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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (14622)	11/11/1999 12:59:00 AM
From: JLS	Read Replies (1) of 57584

Rande, in the category of e-solutions: IIXL, 6 mil float, went from 35 to 47 in 4 days in late October, now is back around 37. Hasn't spiked yet. "IIXL is an Internet services company which provides Internet strategy consulting and comprehensive Internetbased solutions to companies and other corporate users of information technology. For the 9 months ended 9/30/99, revenues totalled $142.6M, up from $35.5M. Net loss applic. to Common increased 99% to $67.6M. Revenues reflect the Company's acquisition program. Net loss reflects increased S/G/A expenses due to an increased headcount." Also, "iXL has also developed Consumer Financial Network, Inc. (CFN), a sophisticated e-commerce platform for selling financial services, employee benefits and prepaid legal services over corporate intranets and the Internet. CFN has contracted with competing providers of various financial services to create a digital marketplace for comparison-shopping and purchase of these offerings." Julie

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