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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: melinda abplanalp who wrote (2933)	2/5/1999 11:42:00 AM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Yeah, you can't beat Eddie Bauer. The company already announced that it was wanting to change its stock symbol to reflect their biggest division. Spiegel has taken a backseat to Eddie Bauer. So I expect the symbol change to be something like EDDI. When that happens the near sighted masses will discover it, IMO. Then look out. This is one of the few e-commerce companies that are really making an impact in the retail world. If I were Abercrombie and Fitch [another favorite] I would be looking to make some major changes to assure I didn't lose too much internet market share to Eddie Bauer. Amazon is huge because Amazon was there first doing it. BAMM and BKS and BGP are all trying to compete, but Amazon has too far a lead. I think the same will happen with EDDI or whatever they will call it. Rande Is

To: melinda abplanalp who wrote (2933)	2/6/1999 10:35:00 AM
From: fishweed	Read Replies (1) \| Respond to of 57584

SPGLA - Here is an article out of Business week. It's a few weeks old but I think is relevent to the buy-out rumors. Downers Grove, Illinois, Jan. 14 (Bloomberg) -- Clothing and home-furnishing retailer Spiegel Inc. could be an attractive stock for investors interested in Internet stocks that aren't as expensive, Business Week's ''Inside Wall Street'' reported. Investment manager Mark Boyar said the company, which has been online more than three years and whose Internet sales make up a small percentage of their total, could see Web sales jump in a year to $300 million, or 10 percent of total sales. An unidentified strategist at an investment bank said Spiegel shares, which closed at 8 today, could be worth 20 in a buyout, the magazine said. Eddie Bauer, a unit of Spiegel, said it expects fourth- quarter revenue from its Internet site to more than triple amid a surge in online shopping. (BW, 1/14, 92, www.businessweek.com)