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Technology Stocks : iVillage (IVIL)

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To: Bald Man from Mars who wrote (491)1/20/2000 8:48:00 PM
From: John Carragher   of 598
 
For many onetime darlings, such as iVillage and theglobe.com, the recent
stock slide has been at e-speed. What has changed? Investors have
sharpened their focus on individual business models and begun asking
when -- and if -- profits will enter the picture. IVillage has lost more than
half its stock-market value in the past month and a half alone, down $1, or
6.2%, at $15.25 Wednesday in 4 p.m. trading on the Nasdaq Stock
Market, compared with $32 at the end of November. It is now down 88%
from its high of $130 last April 13.

Investors fret that the day iVillage will become profitable keeps getting
pushed further and further out. The company says it hasn't changed
anything about its message to investors concerning its timetable for
profitability. Chris Monaghan, iVillage's chief financial officer, says he
believes there is another issue at work: "Some investors are saying that
other groups have a chance of breaking even more quickly than a media
company like us."
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