posted 02-16-2000 11:33 AM         

---

Wow, they have been in free-fall during the past few weeks, and are hovering right around the original offer price. Serves me right for not taking profits when it was around 25. Ah well, all I can do now is hope that it repeats the performance from its earlier months, as I still believe they are providing a unique and worthwhile b2b service.

Apparently there is a secondary offering coming up as well, and the volume has been abnormally high the past few days, draggin it down. There was an initial rating of "buy" placed on it today from CIBC World Markets, NOT one of the underwriters.

posted 01-21-2000 10:11 AM         

---

Still not on the site, but I doubt it will have different info from they one they released. Other good signs:
*Revenues were $13.4 million, an increase of 78% over last quarter's $7.6 million.
*Gross profit is 42%, compared to 36% in the third quarter of 1999.
*Page views doubled to 48 million
*The ShopNow Network was ranked the 36th most popular property on the Internet for the fourth quarter of 1999, compared to the 186th most popular property for the prior quarter.

We are clearly positioned with a strong foundation for continued growth and global business expansion," says CEO Dwayne Walker.

Yet for some reason SPNW is down 3 1/2 as I write this message. Ah well.

And by the way, I also really like the b2bnow.com launching. They will quickly become a leader in enabling b2b ecommerce on the net.

posted 01-20-2000 04:56 PM         

---

The numbers are in and they look pretty good. They reported eps of $.51/share, destroying the estimate of $.72/share on a net loss of $18.9 million ($53.8 million for the year).

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-20-2000/0001120091&EDATE=

The website press release isn't posted yet, but I'll make sure to grab it tomorrow.

posted 01-18-2000 02:24 PM         

---

I've waiting for this company to make a move like this. They announced the launching of b2bstores.com, a business two business portal with over half a million members so far. I've been kind of following this company from afar, and I've been surprised that most of their high-profile announcements have dealt with the shopping side of the company, not the more stock-glamorous b2b side, as most people don't even know if this more important part of the business. Now they do. The stock is up almost 4 today at this point (23%) on almost 8 million shares, must be a record. Unless this is the end of a lockup period I don't know about - normally they only trade a few hundred thousand shares a day at the most.

Press release:
http://www.businesswire.com/webbox/bw.011800/200181671.htm

posted 01-06-2000 09:25 AM         

---

ShopNow.com and Amazon both announced strikingly similar products earlier this week. Though I think the idea behind both products is very ingenious, it's still odd just how close they are. Here are the details of the ShopNow "strain":

(from a Press Release)
"ShopNow.com announced eBuy, the Company's embedded commerce syndication technology, has been licensed to industry leaders including 24/7 Media, GiftSpot.com, AthleteNow, ChickClick.com and ArtGalleryLive.com. ShopNow.com is in discussions with other Internet industry players interested in licensing and implementing ShopNow.com's eBuy e-Commerce and direct marketing technology. eBuy, an embedded commerce and direct marketing infrastructure technology platform developed by ShopNow.com, can be licensed to businesses, advertisers and direct marketers who can use ShopNow.com's eBuy technology to process online orders from any web site, online direct mail campaign and any online advertisement. eBuy helps deliver customers, retain visitors, gather information and create revenue opportunities by allowing e-commerce and online direct marketing to be conducted entirely within a separate pop up window without the visitor leaving the current site.
How It Works
-- Visitors clicks on commerce-enabled link, image or advertising banner branded with the eBuy logo
-- A new window opens up from the current location
-- The user purchases the business or consumer product or service, completes an order form and enters a credit card number all within the pop up window
-- The order is processed using the ShopNow eBusiness transaction processing platform and an email notification is sent to the purchaser detailing the transaction
-- When the eBuy window closes the user returns to their original web site location eBuy eliminates a current barrier to purchases -- interruption of the customer's online activity.
Now, an Internet user can shop or purchase goods while they chat, follow the stock market or play games without having to leave the engaging site. ShopNow.com's embedded commerce and direct marketing technology can be presented in an email campaign, advertising banner, product listing or graphic image."

posted 11-30-1999 06:53 PM         

---

ShopNow.com has acquired women's community site SpeedyClick for $3 million in cash and $47 million in stock. http://biz.yahoo.com/prnews/991111/wa_shopnow_1.html

smario (and others), what's your take on the deal?

All times are EST (US)