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| FORM 3 | U.S. SECURITIES AND EXCHANGE COMMISSION
+--------+ WASHINGTON, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
Section 17(a) of the Public Utility Holding Company Act of 1935 or
Section 30(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
Liang Lawrence
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(Last) (First) (Middle)
5201 Great America Parkway, Suite 320/2102
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(Street)
Santa Clara California 95054
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(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year) December 18, 2000
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3. IRS Identification Number of Reporting Person if an Entity
(Voluntary)
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4. Issuer Name and Ticker or Trading Symbol
Shops.com,Inc. (SHPS)
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5. Relationship of Reporting Person(s) to Issuer (Check all applicable)
[X] Director [X] Officer [X] 10% Owner [ ] Other
(give title below) (specify below)
President and Chief Executive Officer
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6. If Amendment, Date of Original (Month/Day/Year)------------------
7. Individual or Joint Group Filing (Check Applicable Line)
X Form Filed by One Reporting Person
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____ Form filed by More than One Reporting Person
TABLE I--NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED
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1. Title 2. Amount of 3. Ownership Form: 4. Natureof
of Securities Bene- Direct (D) or Indirect
Security ficially Owned Indirect (I) Beneficial
Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5)
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Common Stock 7,032,500 D
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Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see
Instruction 5(b)(v)
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number.
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FORM 3 (continued)
TABLE II--DERIVATIVE SECURITIES BENEFICIALLY OWNED
(e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivative 2. Date Exer- 3. Title and Amount of
Security (Instr. 4) cisable and Securities Under-
Expiration lying Derivative
Date Security (Instr 4)
(Month/Day/
Year)
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Date expira- Amount or
Exer- tion Title Number of
Cisable Date Shares
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4.Conversion 5. Ownership 6.Nature of Indirect
or Exercise Form Of Derivative Beneficial Owner-
Price Of Derivative Security: Direct (D) ship (Instr. 5)
Security or Indirect (I)
(Instr. 5)
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Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal
Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually
signed.
If space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB Number.
By: /s/ Lawrence Liang December 29, 2000
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**Signature of Reporting Person Date