|
Investorville
![]() V
![]() VerticalNet (VERT) (Page 2)
|
| This topic is 2 pages long: 1 2 | next newest topic | next oldest topic |
| Author | Topic: VerticalNet (VERT) |
|
JHirsch |
I have a friend who works at visteon... Just wondering what the report said about them and what they were doing in the same report as VerticalNet? Is visteon one of their clients? As far as VerticalNet goes, they seem to be doing quite well. The model is great and really locks users in! That's what e-business is all about. Jake |
|
mabbas |
In today's (Sun 11/14/99)ABC's Evening News there was a detailed coverage of Internet's influence on businesses. This is how I found out about Vertical Net (VERT) and Visteon. & the share for VERT is at $93. Since I don't own any VERT I thought this information will be useful to those who owns VERT. Good luck |
|
daffy |
From the Industry Standard: "Last Thursday, VerticalNet, announced plans to sell $125 million of convertible bonds maturing in 2004. Other details weren't given. But the company's latest financial report discloses that for the six months ended June 30, barter advertising accounted for 24$ of the $5.5 million revenue, and apparently for expenses representing 10% of the $13 million loss. Needless to say, bond holders don't accept banner ads for payment of interest. So they may not be as impressed by VerticalNet's 470% revenue growth as have been stock market investors, and may focus instead on the 165% increase in losses (for the six months ended June 30, 1998 vs. June 30, 1999). That's not to say VerticalNet won't be able to sell the bonds. But at the least, the interest rate and other terms necessary to do so will be worth noting; as will S&P and Moody's analyses of the company in their rating-assignment reports." |
|
Trader Joe |
... and another: http://www.zdnet.com/intweek/stories/news/0,4164,2287586,00.html |
|
Trader Joe |
Here's a very good article about VerticalNet: http://moneycentral.msn.com/articles/invest/company/3337.asp?ID=3337 |
|
Trader Joe |
"Professional vertical segments on the Internet, like medical and legal sites where information has high value. They've not taken off so far because companies have appropriately been focused on serving the broad consumer base." – Tim Koogle, chairman and CEO, Yahoo This bodes very well for VERT. |
|
trendy |
This is an interesting business model, but with a market cap above $2 billion it seems awfully expensive to me. |
|
Alex Randall |
Here's an interview with the company's CEO: http://cbs.marketwatch.com/archive/19990317/news/current/ipo_word.htx |
|
eagle |
moehrinp- The more I take a look at their business model, the more I like it. The fact that they are committed to focusing on small and particular groups is impressive because of the user loyalty this has the potential to generate. |
|
moehrinp |
Eagle, brought VerticalNet to the attention of my water engineer friend. She has her Bachelors as a medical lab tech and her Masters as a water engineer. She is by nature a very thorough person. She liked the professionalism and ease of use of the site and also thought the range of contacts to be good. If she's impressed I am reassured that the site is off to a good start |
|
newsman |
A few tidbits I found: - VerticalNet has partnerships with AltaVista, Excite, Deja News, and Yahoo. - Last September, it purchased RF Globalnet, a site targeted at radio and microwave engineers. - The company's president and CEO is Mark Walsh, a former senior vice president at America Online and former president of the GEnie online service. |
|
moehrinp |
Eagle I think I know a water professional, a sewage & treatment gal that can assess their site as an informed user. I'll talk with her on Monday for some insight into a users experience. |
|
eagle |
moehrinp- I don't really know what to think about VERT after looking over some of their sites. I am still trying to figure out their business model and how they make their money in order to see if their plans to cater to individual industry professionals will work. |
|
moehrinp |
I noticed that the stock is backed by SFE. Lately SFE offerings tend to peak shortly after IPO, go to very low prices then recover over a year or so. such as OAOT - CVSN - DOCC, I wonder it this is more of sleeper than a "goer". Thoughts please |
|
eagle |
VerticalNet is one of the largest operators of online vertical trade communities. Its string of about 30 Web sites focuses on a variety of industries (including electronics and utilities) and features buyer's guides, news, discussion forums, career centers, and auctions. Among its fastest-growing Web sites are Water Online, which focuses on the water and wastewater industry and boasts more than 80,000 visits each month; and Chemical Online, a Web site dedicated to the chemical processing industry. VerticalNet generates most of its revenue from "storefronts" featuring detailed information about advertisers. Internet Capital Group owns 49% of the company, which has filed to go public with a $30 million IPO. |
| This topic is 2 pages long: 1 2 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.