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Non-Tech : SATH - Shop At Home -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (1003)	2/10/1999 10:44:00 PM
From: Batgirl	Respond to of 1329

FYI. On market talk this afternoon it was said " - msft may be looking to buy internet companies and websites to be competitive with yahoo and AOL" Take it how you want.

To: Razorbak who wrote (1003)	2/10/1999 10:44:00 PM
From: ron forgus	Read Replies (1) \| Respond to of 1329

AOL - ARTICLE ON SATH Shop At Home Plans Internet Site for Collectibles Shares Plunge after Disappointment NASHVILLE, Tenn. (Feb. 10) -- Shares of Shop At Home Inc., the third-largest U.S. home-shopping specialty retailer, fell 32 percent after the company failed to announce a partnership with an Internet directory. The shares fell 6 7/16 to 13 9/16 in trading of 16.6 million, making it the sixth-most active stock in U.S. markets. The shares more than tripled in a month before falling 33 percent yesterday. Shop At Home shares had surged on optimism that the company, which sells electronics, jewelry and other goods on TV and online, would team with a top Internet directory such as Yahoo! Inc. to boost its sales on the global computer network. Instead, Shop At Home said it will open a Web site to compete with online auctioneer eBay Inc., disappointing some analysts and investors. ''It's a letdown to some degree,'' said John Ray, president of Legacy Asset Management Inc. in Atlanta, who rates Shop At Home ''strong buy.'' ''There will be some knee-jerk selling of the stock.'' USA Networks Inc., which owns No. 1 home-shopping specialty retailer Home Shopping Network Inc., yesterday agreed to acquire No. 3 online directory Lycos Inc. USA plans to expand its presence on the Internet by combining Lycos with its home-shopping, ticketing and online businesses. USA's purchase of Lycos ''helps solidify in investors' minds this whole marriage of television and the Internet,'' Ray said. Shop At Home hopes to ally with an Internet directory company soon, said Kent Lillie, president and chief executive. He said the Nashville, Tennessee-based company has had talks with Internet companies about an agreement. Collectibles.com The company said it will use software from Oracle Corp. and closely held Internet services company iXL Inc. will construct the www.collectibles.com site, selling items from jewelry to Beanie Babies. Collectibles generate 80 percent of Shop At Home's sales, the company said, primarily from its broadcast network. ''We intend to do auctions,'' Lillie said. ''We plan to set up a community for collectors with chat rooms and customization as the site learns your interests.'' The company said the collectibles site will start running later this year. Shop At Home has an edge over eBay, Ray said, because its site will more offer more than auctions. Shop At Home also said it had a loss of $442,000, or 2 cents a share, in its second quarter ended Dec. 31, compared with the 1- cent average earnings estimate of three analysts surveyed by First Call Corp. The company had net income of $756,000, or 5 cents a share, a year earlier. Revenue soared 71 percent to $39.5 million from $23.1 million. Shop At Home shares began trading on Nasdaq's National Market System today, moving from the Nasdaq SmallCap Market. Shop At Home reaches more than 60 million homes each day through 200 television, cable and satellite stations.

To: Razorbak who wrote (1003)	2/11/1999 10:04:00 AM
From: Instock	Read Replies (1) \| Respond to of 1329

< Off Topic > < FNHC >Interview with KOREL : RE - Post from Yahoo. This one looks like a real interview, unlike the false one someone posted on Yahoo yesterday. **************************************************************** messages.yahoo.com TALK TO MARK KOREL TODAY by: memek 1124 of 1137 phone# (925)988-6550 All the BS saying about him being fired is short spamming, he is working for fnhc. if u want confirmation, call the above number and ask for him. he is a very nice guy and very knowledgeable. glad to have him aboard. I spoke to him for almost 30 minutes and we cover a lot of informations. some of them are : * additional 22+ mil shares are restricted shares, can't sell it until holding period is over (1 year) * only 4-5 out of 27 planned portals are completed, some will be completed soon. fnhc is talking to AOL + YAHOO, but will not commit near term. it cost them a fortune to make those alliances * fnhc is 'in talks' with several major brokerage house to provide coverage, BROKERAGE HOUSES are VERY INTERESTED about fnhc. * company also 'in talks' to make alliances with warehouse lenders (possibly norwest too). * about those default that caused warehouse lender to raise interest rate by 4%, fnhc WILL CURE DEFAULT VERY SOON, THERE WILL BE A PRESS RELEASE NEAR TERM!!!!. after the default has been cured, fnhc will obtain favorable interest rate. * revenue from e-commerce is expected to rise from 55% to 75%+ near term. * fnhc is the only publicly traded e-mortgage firm but mark expects to see some other firms GO PUBLIC AND WILL PROVIDE ROCKET FUEL TO FNHC IN SYMPATHY. * fnhc is in the process of wrapping up the numbers for earning, earning will be out next couple of weeks. * he will fix balance sheet soon so fnhc could have a clean one by next quarter. * he will fix the cash flow and aiming to have a positive cash flow soon. * He recruited lots of talent and he thinks he will get one if he needs it He sounded very positive and upbeat about future of fnhc. and I'm going to buy more tomorrow.