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 Pets.com (IPET)
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| Author | Topic: Pets.com (IPET) |
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InvestorGuide Daily Administrator |
posted 11-07-2000 06:18 PM
 
In Brief: - Pets.com, an online pet supply retailer that has spent millions promoting its brand, has decided to cease operations. The company has laid off about 80% of its workforce, and plans to sell the majority of its assets, including inventory, distribution center equipment and its sock-puppet brand icon. |
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Earnings Administrator |
posted 07-25-2000 07:03 PM
Company Name (Ticker): reported, expected, same q last year Pets.com (IPET): -$0.89, -$1.12, n/a |
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InvestorGuide Daily Administrator |
posted 06-14-2000 06:13 PM
In brief: San Francisco-based Pets.com (IPET) agreed Tuesday to acquire the most valuable assets of Emeryville-based Petstore.com for more than $10 million in stock, another in the wave of mergers beginning to sweep across overcrowded online retailing sectors. The long-rumored deal came as little surprise in the online pet store business. |
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mojo |
posted 03-31-2000 12:42 PM
> did you just notice that on your own, or did you see it mentioned somewhere? I saw it mentioned on the Daily Show on Comedy Central a couple days ago. Unfortunately, it wasn't the punch line, it was the setup. Watch for it in reruns, the jokes were right on the mark. |
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hecubus |
posted 03-30-2000 05:40 PM
mojo, nice pickup--did you just notice that on your own, or did you see it mentioned somewhere. I have no doubt that there are plenty of dirty little things like this going on all the time...it is just that people don't notice. Journalistic integrity is rapidly deteriorating and if no one notices, it will continue to erode. It was interesting to read Time magazine after the AOL/TW announcement and see how they dealt with concerns about the magazine's journalistic independence. As these monolithic entities snap up all sorts of companies, there are strange pressures on each part. Something to keep an eye on. |
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mojo |
posted 03-30-2000 03:02 PM
In the last couple weeks, two ABC programs (Nightline and Good Morning America) each spent about 15 minutes talking about "the Pets.com phenomenon", including lengthy interviews with its sock puppet spokesman. Disney owns ABC. Several weeks ago, Disney bought 5% of Pets.com. Does anyone see a problem with this? Or does journalistic integrity no longer mean anything? |
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bobcobb |
posted 03-07-2000 06:27 PM
Here's the thing about Pets.com Their cost of goods sold was $13.4 million while their sales were $5.8 million. Plus the amount of money they spent on ads... If you are even considering investing in this company you should read this article http://www.redherring.com/investor/2000/0214/inv-pets021400.html |
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InvestorGuide Weekly Administrator |
posted 02-15-2000 11:10 AM
E-tailer Pets.com went public last week. http://news.cnet.com/news/0-1007-200-1547425.html |
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InvestorGuide Daily Administrator |
posted 02-11-2000 07:05 PM
Pets.com (IPET) priced at $11, opened at $13.5, closed at $11, and raised $82.5 million. |
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netinvestor |
posted 02-11-2000 04:47 PM
First of all, that's a silly ticker symbol. Second of all the IPO bombed, only getting half a percent over its measley $11 opening price. That's not much of an increase. A sock puppet and money thrown at super bowl ads is not a viable business model... |
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Mayor of Investorville Administrator |
posted 12-13-1999 03:29 PM
Pets.com, an online pet retailer sells just about anything a pet needs. Pets.com currently sells mainly dog and cat food (accounting for nearly 60% of sales) but it intends to broaden its product line. Pets.com sells name brands as well as its own labels. It has staff veterinarians and experts who offer pet care information online. Amazon.com owns 43% of the company and displays a link to Pets.com on its home page. Venture capital firms Hummer Winblad, Bowman Capital, and others have also backed Pets.com, which was founded in 1998. It expects to raise $100 million. The IPO date has not yet been set. (source: SEC filings) |
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