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Technology Stocks : iBeam Broadcasting Corporation - IBEM -- Ignore unavailable to you. Want to Upgrade?


To: FIRENZA who wrote (52)6/13/2000 12:06:00 AM
From: Walter Morton  Respond to of 148
 
I'm still surprised that IBEM's trading volume has not tripled. Maybe there just aren't that many of us who are ready to sell at these low prices.



To: FIRENZA who wrote (52)6/13/2000 1:07:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 148
 
Well, add Morgan Stanley to the list:

biz.yahoo.com

Interesting that this news was released on the same day that Morgan Stanley is speaking at the 1st Streaming Media Sector Analyst Forum:


biz.yahoo.com



To: FIRENZA who wrote (52)7/14/2000 11:07:19 AM
From: Walter Morton  Read Replies (1) | Respond to of 148
 
Insider action:

biz.yahoo.com

There's nobody filing to sell IBEM stock.



To: FIRENZA who wrote (52)7/25/2000 6:15:49 PM
From: Walter Morton  Respond to of 148
 
IBEM's latest planned acquisition was planning to go public:

NEW YORK, May 15, 2000 /PRNewswire/ -- NextVenue, Inc. announced today the Company has filed a registration statement with the Securities & Exchange Commission for an initial public offering of the Company's common stock. NextVenue is a global provider of comprehensive services for the streaming of audio and video content and communications over the Internet. The offering is being underwritten by Merrill Lynch, Pierce, Fenner & Smith Incorporated, Deutsche Bank Securities, Inc., and Lehman Brothers Inc.



To: FIRENZA who wrote (52)9/5/2000 4:22:56 PM
From: Walter Morton  Read Replies (1) | Respond to of 148
 
idirector.media.ibeam.com



To: FIRENZA who wrote (52)10/24/2000 6:06:23 PM
From: Walter Morton  Respond to of 148
 
"... we see dramatic growth in our top line performance and improvement in our gross margin. Based on continued strong growth in our existing operations and the addition of NextVenue, we believe revenue for the fourth quarter 2000 will be in the range of $9 million to $9.5 million, while for the full year 2001, we are forecasting total revenues in the range of $65 million to $70 million. We anticipate that enterprise customers will contribute more than half of our total revenue in the fourth quarter of 2000, and approximately two thirds of our total revenue in 2001. We also expect entertainment revenue to continue to grow significantly. Gross margin dollar contribution should improve modestly during the fourth quarter, with sequential improvement in gross margin contribution throughout 2001. We believe we will achieve a significant milestone with our ability to report positive gross margin beginning in the third quarter 2001, a quarter in advance of our previous expectations," Ribar concluded.

I always thought the NextVenue acquisition would improve profitability. But IBEM is making improvements in that area and NextVenue sales and income will not be included until next quarter.