SITUATION OF THE MONTH
By Lawrence C. Oakley
December 1999
[ Editorials - Editorial Commentary - Tony Velocci - Sneak Preview - Update Briefs - Important Strategies - Dow 30 Market Timing - Ken Coleman ]
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C-ME.com
Key Facts Business: Internet-based communications system uniting retailers
& vendors in a real-time, cost efficient manner for sourcing merchandise
Overview Cyber Merchants Exchange, Inc. d.b.a. C-ME.com completed its IPO 7/99. It developed an e-commerce solution for retail buyers & their vendors. Using C-ME.com's services, vendors spend less to sell more, & retailers find goods quickly & efficiently using the access & convenience of the Internet. |
History Founder & CEO Frank Yuan spent 20 years in the wholesale apparel & computer businesses before he developed C-ME.com. With management from Sears, J.C. Penney, Ames, Ward's, Family Dollar Stores, & other retail industry executives in his original investor group, he raised $1.5 million in seed money early 1996. C-ME.com's board includes Howard Moore, a Toys R' Us director, Charlie Rice ? a former senior buyer for Sears & Ward's, & John F. Busey, former VP & treasurer of Carter Hawley Hale Stores, Inc. Business/Products The cornerstone of C-ME.com's services are Internet Sourcing Networks ("ISNs"). ISNs are private extranets built & maintained by C-ME.com according to each retail partner's specifications, free of charge. ISNs are powered by C-ME.com's DEPSTM, FOCASTINGTM, & Product Driven Search Engine™ software. The Virtual Trade Show is a centralized product showcase that features vendor's products. It allows buyers to freely search or customize searches allowing vendors to directly reach more buyers. Web design & hosting services are provided to help C-ME.com's subscribing vendors that do not have an Internet commerce strategy or a web presence. ...continued on next page, click here Our Other Features Editorials
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Previous Issues of
Conservative Speculator:
November 1999
October 1999
September 1999
August 1999
July 1999
June 1999
May 1999
April 1999
March 1999
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