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| Author | Topic: VerticalNet (VERT) |
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InvestorGuide Daily Administrator |
Company Name (Ticker): reported, expected, same q last year VerticalNet (VERT): -$0.30, -$0.32, -$0.18 |
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InvestorGuide Daily Administrator |
VerticalNet is a company in transition. The company, which provides online marketplaces and software to industrial customers, started as a content company. It bulked up by acquiring an electronics component exchange, which it unloaded after just a few months. The company is now focused on software sales, a move that pits it against the likes of Ariba and Commerce One. (source: CNET) http://news.cnet.com/news/0-1007-201-4928777-0.html?tag=mn_hd |
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Earnings Administrator |
Company Name (Ticker): reported, expected, same q last year VerticalNet (VERT): -$0.32, -$0.18, -$0.14 |
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Earnings Administrator |
Company Name (Ticker): reported, expected, same q last year VerticalNet (VERT): -$0.20, -$0.29, -$0.15 |
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InvestorGuide Daily Administrator |
Joseph Galli has had a heck of a week. The chief operating officer and president of Amazon.com for the past 13 months left his post at the most famous name in e-tailing, jumping ship to take the helm at VerticalNet, a move that surprised Wall Street and sent Amazon's shares spiraling. (source: CNNfn) http://cnnfn.cnn.com/2000/07/28/technology/verticalnet/ |
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Earnings Administrator |
Company Name (Ticker): reported, expected, same q last year VerticalNet (VERT): -$0.23, -$0.30, -$0.10 |
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InvestorGuide Daily Administrator |
Shares of Amazon.com fell Tuesday on news its president and operating chief, Joseph Galli, will join the executive ranks of business-to-business marketplace operator VerticalNet. (source: News.com http://news.cnet.com/news/0-1007-200-2341587.html |
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newsman |
Here's a short interview with their CEO: http://www.business2.com/content/channels/ebusiness/2000/07/18/14480 |
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junior |
quote: |
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Earnings Administrator |
Company (ticker): reported, expected, same q last year VerticalNet (VERT): -$0.16, -$0.26, -$0.10 |
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terrific |
Microsoft just announced that it's paying $100 million to buy 3% of VERT and to be able to sell its software to VERT members. The stock justifiably rose sharply on the news. |
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newsman |
from the current Upside: "VerticalNet is an early leader in the rapidly emerging business-to-business marketplace arena. As a B-to-B exchange network that provides more than 50 industry-specific content and community sites, the company is shaping up to be a leader in the vertical-marketplace segment. Until now its focus has been on providing trade-oriented content and bringing together niche communities (much like an About.com for industry). But the company is now moving to the transaction side of the business, using its core "eyeball assets" to make the cash register ring. Its December acquisition of NECX Exchange, an online marketplace for electronic components and networking products, will help build this end of the business. Although it's still too early to call it the winner, VerticalNet's momentum gives it an edge." |
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banka |
I know B2B is hot, but VERT seems awfully expensive to me: last quarter's revenues: $10 million last quarter's losses: $15 million market cap: $8 billion The fact that MSFT was willing to invest tells me maybe there's more to the story than I realize, but I just don't see how VERT can ever grow into its market cap. |
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Earnings Administrator |
VerticalNet (VERT): -$0.28 reported, -$0.36 expected, not public same q last year. |
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InvestorGuide Daily Administrator |
Microsoft announced that it will invest $100 million in online VerticalNet as part of a marketing and distribution deal. VerticalNet shares jumped 30% on the news. http://www.internetnews.com/bus-news/article/0,1087,3_290831,00.html |
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