The Death of Silicon Investor Message Board

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Pastimes : The Death of Silicon Investor

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Dec 11 3:59 PM EST

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To: (Bob) Zumbrunnen who wrote (450)	1/27/2002 8:59:16 AM
From: Vendit™	Read Replies (1) of 1003

There are about 400 companies in the message board or similar computer user (reliant) service sector business industry. dbc.com There are actually more than the 400 or so companies than are listed above but the rest never managed to attract any serious money and will never go public since their sector’s time has now past the point of profitability believability, i.e. the technology bubble that started its implosion in April 2000. The same list is shown here with each company’s financial performance for the past year. Only 24 of the 400 computer services companies that are still in business managed to improve their financial performance in the past 12 months while most of the rest continue to hemorrhage cash. About 500 other technology companies went out of business during this same time period. biz.yahoo.com The business models that seem to have some staying power in the sector are in the computer outsourcing, investment management, network services and IT consulting. All of these successful computer service business’s revenues are tied to the banking/investment and federal government. None of them are in the message board business. The king of eyeballs in this sector is AOL-Time Warner, Inc., which is the parent company of America Online, Inc. Through the first 3 quarters of 2001 they managed a net loss, totaling $3.10 billion dollars.

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