ON "ABC's THE LOOKOUT," WEDNESDAY, JULY 17

"ABC's The Lookout" is a survival guide to the modern consumer jungle, offering a mix of compelling undercover investigations and lively dispatches about how you spend your money. Featuring smart reporting from ABC's powerhouse team of correspondents, "ABC's The Lookout" covers the trends and products that obsess Americans, offering tips along the way about how to maximize value and avoid costly mistakes. "ABC's The Lookout" airs on WEDNESDAY, JULY 17 (10:00-11:00 p.m., ET) on the ABC Television Network.

"ABC's The Lookout" team will do whatever it takes to help you get more for your money. Reports airing on Wednesday, July 17 include:

· Hypoallergenic Cat: Who would spend $7000 on a cat? After a big publicity splash trumpeting the world's first scientifically proven hypoallergenic cat, hundreds of allergic pet lovers felt it was worth thousands of dollars to solve their sniffling. But then complaints began to surface. So "ABC's The Lookout" took some of these pricey pets to the lab to find out just how special they really are, and hit the road to track down the elusive entrepreneur behind this scheme. Dan Harris reports.

· Ordering Flowers: Have you ever wondered if the bouquet you just received looks like what your cousin in Vermont picked out for you online? How close do online flower orders come to the pictures that are advertized on their sites? To find out, "ABC's The Lookout" ordered three different flower arrangements from three of the top online sites, For You Flowers, FTD and Teleflora. The arrangements were sent to three ABC News producers in Chicago, Los Angeles and Atlanta, and to Correspondent Paula Faris in New York.

· Mani and the Mob: He's sold stolen cars to unsuspecting customers, but that may be the least of his crimes. Chief Investigative Correspondent Brian Ross tracks down an FBI informant and former Russian Mob figure who's been allowed to live the high life until he is implicated in a murder case.

Jeanmarie Condon is executive producer. David Scott is senior broadcast producer.