internet service options will include a $9.95 per month introductory offer and a $15.95 per month pay-in-advance plan. "This service gives us a real point of differentiation from other e-commerce sites," the company said. American Interactive Media, a marketer of Internet access for interest groups, said it will create a Shopping.com portal page with links to the Shopping.com Web site. American Interactive also will place Shopping.com in its banner advertising rotation on sites affiliated with it and will use Shopping.com as the primary electronic shopping service for its network of co-branded Internet access providers, Reuters reported.