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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: steve susko who wrote (43457)	5/20/1999 4:32:00 PM
From: Tim Luke	Read Replies (2) \| Respond to of 90042

you would have IF you had a broker that lets you trade in after hours

To: steve susko who wrote (43457)	5/20/1999 4:46:00 PM
From: kathyh	Respond to of 90042

demp, mentioned here as a possible ebay takeover target on may 6... is that what caused this 23% rise today? 4 times avg daily vol... new 52 week high... thestreet.com Just a thought: Don't overlook the possible importance of last week's announcement that eBay (EBAY:Nasdaq) is buying bricks-and-mortar auction house Butterfield & Butterfield Auctioneers. As long as Internet stocks remain high, some folks think more Internet companies could do these kinds of deals to snare market share (and credibility) in their respective industries. A possible target, according to one of this column's sources, would be a chain like Drug Emporium (DEMP:Nasdaq) (which has indicated to investors that it's happy going it alone.) It has only about 140 stores (plus franchises), but also has been building a fairly sophisticated, if not stealth, online drugstore operation. (It's stealth because the company, to its credit, has gone out of its way not to hype its online operation until it's fully operational.) Through its stores, according to our source (who is long Drug Emporium), it currently does around 8.5 million prescriptions per year. If it marketed its online pharmacy to in-store customers, some would be likely to switch. Even if that number were a paltry 10%, that would be an instant, additional 850,000 customers for a fledgling online drugstore chain like Drugstore.com or PlanetRx.com. Put another way, this source says, using richly valued stock to purchase a company like Drug Emporium would be a fast way for an online druggist "to become No. 1 right away." And, if the scenario were to play out, they wouldn't even have to spend bundles in cash to do a portal deal to get there.