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To: T A P who wrote (9131)3/12/1999 3:15:00 PM
From: MoneyMade  Read Replies (2) | Respond to of 15987
 
I'll have another one in five minutes...record that one also! In fact...damnit I'm going to make you my personal secretary; get the inside track...answer my calls, check my fax box and get me a cup of coffee...Can you wear a short skirt?

What a laugh!



To: T A P who wrote (9131)3/12/1999 3:31:00 PM
From: MoneyMade  Read Replies (2) | Respond to of 15987
 
Here: get this out...CYSP

By Darren Chervitz, CBS MarketWatch
Last Update: 3:02 PM ET Mar 12, 1999
Internet Economy
Internet Stocks

SAN FRANCISCO (CBS.MW) -- Online retailer CyberShop has agreed to
pay Yahoo to be featured on several categories in the portal's shopping
channel, a source close to the negotiations told CBS.MarketWatch.com.

The source declined to comment on the financial terms of the marketing
agreement, saying only that it is a "long-term relationship." The deal is
expected to be announced Monday.

"Both parties felt the timing was finally right to do a deal. CyberShop has
been around for several years, while Yahoo's shopping service has been
gaining serious momentum," the source said.

CyberShop (CYSP), which calls itself an online
department store, and Yahoo (YHOO) have talked
on-and-off for more than three years about coming
together on a deal, but could never agree on terms,
the source said. A spokeswoman at Yahoo declined
to make a statement on the deal and CyberShop
officials couldn't be reached for comment.

The relationship could provide a boost for
CyberShop shares, which have been languishing
since the beginning of the year. On Friday, the stock
gained 1 5/8 to 8 5/8 on heavier-than-average
volume. That is still well under the stock's 52-week
high of 30, reached on Nov. 30.

At current prices, Wall Street values the company at
about $55.1 million. CyberShop generated $4.8
million in sales and $8.9 million in losses during 1998.

In March, Compaq (CPQ) completed an all-cash
purchase of CyberShop rival Shopping.com
(IBUY-BB) for more than $200 million.
Shopping.com will become a division of Compaq's AltaVista Internet
services unit.

The company recently announced distribution deals with Amazon.com's
"Shop the Web" service, E-Trade and also renewed its pact with America
Online for this year. Cybershop is also featured on the Excite and Microsoft
Web sites.

Late last year, the company also launched electronics.net, a joint venture
with Tops Appliance City, and egift.com. See related story.

While the company did not detail specific results for the newer sites, it did
say in a February press release that "early results ... are encouraging and
support CyberShop's framework to pursue additional growth by opening
other niche-oriented sites and further maximize the marketing, distribution
and back office infrastructure already in place."

Yahoo launched its shopping site in the fourth quarter of 1998 and signed up
more than 3,400 merchants by the end of the holiday period.

Jonathan Morris, executive vice president of apparel retailer Bluefly
(BFLY), said its placement on the Yahoo shopping service has been a big
plus.

"It's very important to our business, and they're a great partner for us,"
Morris said. "And I think they're making improvements to the product that
will only make it better and more important."