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Technology Stocks : SHRP: The Sharper Image, Profitable making $ on Internet! -- Ignore unavailable to you. Want to Upgrade?

To: StormRider who wrote (204)	2/4/1999 9:31:00 AM
From: MarieS	Read Replies (1) \| Respond to of 353

Tracy Wan and Richard Thalheimer: You have been hyping the increase in internet sales for November and December (i.e., yesterday's hype news release). How about disclosing the January number? This one-sided hype disclosure is what the SEC is interested in looking at and it is being brought to their attention. Also, how about quantifying how much of the January sales decline was due to "product shortage"? This looks very misleading! This is more hype so the insiders can dump more stock on the dumb on-line traders. Please reply to these questions in the next news release.

To: StormRider who wrote (204)	2/4/1999 12:00:00 PM
From: StormRider	Read Replies (1) \| Respond to of 353

Sharper Image sales down, comfortable with views SAN FRANCISCO, Feb 4 (Reuters) - Sharper Image Corp. (Nasdaq:SHRP - news) on Thursday reported a 4 percent decrease in January same-store sales and said it was comfortable with analysts' earnings estimates of $0.45 a share for 1998. Sharper Image earned $0.07 a share in 1997. The San Francisco-based company, whose retail stores sell a variety of high-tech gadgets and electronic devices, said total sales in January were $12.1 million, a 5 percent decrease from $12.8 million a year earlier. For the fourth quarter, total company sales of $110.5 million were 15 percent higher than the prior year's $95.7 million, and same-store sales increased 8 percent. ''All areas of our business contributed to the record fourth quarter sales,'' Richard Thalheimer, the chairman and founder, said in a statement. ''Our Web site, sharperimage.com, the largest and fastest growing segment of our Internet sales, increased fivefold in the fourth quarter.'' ''While the tremendous sell-through of key items in November and December created product shortages in January that adversely impacted the sales results, our January gross margin continued to be strong with a five percentage point improvement from last year,'' he added. The company operates 87 stores throughout the United States and also sells through catalogs and the Internet. The shares closed at 15-3/4 Wednesday on the Nasdaq stock market.