Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?

To: BlueChip who wrote (10192)	2/19/1999 11:44:00 AM
From: Muwamba	Respond to of 37507

Hey You'all check this out.. Shop At Home Network to Feature D.G. Jewellery Products On-Air and RELATED SYMBOLS: (SATH)(DGJLF) TORONTO (Feb. 19) BUSINESS WIRE -Feb. 19, 1999--D.G. Jewellery of Canada Ltd. (Nasdaq:DGJLF) has announced today that the Shop At Home Network (Nasdaq:SATH) in Nashville, Tennessee will begin to air D.G. Jewellery's products on its television Shopping Network, effective immediately. In addition to having its products aired as part of Shop At Home's regularly scheduled jewelry offerings, D.G. Jewellery will have programs dedicated exclusively to its products and featuring one or more of its own designers. Jack Berkovits, CEO of D.G. Jewellery stated: "We are honored and proud of our newest E-commerce affiliation with the Shop At Home Network. Their honesty and integrity, their dedication to customer and vendor, their pursuit of quality and value, their state-of-the art broadcast facility and their commitment to growth and enhancement of shareholder value make the Shop At Home Network a perfect partner for D.G. Jewellery. We are confident that this new affiliation will become a very significant and mutually beneficial one." Berkovits further added: "This is another giant step towards accomplishing our stated goal of becoming the world leader in E-commerce initiatives for jewelry companies. We have attained success in this field faster than we dared imagine. I believe this bodes very well for our shareholders going forward." Henry Shapiro, Vice President of Merchandising for Shop At Home stated: "Jewelry represents an important merchandise category to our company and as in all categories, our vendors are critical to our success. In D.G. Jewellery, we feel we have found a crucial ally to further our commitment to quality products and honest values. We look forward to a long and successful relationship with D.G. Jewellery." About Shop At Home Shop At Home recently unveiled plans to launch www.collectibles.com as the premier online collectibles community. Collectibles.com will provide customers a broad selection of unique and authentic collectible merchandise and information through a state-of-the-art web-site. The site will eventually offer video-on-demand and personalization. Shop At Home is the country's second oldest and fastest growing home shopping network and 19th largest broadcaster. The Company reaches over 60 million full and part-time cable households for a portion of each day through its network of over 200 affiliated television, cable and direct broadcast satellite systems, and its owned and operated stations. The Company currently provides on-line shopping at www.shopathomeonline.com. D.G. Jewellery of Canada Ltd. is primarily engaged in the design, manufacture, merchandising and distribution of stone-set jewelry for department stores, mass merchants, catalogue showrooms, television shopping networks and other high volume retailers and other major discounters. The Company maintains a broad base of customers concentrated in four major jewelry segments: i) department stores such as J.C. Penney and Saks Fifth Avenue ii) specialty markets such as, QVC Inc., Home Shopping Network, ValueVision International, Shop at Home, QVC England, QVC Germany, The Shopping Channel (Canada) and Bid.Com iii) jewelry chain stores such as Zales, Gordons, Friedmans and others iv) mass merchandisers such as Wal-Mart and Zellers v) with USA acquisitions in fold, D.G. Jewellery is increasingly exporting to the USA and demonstrating its ability to "deliver the goods" Except for the historical information contained herein the matters discussed in this press release include forward-looking statements that may involve a number of risks and uncertainties. Actual results may vary significantly based on a number of factors, including, but not limited to, risks in product demand, the impact of competitive products and pricing, changing economic conditions, both here and abroad, release and sales of new products, and other risk factors detailed in the Company's most recent annual report, and filing with the Securities and Exchange Commission. -0- slb/clv* CONTACT: Consulting for Strategic Growth, Ltd. Stanley Wunderlich, 516/625-4523 From USA & Canada 800/625-2236 cfsg@iname.com or D.G. Jewellery of Canada Ltd. Jack Berkovits or Gary Davis, 416/665-8844 Canada 800/387-3756 From USA 800/345-9579 dgjewel@aol.com dgjewellery.com KEYWORD: NEW YORK TENNESSEE INDUSTRY KEYWORD: Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (Public Company & Wall Street & Business & High Tech) A service of the Financial Data Cast Network (FDCN) and Window On WallStreet Inc.

To: BlueChip who wrote (10192)	2/19/1999 11:49:00 AM
From: donkeyman	Respond to of 37507

WHY NO EBAY STYLE BUSINESS IN CANADA.????That CNN-TV Fortune program the other night that did a piece on EBAY said if you added up, in the United States alone, auctions, flee markets, classified ads and garage sales, it would add up to US$100 BILLION. EBAY just began to tap this market. WHY DON'T WE HAVE AN EBAY STYLE BUSINESS IN CANADA? I don't understand it. The program started off showing a lady about to go on food stamps so she purchased a digital camera and computer and it was all she needed to sell her old antique stuff over EBAY. She said her first sales was tape measures that she paid $0.25 each for at a local flee market in Texas and made a good profit once sold over EBAY. The average sale price on EBAY was US$46.00 per item. The program showed a little surgical kit from the civil war being auctioned at US$910.00. A super car prototype that sold for US$300,000.00 and even Pamela Anderson's G-string for US$700.00. The idea came from a dinner table conversation between this regular software engineer and his girlfriend who was trying to sell Pez dispensers. That's where the idea generated to bring buyers and sellers together. Sellers provide a photo and description and establish a minimum bid. Buyers log on and bid on stuff that's auctioned for 3-7 days. EBAY has gotten consumers to change the way they spent their time and money. Three years after EBAY started, they went public. Last Sept. the shares were US$18.00 and 4 months later they cracked US$300.00/share. EBAY is valued at $11 billion and have 2 million subscribers and the owner is a billionaire. EBAY claims they've auctioned 47 million items since they started. EBAY is the middle man that links buyers and sellers. It's income is derived from commissions. $0.25 to $2.00 to list an item and 1/2 to 5% of total sale price goes to EBAY. It doesn't sound much, but multiply that by 2 million subscribers up from 341,000 subscribers 1 year earlier. An enormous growth. They said fraud problems represent 27 of 1 million transactions. 0.0003%. They have a feedback forum to snitch on fraud cases. To clue up, they showed a guy who had an old rare bookstore. 80% of his books was on the shelf for years, not sold. Since he joined EBAY he listed 1200 books and sold 800 so far. 4-5 cheques come to him everyday. EBAY is having a 3 for 1 stock split coming up March 1. Let's hope BID.COM also gets involved in this type of business.