Egghead.com Rated Most Visited 'Computers and Software' Web Site by Nielsen//NetRatings; Also Named Second Largest in Average Amount Spent at Site by Ernst & Young.Business Editors/High-Tech Writers MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--Jan. 10, 2000 Egghead.com, Inc. (Nasdaq:EGGS), a leading Internet retailer, attracted the most visits of any computers and software reseller Web site from Nov. 15 through Dec. 19, 1999, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Nielsen//NetRatings. During this holiday period, Egghead.com attracted 5.9 million visits, more than twice the number of visits estimated for the next nearest competitors in the category, including Beyond.com, Ubid.com, Outpost.com, and Ecost.com. The New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Times recently noted that Egghead.com was the 7th most visited Web site among the ten most popular e-commerce categories behind such sites as Amazon.com, eToys.com, BarnesandNoble.com, ToysRus.com, CDNow.com and Egreetings.com. Separately, Ernst and Young's Holiday Season '99 Internet Survey Report estimates that buyers spent an average of $217 at Egghead.com during this holiday period, second only to BestBuy.com. "The Nielsen//NetRatings figures supports surveys, such as Media Metrix, indicating that Egghead is among the top ecommerce companies in terms of traffic, frequency of visits, and length of time spent on the site," noted Jerry Kaplan, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Egghead.com. "Our high order value, as suggested by the Ernst and Young study, means that we have to process fewer orders -- and therefore may ultimately incur lower costs -- to support a given level of spending per customer, compared to online retailers who sell lower priced items." Pre-merger, Onsale customers spent an average of $765 in their first year, with the top 10% averaging $3,950. "You have to order a lot of toys, books, and CDs to spend this much," Kaplan noted. About Egghead.com Egghead.com (Nasdaq:EGGS) is a leading Internet retailer of new and surplus computer products, consumer electronics, sporting goods Noun 1. sporting goods - sports equipment sold as a commodity commodity, trade good, good - articles of commerce sports equipment - equipment needed to participate in a particular sport , and vacation packages. Through its auction site -- Onsale.com -- the company offers bargains on excess and closeout closeout, closure the finalization of a feeding program in a feedlot. The cattle are sold and a balance sheet is struck which includes the costs of feeding and housing or confining them. goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. . Egghead.com combines broad selection, low prices, and excellent service to provide an outstanding online shopping experience for businesses and consumers. Egghead.com is located on the Internet at www.egghead.com. Note to Editors: Egghead.com and Onsale are registered trademarks of Egghead.com, 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, including projections about our business, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. For example, statements in the future tense future tense n. A verb tense expressing future time. Noun 1. future tense - a verb tense that expresses actions or states in the future future , and statements that we "expect," "plan," "estimate," "anticipate" or "believe," are forward-looking statements. These forward-looking statements are based on information available to us at the time of this release and we assume no obligation to update any such forward-looking statements. The statements in this release are not guarantees of future performance and actual results could differ materially from our current expectations as a result of numerous factors. For example, we may not achieve the expected benefits of the merger, gross margins can fluctuate reflecting the mix of products sold and the mix of non-product revenue, and the figures for web site visitors and visitor minutes can shift rapidly. These and other risks and uncertainties associated with our business are detailed in our most recent Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and Form 10-Q Form 10-Q See 10-Q. , which are on file with the SEC and available through www.sec.gov. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion