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E-Kids to the E-tail Rescue

Amid the unfortunate prognostications about the fate of e-commerce sites, smart marketers are setting their sites on capturing untapped markets Deciding which markets to tackle shouldn't be all that difficult. After all, most e-tailers have narrowly focused their marketing efforts on the supposed "affluent, educated" population we hear so much abou...

Homestore Slips Despite Analyst Prod

Homestore.com (Nasdaq: HOMS) was down 58 U.S. cents at $19 in morning trading Thursday, even as PrudentialSecurities began coverage of the stock with a strong buy recommendation and a 12-month price target of $32 Earlier in the day, the stock traded as high as $20.50. Homestore's 52-week high is $55....

GoTo Goes Up on Positive Outlook

GoTo.com (Nasdaq: GOTO) rose 19 U.S. cents to $6.03 in morning trading Thursday after the company, which provides Internet search services, said that results for the quarter ending in March will be better than previously thought The Pasadena, California-based paid-search company also said that it has more than 40,000 active advertisers, up from 37,...

E-Marketplaces: At What Cost?

Online purchasing could save firms up to 4 percent this year and 8 percent by 2003, but those cost savings will come with a hefty price tag, according to a report released Wednesday by Forrester Research The report, "What Does eMarketplace Buying Cost?" said that over the next five years, business purchasers will spend an estimated US$5.4 million t...

Study: Southern European E-tail Has Small Present, Big Future

The push to develop a viable online retailing channel in Southern Europe remains "paralyzed" by a host of roadblocks, according to a report released Wednesday by Forrester Research However, aggressive efforts by portals, outside marketers and grocers within the next year will help spur the region's e-tail industry to reach its full potential, Forre...

Net Appliance 'Audrey' Sacked After Five Months

Five months after unveiling one of the Internet's first home appliances, 3Com said Wednesday that it will discontinue offering its Web-surfing "nerve center for the home," dubbed "Audrey," in an effort to cut costs and reach profitability 3Com said it hopes to cut US$1 billion out of its operating costs by the end of its upcoming fiscal year. The c...

NetIQ, WebTrends Tumble on Merger Delay

NetIQ (Nasdaq: NTIQ) fell US$3.31 to $16.81 in morning trading Thursday after the company, which makes e-businessinfrastructure software, lowered its outlook for the quarter ending thismonth and delayed planned shareholder votes on the acquisition of WebTrends (Nasdaq: WEBT) WebTrends, meanwhile, lost $1.53 to $8.41....

Report: Global E-Commerce To Hit $550B in 2001

Despite mounting evidence that the global economy is slowing, total worldwide retail e-commerce is expected to reach US$550 billion in 2001, a 92 percent increase from 2000, according to a report released Tuesday by eMarketer "The Internet is alive and well and very resilient," eMarketer chief executive officer Geoff Ramsey told the E-Commerce Time...

Is Trust a Word in the Customer Relations Dictionary?

Trust is implicit in the buying process, but no place more so than online. You don't give your credit card over with one hand and grab the package with the other. You give your credit card, sit back and wait, trusting the merchant to complete the sale. I've been thinking about this element of trust thanks to a recent experience that made me wonder...

Study: B2B Old-Timers Hitting Pay Dirt

The longer that business-to-business (B2B) firms are online the more likely it is that they will achieve profitability, according to a study released Tuesday by ActivMedia Research The study revealed that 32 percent of all B2B companies currently online are turning a profit. However, 46 percent of the B2B firms that have been online for three or mo...

Study: Satisfied Net Surfers Turning into Buyers

Despite the flood of dot-com failures, more browsers are turning into buyers for e-commerce, according to a study released Tuesday byInternet research firm GreenfieldOnline. The report found that 72 percent of U.S. online consumers made at least one purchase via the Web during the fourth quarter of 2000, marking the 10th consecutive quarter in whi...

Sequoia Rises on Citrix Merger Plan

Sequoia Software (Nasdaq: SQSW)rose 53 U.S. cents to $5.53 Wednesday morning after application software andservice company Citrix Systems (Nasdaq:CTXS) said it would buy the company for $5.64 per share in cash, or a totalof $184.6 million. Citrix, meanwhile, fell $1.06 to $18.75, even as it said it remains "ontrack" to meet its financial goals....

Commerce One Gains on Acquisition Plan

Commerce One (Nasdaq: CMRC) improved 69 U.S. cents to $10.07 in morning trading Wednesday after the company said that it would buy Exterprise, a maker of software that helps build and manage business networks, for stock valued at up to $78 million The acquisition will enable Commerce One and its customers to "develop and deploy a broad range of e-m...

3Com Falls on Q3 Loss

3Com (Nasdaq: COMS) was at US$6.13 in morning trading Wednesday, down 9 cents, after the company said that weak U.S. demand led to lower revenue and a loss for the third quarter ended March 2nd The networking equipment maker also announced plans for more layoffs and said that it will take steps to cut costs in its broadband modem division. In addit...

Amazon Slapped with Second Shareholder Lawsuit

A shareholders' lawsuit was filed against Amazon.com and three of its directors Tuesday in a Seattle, Washington federal court by a local law firm, alleging that the e-tail giant unlawfully inflated its stock prices by disseminating false and misleading information about its financial condition. The suit also charges that Amazon founder and chief ...

E-Car-merce Faces D.C. Test Drive

General Motors (NYSE: GM) and Autobytel.com (Nasdaq: ABTL) said Wednesday that they have chosen the Washington, D.C. area to test an online car buying system that will enable shoppers to search all available vehicles and buy from a dealer of their choice. The 90-day test will begin May 1st and is designed to help GM understand how a national locat...

Study: As Other Sectors Dip, Online Travel Ascends

Online travel sites racked up US$1.2 billion in sales in January, accounting for nearly a third of all e-commerce transactions for the month, according to a study released Tuesday by Nielsen//NetRatings and Harris Interactive The study said that online travel spending in January climbed 17 percent over December levels. According to the research fir...

Report: Amazon, Best Buy in Partnership Talks

Two weeks after rumors surfaced that Amazon (Nasdaq: AMZN) would link with retail giant Wal-Mart, a report Monday said that the e-tailer is now discussing a strategic alliance with consumer electronics seller Best Buy (NYSE: BBY). Representatives from Amazon and Best Buy refused to comment on the report in TheStreet.com, which said that the compan...

CEOs: See How They Run

There sat Amazon chief executive officer Jeff Bezos, up on the dais at the high-tech summit,telling investors, again, not to buy shares of dot-com stocks like hiscompany's. It was sound advice, but I'm convinced it was just cover A distraction. I'm sure that as he spoke, just off-camera, anotherhalf-dozen e-commerce and Internet CEOs were sneaking ...

Egghead.com Executives To Exit

Two weeks after announcing it was laying off 77 employees to cut costs, computer software and hardware e-tailer Egghead.comsaid its chief financial officer, John Labbett, is leaving to "pursue a new opportunity closer to his home in Los Angeles." Egghead has been struggling considerably of late, but Labbett is not leaving the company completely in ...

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