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To: changedmyname who wrote (59427)3/3/1999 11:44:00 AM
From: Mr. Big  Respond to of 119973
 
''I am extremely pleased by Bluefly.com's first full quarter of operations,'' said Ken Seiff, Chief Executive Officer. ''During this period, we saw our online store's traffic grow by 2,200% to 664,230 unique users for the month of December from 28,297 in September. We also saw our sales numbers increase significantly, including our average order size, but more importantly, perhaps, we started to learn about our customers and their purchasing preferences which should accelerate our ability to expand our product offering intelligently and grow our business,'' Seiff added.

The total number of registered users also grew by 1,556% to 26,048 at the end of December from 1,573 at the end of September. During the fourth quarter, the average user spent nearly 11 minutes on the site and viewed approximately 18 pages per visit.

''Considering that our strategic marketing deals with Yahoo! and Lycos did not launch until late in the fourth quarter and that our focus during this period was to lay the foundation for a business which we hope will grow for many years to come, this has been an exceptional start. Armed with over $10 million of new capital and several months of customer data, we can now accelerate our marketing initiatives, strategic portal alliances and inventory purchases in an effort to capitalize on our great head start,'' Seiff said.

I expect more good news tomorrow morning, maybe even a new marketing initiative...

Big



To: changedmyname who wrote (59427)3/3/1999 1:24:00 PM
From: Brett Fleischman  Read Replies (1) | Respond to of 119973
 
BFLY is on at what time?

Brett