|
Investorville
![]() E
![]() eToys (ETYS) (Page 5)
|
| This topic is 6 pages long: 1 2 3 4 5 6 | next newest topic | next oldest topic |
| Author | Topic: eToys (ETYS) |
|
Ronnie Rogers |
Toys R Us is expecting to pass eToys by the end of this year. I don't think this will be another Amazon vs. Barnes and Noble, because Amazon had a huge lead in that one. This one is a dead heat from the start, except that Toys R Us has huge offline advantages it can leverage. |
|
dude |
The real question is how costly would it be for Toys R Us to catch up to eToys online. The answer is probably $400-500 million. So a market cap of $7 billion just doesn't make sense. |
|
Lee R |
eToys dropped 5 on Friday and 8 so far today. At this rate I'll be ready to buy in about two weeks ![]() |
|
vivid |
Last I checked, shares of eToys were down to around 59. That's a pretty huge drop-off, especially for a high-flying Internet company in its second day of trading, no? |
|
Scott McCormick |
The $8 billion market cap doesn't even include the 15 million options and 19 million shares associated with its recent purchase of BabyCenter. I'm looking forward to shorting this one when shares become available. |
|
InvestorGuide Weekly Administrator |
Here's an article about the eToys IPO: http://www.wired.com/news/news/business/story/19800.html |
|
Bill Tarr |
I think part of the run-up was due to an analyst at Thomas Weisel Partners (who?) being misquoted. He said he could see eToys reaching revenues of $10 billion in 10 years. Some articles I saw later in the day from usually reliable sources 'paraphrased' this to mean that eToys could be worth $10 billion now. Just to clarify: (1) Market cap does not equal revenues. (2) Now does not equal ten years from now. |
|
Zombie Shakespeare |
Get this: eToys now has a market cap of $7.78 billion, $2 billion more than Toys 'R' Us' market cap of $5.65 billion. HOWEVER: In the fiscal year ended March 31, eToys had $30 million in sales and losses of around $28.6 million, while Toys 'R' Us in its year ended January 30 had sales of $11.2 billion and earnings of $376 million. |
|
Bill Tarr |
Volume in the first hour of trading was 7.7 million shares. Can you say "flipping"? |
|
Trader Joe |
dude, you weren't far off. It first traded at 78. Ho hum... |
|
dude |
Gazing into my crystal ball, I see that internet IPO first trade = 3 * offering price. So this one will open around 60. I would peg the post-offering true value of this company at a little above $158.1 million ![]() |
|
gatsby |
Actually, according to ipocentral, the numbers seemed to have increased (and the ipo is still currently planned for this week, just don't know when): 8.32million shares will be offered, priced between $18-$20 (as opposed to $10-$12) for a total Offering amount of $158.1million. Not bad, the price and total $ amount has almost doubled. That's a pretty good sign, eh? |
|
infooverload |
eToys finally is scheduled to have their ipo this week. They are offering 8.2 million shares in hopes of raising $90.2 million at an expected price range of $10-$12. Don't know which day yet though. I wonder if it's a good sign or bad sign that they postponed originally. Nice underwriters though: Goldman, BancBoston, DLJ, and Merrill. |
|
techwatcher |
If Mattel only sells its own toys, I don't think it will pose much of a problem for eToys, as long as eToys offers toys from Mattel as well as all the other toy manufacturers. |
|
Ronnie Rogers |
Mattel announced an aggressive plan to sell its full line of toys on its web site, http://www.mattel.com This could spell trouble for eToys. |
| This topic is 6 pages long: 1 2 3 4 5 6 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.