| Business Summary | | 800America.com
provides
an
Internet
shopping
portal
for
the
purpose
of
allowing
subscribers
to
shop
online
at
over
250
nationally
recognized
retailers
and
speciality
boutique
stores.
Using
the
Company's
Website
at
www.800America.com,
an
online
shopper
can
access
the
stores
24
hours
a
day
and
get
the
shopper
into
the
store
of
his
or
her
choice
in
just
two
clicks.
In
addition
to
its
shopping
portal
business,
the
Company
also
publishes
a
monthly
online
magazine
entitled
Internet
Web
Guide
Magazine.
Located
at
www.internetwebguide.com,
the
magazine,
at
December
31,
1999,
had
approximately
70,000
subscribers.
In
April
2000,
the
Company
launched
an
auction
site,
Steeplehouse.com.
Steeplehouse
intends
to
bring
live
auctions
from
different
parts
of
the
world
within
the
next
90
days
on
the
Internet.
In
March
2000,
the
Company
acquired
of
Rothmancloseouts.com,
a
business
to
business
E-Commerce
sites
for
buying
and
selling
general
brand
name
and
licensed
closeout
merchandise. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | 800America.com
provides
an
internet
shopping
portal
for
the
purpose
of
allowing
subscribers
to
shop
on-line
at
over
two
hundred
fifty
nationally
recognized
retailers
and
speciality
boutique
stores.
For
the
six
months
ended
6/30/01,
revenues
increased
67%
to
$9.3
million.
Net
income
totaled
$4.3
million,
up
from
$523
thousand.
Results
reflect
higher
sales
and
the
elimination
of
the
company's
rebate
program.
Earnings
also
reflect
lower
operating
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Elie Rabi, 61 Pres,
CEO, Director | $120K | Steve Grant CFO | -- | Jane Rothman Exec.
VP | -- | Willie Whittle VP | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|