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| Author | Topic: StarMedia (STRM) |
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Earnings Administrator |
posted 10-31-2000 06:14 PM
 
StarMedia reported a better-than-expected 3Q loss of $0.48 a share today, down from a $0.43 loss last year, but still beating analysts' expectations of a $0.59 loss. The company now expects profitability in 4Q 2001, a year earlier than previous estimates. (source: The Street) http://www.thestreet.com/markets/earnings/1149262.html
StarMedia (STRM): -$0.48, -$0.59, -$0.43 |
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Earnings Administrator |
posted 10-30-2000 06:34 PM
Company Name (Ticker): reported, expected, same q last year Starmedia Network (STRM): -$0.48, n/a, -$0.42 |
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Earnings Administrator |
posted 08-07-2000 06:34 PM
Company Name (Ticker): reported, expected, same q last year StarMedia Ntwrk (STRM): -$0.67, -$0.69, -$0.41 |
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Earnings Administrator |
posted 04-11-2000 06:54 PM
StarMedia Ntwrk (STRM): -$0.54 reported, -$0.65 expected, not public same q last year. |
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JHirsch |
posted 03-27-2000 06:58 PM
The company plans to be "cash flow positive" in the third or fourth quarter of 2002. Is that just spin, or does he mean they'll have positive earnings? here's the article Its quite interesting. http://www.herring.com/investor/2000/0314/inv-off-zdii031400.html I still like the stock despite some recent downgrades that cut about 35% of its market cap two weeks ago. |
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JHirsch |
posted 02-23-2000 12:19 PM
Here's an article about StarMedia offering Free Net Access (in Brazil at least to start). http://www.mercurycenter.com/svtech/news/breaking/merc/docs/046085.htm Only about 2% of Latin Americans are online now, and about 14% or so are projected to be online in 5 years. This is the time to get in and gain market share. That's what they are doing. |
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Lee R |
posted 02-11-2000 03:28 PM
(Reuters) StarMedia Network said today that it would not rule out the possibility of a merger with larger U.S. Internet players. "We're in talks all the time with anybody who is in the space we're in," said StarMedia spokeswoman Amy Carpi. When asked if that could include larger U.S. Internet players, she said, "Sure." StarMedia shares were up 6-1/2 at 53-3/4 in Nasdaq trading. She said that the "space" she was referring to could be defined as both its Internet business efforts, as well as its geographic focus on Latin America and Spain. Yahoo, AOL and Microsoft have all made initial inroads into providing services to the fast growing Latin American market. StarMedia, whose marketing efforts have given it high brand recognition, was cited in the Feb. 21 issue of Business Week as being a potential takeover target for larger U.S. Internet players, including America Online, Yahoo and Microsoft. AOL and Microsoft were not immediately available for comment. Yahoo said it does not comment on rumors and speculation. |
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thinkbig |
posted 02-11-2000 01:57 PM
StarMedia is mentioned in the current issue of Business Week as a possible takeover target. The report says that an unnamed investment professional has acquired a large stake in the stock, saying it could fetch $75 a share in a buyout. That's all the details they gave, but if anyone hears who it might be, please post... |
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Earnings Administrator |
posted 02-11-2000 09:34 AM
StarMedia (STRM): -$0.44 reported, -$0.50 expected, -$2.07 same q last year. |
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netinvestor |
posted 12-13-1999 08:55 PM
Last week StarMedia announced that it has formed a one-year marketing and e-commerce agreement with Dell to promote Dell's products and services throughout StarMedia's online properties. This is a good deal because it ads another quality partner to StarMedia's service and it will be a revenue source for the company. Its not too bad for Dell either in that it gives Dell help getting at a new market that should be growing very quickly |
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netinvestor |
posted 11-05-1999 12:26 PM
Starmedia seems to be attracting some competitors into its market in the North America and in Latin America. http://www.ecommercetimes.com/news/articles/991019-10.shtml |
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JHirsch |
posted 10-12-1999 06:10 PM
It seems StarMedia has a heavy duty competitor, UOL (Universo Online) Here's an article about them http://www.internetnews.com/intl-news/article/0,1087,6_210991,00.html UOL is moving out of Brazil where it is dominant into Argentina, with plans to move into the rest of South America and North America soon. |
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JHirsch |
posted 09-29-1999 12:06 PM
I still really like this company. They made what I believe to be a huge move in the right direction. Wireless connections are becoming the norm in many places in Latin America. This strategy could actually be applied (probably not by StarMedia, but by somebody) in most of the rest of the world. I'm still behind this company. Not only do they have a strong first mover advantage, but they seem to be making good decisions. According to an Industry Standard Article "StarMedia is making the first portal plunge into the booming wireless market in Latin America, where fixed lines are difficult to get and often unreliable. Between 1997 and 1998 alone, the cellular and personal communications market in the region rose from 12.2 million users to more than 19.5 million, StarMedia said, citing figures from Pyramid Research. To take advantage of this opportunity, the Spanish-language portal leader StarMedia announced today its purchase of PageCell International Holdings. Like AirFlash, PageCell offers mobile technologies and services but to Spanish- and Portuguese-speaking countries. Beginning in October, StarMedia Mobile will enable users of pagers, cell phones and other personal communications devices to access its customized content and services such as e-mail, weather and news." |
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bobcobb |
posted 09-13-1999 01:19 PM
StarMedia has allied with HP to bring more effective e-commerce to central and south america through the "Commerce for the Millenium" project which will allow merchants to host web stores and have access to StarMedia's growing user base. A Laredo Group, Inc. study found that 29 percent of StarMedia users have already made online purchases and 59 percent say they are likely to make a purchase on the Web in the near future. Sounds like pretty good demographic to me. I think this company is so far ahead of all other online companies in this region. |
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JHirsch |
posted 08-24-1999 10:14 AM
I checked out StarMedia's page and it looks nice. Its the Univision of Internet companies. One question i have is, why doesn't the company have a Spanish or Portugese name? Maybe because they'd have to choose one of the two and don't want to alienate either group? I like the recent alliance with LatinGrocer. Regular grocery stores in the US don't often carry the food products that Latin Americans are used to and they will most likely use this site. Granted, internet use among Hispanics may not be that high in the US, but as it grows so too will StarMedia grow. Jake |
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