102
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3,100,000 SHARES
[PFS LOGO]
COMMON STOCK
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PROSPECTUS
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HAMBRECHT & QUIST
DAIN RAUSCHER WESSELS
A DIVISION OF DAIN RAUSCHER INCORPORATED
JEFFERIES & COMPANY, INC.
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, 1999
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You should rely only on the information contained in this prospectus. We
have not authorized anyone to provide you with information different from that
which is contained in this prospectus. We are offering to sell and seeking
offers to buy shares of PFSweb, Inc. common stock only in jurisdictions where
offers and sales are permitted. The information contained in this prospectus is
accurate only as of the date of this prospectus, regardless of the time of
delivery of this prospectus or of any sale of the PFSweb, Inc. common stock.
Through and including , 1999 (the 25th day after commencement of
the offering), all dealers effecting transactions in the common stock, whether
or not participating in this offering, may be required to deliver a prospectus.
This is in addition to the obligation of dealers to deliver a prospectus when
acting as underwriters and with respect to their unsold allotments or
subscriptions.
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