E-Commerce Stock Watch: Autoweb Gets Boost from Advertising

Online automobile dealer Autoweb.com (Nasdaq: AWEB), which went public just last week, announced Tuesday that Toyota, Saturn, Oldsmobile, Honda and Subaru have signed up as advertisers. Beginning in the second quarter of this year, the companies will launch advertising campaigns on Autoweb.com.

This is an obvious sign that Autoweb.com is being taken seriously by important manufacturers. Shares of Autoweb.com were up 2-3/4 to 32-/1/2 on Tuesday.

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