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Technology Stocks : OnSale Inc. -- Ignore unavailable to you. Want to Upgrade?


To: D.J.Smyth who wrote (4005)4/6/1999 1:22:00 PM
From: Oliver & Co  Respond to of 4903
 
Onsale Expands Management Team
Tuesday April 6, 12:07 pm Eastern Time
Company Press Release

MENLO PARK, Calif.--(BUSINESS WIRE)--April 6, 1999--Onsale®, Inc. (Nasdaq:ONSL - news), a leading Internet real-time retailer, today announced that it has appointed Omar S. Quddus as director of customer service and promoted Jerry Pierce to vice president of sporting goods.

''Omar and Jerry bring years of experience to their fields of expertise,'' said Jerry Kaplan, Onsale's president and CEO. ''We are committed to hiring the best people in the industry to expand and grow our business.

''With over one million registered customers and thousands of orders processed everyday, first class customer service is essential to our organization,'' said Kaplan. ''Omar will be instrumental in creating an infrastructure that supports a world-class customer service organization, and developing programs that best serve the needs of our customers. In addition, I am pleased to announce the promotion of Jerry Pierce, who joined Onsale 14 months ago, to grow our sports and fitness business. Because of Jerry's diligence and hard work, Onsale is one of the largest sellers of sporting goods on the Internet today.''

Before joining Onsale, Quddus held management positions at Logistix, Integrated Supply Chain Management, a company that provides outsourcing operations for high technology companies, where he implemented and managed e-commerce solutions to improve customer service operations. He has also served in management positions at Apple Computer, Inc. and International Design, Inc.

Pierce is responsible for growing the sporting goods segment of Onsale's business through the acquisition of sporting goods and fitness equipment such as golf and tennis equipment, treadmills, camping and hiking equipment, tee-times, bicycles and general sporting goods.

''During my time at Onsale, we've expanded our product offerings from 10 to 15 items to over 300 different items every auction,'' said Pierce. ''We will continue to grow this segment of our business by offering customers great buys on sporting goods, and by increasing our product listings and services.''

Prior to joining Onsale in 1998, Pierce held management positions at Sportmart, Inc., a national sporting goods retailer, where he developed, implemented and managed all aspects of Team Sports categories and footwear. He also worked as a buyer at United States Shoe Corporation, and the Endicott Johnson Corporation, a shoe manufacturer and retailer.

About Onsale

Onsale (Nasdaq:ONSL - news) is a leading Internet real-time retailer providing low prices and personalized service through automation. Onsale atCost offers computer equipment at wholesale prices directly to businesses and consumers. Onsale atAuction offers bargains on excess merchandise and services through online auctions, such as personal computers, consumer electronics, sports and fitness equipment, and vacation packages. Onsale atCost and Onsale atAuction are located on the World Wide Web at www.onsale.com.

Note to Editors: Onsale is a registered trademark and Onsale atAuction and Onsale atCost are trademarks of Onsale, Inc. All other companies and their brand names mentioned are trademarks or registered trademarks of their respective holders.

This press release contains forward-looking statements regarding the company and its expectations which involve certain risks and uncertainties. These risks and other uncertainties are described in more detail in the company's most recent quarterly report on Form 10-Q and annual report on Form 10-K under ''Risk Factors.''



To: D.J.Smyth who wrote (4005)4/6/1999 1:24:00 PM
From: Oliver & Co  Read Replies (1) | Respond to of 4903
 
I did not know ONSL was in the Sporting Goods Business.!
Go ONSL.



To: D.J.Smyth who wrote (4005)4/6/1999 2:06:00 PM
From: zurdo  Read Replies (1) | Respond to of 4903
 
The rock must be cooking...for 1/8s!!!...No doubt today is a daytraders' delight!!!...Not just in this stock but widespread SOES banditry abounding, with the MMs trying to fight them off...JMO...We need more news or another upgrade...or better still...Mary Meeker!!!