Yahoo! a Takeover Target?
When America Online acquired Time Warner last year, the market predicted it was a sign of things to come...as the stars of the New Economy were going to start buying up the stalwarts of the Old Economy.
That was then...this is now. Yahoo!, which at one time had a market cap of $130 billion has seen its stock price nose-dive 85%, flirting with the possibility of dropping below $20 per share.
If that should happen look for Yahoo! to be a prime takeover target by companies like Viacom and Disney, both of which need a global e-presence to compete with AOL/Time Warner.
Right now, everyone is waiting for the Federal Appeals Court ruling on the Microsoft anit-trust case. Preliminary signals indicate a favorable decision for Microsoft, which many analysts are saying will poise the company for a new surge.
All eyes are also on Alan Greenspan and the Fed, waiting to see if the anticipated 50 basis point interest rate cut to 5% will materialize. Look for a market boost on the rumor it will happen.
Hollywood, CA-Emerging Company Report is the nationally syndicated television program profiling emerging-growth companies (http://www.emergingcompany.com), featuring informative interviews with the CEOs, insights into their operations and outlooks for their futures.
Featured companies on this week’s edition include;
Itronics, Inc. (OTC-BB: ITRO) CEO Dr. John Whitney appeared on the program via satellite from Reno, NV, discussing the company’s proprietary process of removing the gold and silver from photochemical waste fluids. The company manufactures pure silver bars from the recovered silver, which are then sold. “Itronics also manufactures our own Gold ‘N Gro fertilizer products as part of the photochemical recycling process”, said Whitney. “The product has received rave reviews in the industry and 2001 will be a benchmark year for the company’s fertilizer business.”
Tasty Fries, Inc., (OTC-BB: TFRY) featured a video demonstration of its unique french fry vending machine, which cooks a fresh bucket of french fries in about 1 minute.
Anthony Lapine, CEO of Semotus Solutions, (AMEX: DLK) formerly Datalink.net, provided some information about his company’s management team, including an interesting account of his personal business and career background, which led to his becoming Chief Executive Officer at Semotus.
The Majestic Companies, Ltd. (OTC-BB: MJXC) provided a video demonstration of their Saf-T-BarTM passive restraint system for school buses.
Free information packages from the featured companies can be requested by sending an email to info@emergingcompany.com.
Viewers of Emerging Company Report can receive free information in the mail about featured companies by calling a toll-free phone number on their TV screen. The weekly television program debuted in 1996 and is seen nationally on Friday evenings at 11:00 ET, 8:00 PT, Saturdays at 4:00 PM ET, 1:00 PM PT and Sunday mornings at 11:00 ET, 8:00 PT. It also airs in New York on Thursdays at 11:30PM and Saturdays at 6:00PM. The program is broadcast to over 30 million cable TV homes in more than 300 cities nationwide.
A complete menu of cable TV channels is available at the Emerging Company Report web site, emergingcompany.com, where the weekly program may also be viewed "On-Demand" on any computer .
Emerging Company Report television program, Copyright 2001, all rights reserved. Emerging Company Report does not provide an analysis of companies' financial positions and is not soliciting to purchase or sell securities of the companies, nor are we offering a recommendation of featured companies or their stocks. Information discussed herein has been provided by the companies and should be verified independently with the companies and a securities analyst. Emerging Company Report has been paid a cash fee of $11,500.00 by the featured companies, does not accept company stock as payment for services, does not hold any positions, options or warrants in featured companies and the information herein is not an endorsement by the producers, publisher or parent company of Emerging Company Report. |