|
Investorville
![]() Q
![]() Quokka Sports (QKKA)
|
| next newest topic | next oldest topic |
| Author | Topic: Quokka Sports (QKKA) |
|
netinvestor |
Quokka acquired ZoneNetworks.com which operates MountainZone.com and SkiResorts.com for $25 million. This is a good, but not extraordinary acquisition. I can see the SkiResorts.com being somewhat useful for Quokka and fitting in with its broadband content, but what kind of broadband content are you gonna display on a site like MountainZone.com, realtime video of hiking trails around the area? Maybe for the skiing and snowbarding side of it to broadcast competitions and things like that. I can think of lots of sports that fit with broadband much more easily. |
|
trentr |
I didn't know anyone actually cares about America's Cup. Who gets sailing updates on their Cell Phone? I can see it for some sports in the US, or maybe soccer is popular enough worldwide. The test will be this summer when they have a chance to do some neat stuff with the Olympics. If they can get that done well it will be a great springboard (no pun intended) to other major sporting events. That's their make of break opportunity. If you are a big gambler, investing in Quokka would be a big gamble with a potentially high payoff. |
|
sittingbull |
Merrill Lynch analysts Henry Blodget and Sofia Ghachem just came out with a report on QKKA. "Quokka's business appears healthy, and our outlook on the stock continues to strengthen. Quokka hit 1mm unique visitors in January, with the CART and Moto GrandPrix seasons set to kick off in March," they wrote in their note to clients. "The company also announced an agreement with Nokia, the world's largest cell phone manufacturer, to develop America's Cup coverage for WAP-enabled phones. We also think that a tougher public market environment for B2C internet names accrues to the benefit of companies with strong momentum which are already public, like Quokka," they wrote. I don't see much of a future for this stock, but these analysts seem to like it. |
|
happyguy |
From the article: "As of the end of June, Quokka had racked up an accumulated deficit of $42 million. Right now, an end to these losses is still nowhere in site. For the latest quarter, Quokka reported paltry revenue of only $2.5 million, and a widening loss of $18.1 million" That's why I don't like this company. I also don't know if there is a market for interactive sports watching. To a point, yes, but at some point it still has to be a sport, a competition played and officiated by humans. That also seems to be why the street doesn't like this company. Another reason I don't like the company: |
|
hsia_taiyeu |
This is a link to an outstanding article written by Matt Ragas of Raging Bull on the prospects of Quokka Sports. http://www.ragingbull.com/articles/cyberstock/09-17-99.html |
|
hsia_taiyeu |
In May of this year, NBC announced that it would create a new entity by consolidating its internet assets. Called NBCi for short, the new company will be NBC’s exclusive Internet media network, providing Web search capabilities, e-mail, electronic commerce and community interaction services. Besides Snap.com and Xoom.com, NBCi will consist of several NBC Internet properties -- NBC.com, Videoseeker.com, Interactive Neighborhood and a 10% stake in the new CNBC.com, which is set for a summer launch, the companies said. Now, given this historical information as a stage, let's try to peek into the future. As NBC tries to capture more internet eyes with its new portal structure, it will seek to merge with or buy new companies. My focus for this message is Quokka Sports (NASDAQ: QKKA). In February 1999, Quokka established a joint venture with NBC Olympics, Inc. to develop interactive digital coverage of the Olympics through August 2004. It is evident that Quokka Sports is the pioneer in digital sports entertainment and their first-mover advantages are countless and potentially incredibly valuable. Now, before you run off and do your own due dilligence on this potential merger or acquisition, check out the following website: http://www.qnbc.com/ Happy investing! |
|
happyguy |
The key to this stock is the growth of broadband connections for the average folk. Until it is commonplace there isn't much use for a service like theirs. |
|
netinvestor |
Banka, There are multiple measures of an IPO's 'success' or 'failure' One of the measures was, did they sell all of the shares offered at a price that got them as much $ as possible while losing as little control of the company as possible. In that respect Quokka was a success. Another important measure of an IPO is the press and advertising that comes from the news stories surrounding it. In that respect, because the shares did not go up on the first day of trading, the Quokka IPO was not a success. I wouldn't call it a total failure though. It was only down 5%. I tend to like this company though. They do have the exclusive online rights to the Olympics in 2000 and 2002 and 2004 |
|
banka |
The media likes to say an IPO 'failed' if it didn't jump a lot in its first day of trading. But I believe the reverse. If it does jump, that just means the company didn't raise as much cash for its shares as it could have. |
|
InvestorGuide Weekly Administrator |
Will Quokka's failed IPO scare off other unique broadband content providers from going public? http://www.forbes.com/tool/html/99/Jul/0729/mu6.htm |
|
Mayor of Investorville Administrator |
Quokka Sports produces and broadcasts interactive sports programming over the internet, offering information not generally available through traditional broadcasts, such as real-time data, in-depth profiles, and live audio and video clips. Investors include MediaOne (12%) and Intel (12%). The company is expected to go public soon, although an official date has not yet been set. (source: SEC filing) |
All times are EST (US) | next newest topic | next oldest topic |
![]() |
|
Powered by: Ultimate Bulletin Board, Version 5.43
© Infopop Corporation (formerly Madrona Park, Inc.), 1998 - 2000.
Press ctrl-D to bookmark this page for future reference.
By using this site you agree to our Terms of Use.
Copyright 2001 InvestorGuide.com Inc.