posted 07-05-2000 06:06 PM         

E-Commerce Times' Kevin Reagan says that failed etailers are betraying their customers and may be permanently damaging the future of the industry. (source: E-Commerce Times) http://www.ecommercetimes.com/news/viewpoint2000/view-000705-1.shtml

posted 07-03-2000 10:53 AM         

Some dot-com failures are resorting to selling information their customers may have thought would remain under lock and key as they scramble to find assets that can be sold to appease creditors. (source: CNet) http://news.cnet.com/news/0-1007-200-2176430.html

On Wednesday at PC Expo, Amazon.com's CEO defiantly dismissed a negative report about his company's prospects written last week by a convertible bond analyst at Lehman Brothers. (source: Red Herring) http://www.redherring.com/investor/2000/0629/inv-bezos062900.html

A copy of the Declaration of Independence that was printed in 1776 and discovered behind a $4 flea-market painting in 1989 was sold over the internet for $7.4 million. http://www.mercurycenter.com/business/top/047240.htm

posted 06-29-2000 06:23 PM         

Six major airlines are banding together to launch their own website for cheap air-travel ticket sales, and that's not good news for shareholders of the Web's reigning discount air-travel king, Priceline.com. (source: E-Comemerce Times) http://www.ecommercetimes.com/news/articles2000/000629-9.shtml

In brief:

posted 06-16-2000 11:54 AM         

Premier Travel and Entertainment Corp. is actively acquiring interests in air transportation companies as well as resorts and casinos in an effort to concentrate on the travel and entertainment industries. Utilizing its experienced and highly skilled management team, the Corporation has assembled a quality portfolio of immediate and near term cash flow generating projects with ‘blue sky’ potential.

LASV Enterprises, Inc. (LSVE) was incorporated in the state of Delaware in 1991 and is actively trading on the Nasdaq OTCBB as a fully reporting company under the symbol LSVE (LASV Enterprises, Inc.) with a total of 15,324,567 million shares issued and outstanding. The Corporation is applying to change its name to Premier Travel and Entertainment Corp. in an effort to better reflect the future focus, direction and business strategy.

For the reasons described, herein, an exceptional opportunity exists for investors to participate in a new venture of a public company.

Creating a business plan similar to the operations of successful new generation air carriers, Premier Travel and Entertainment Corp. is positioning itself to become a market leader.

Upon careful consideration and analysis of demographics and projected future trends, the Corporation has entered into final negotiations to acquire major airlines and destination resorts. These acquisitions will create a unique corporation with immediate profitability and unlimited potential.

The Corporation is a holding company with the objective of establishing itself as a force in the air transportation, resort and casino industries. Utilizing its experienced and highly skilled management team, the Corporation is assembling a quality portfolio of immediate and near term cash flow generating projects with substantial ‘blue sky’ potential.

The Corporation plans to exploit its virtually unlimited U.S. and Canadian domestic and International licenses by providing non-integrated / unaligned, point to point, no frills scheduled charter airline services between:

· Cities in the U.S.
· Cities in Canada
· Major centers in Canada to tourist destinations in the U.S., and
· Between cities in Canada / the U.S. and\ the Caribbean

In addition, the Corporation plans to acquire and develop destination resorts which will include all accommodations and catering facilities as well as casinos and gambling.

Based on the company’s managements and their experience, the Corporation projects 1st year revenues of $132.4 million, with a net operating profit of $10.65 million, Second year revenues are projected at $220.9 million with a net operating profit of $17.12 million. Total revenue for the first five year period are projected at $1,333.0 million with a net operating profit for the period of $105.67 million.

The Corporation has negotiated the terms to take over a condominium and casino development project in the Dominican Republic. This project is being assessed at approximately $10 million including the casino licenses.

Cabarete Bay: Located less than 10 miles from the International Airport at the city of Puerto Plata, Cabarete Bay is fast becoming a tourist destination. The bay itself is protected by an outlying reef, creating an ideal setting for a variety of water activities. White sandy beaches stretch for miles in either direction.

Just 3 ½ hours from New York and 2 hours from Miami, the Dominican Republic is the second largest country in the Caribbean Sea. It dominates the eastern portion of the Island of Hispaniola, and is situated just to the east of Cuba.

This Exclusive Resort is your gateway to the world of Vacation Luxury.

posted 06-15-2000 06:15 PM         

The Standard: http://thestandard.com/article/display/0,1151,15895,00.html

posted 06-12-2000 10:41 AM         

As predicted, the shakeout is starting to punish internet companies with weak business models. (source: Upside) http://upside.com/Ebiz/393d52ee0.html

Legal scholars and practitioners have debated whether the traditional legal doctrine of trespass, which generally applies to moveable physical property, should be applied in cyberspace. The eBay vs. Bidder's Edge case brings the issue out of the books and into the courts. (source: Upside) http://upside.com/Upside_Counsel/393bea5f0.html

Three or four years ago, most people believed Amazon's path forward would be much clearer by now, but the jury's still out on the ecommerce pioneer's path to profitability. (source: USA Today) http://www.usatoday.com/usatonline/20000608/2341074s.htm

The most valuable baseball card in the world is currently at auction on eBay. Guess how much before you click through. http://members.ebay.com/aboutme/mastronet/

E-business is here to stay. Long after the press stops differentiating between dot-coms and bricks-and-mortar merchants, e-business will remain. (source: Cnet) http://www.news.com/Perspectives/Column/0,176,446,00.html