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Article: The Internet Analyst News - Online Postage from Stamps.com `Nasdaq-STMP' and other companies: Which Companies Can Lick the Competition?
- Article from:
- Business Wire
- Article date:
- September 10, 1999
CopyrightCOPYRIGHT 1999 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK--(BUSINESS WIRE)--Sept. 10, 1999--
Stamps.com (Nasdaq-STMP) and E-Stamp (ESTM-proposed), both received U.S. Postal Service approval on August 9 and are now scrambling to become the preferred Internet stamp seller.
The company posted only moderate aftermarket gains until August 23, when it announced that Microsoft (Nasdaq-MSFT) will offer Stamps.com's service on its Office Update Web site.
Other strategic partners shared by the two online postage firms include America Online (NYSE-AOL), Office Depot (NYSE-ODP) and Avery Dennison (NYSE-AVY).
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