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Technology Stocks : VerticalNet, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Xavier Alan who wrote (18)3/4/1999 9:54:00 AM
From: Sam Matz  Read Replies (1) | Respond to of 127
 
What Vertical needs to do to get its stock up is build up its revenues. Verticalnet had around $3.5 million revenues for 9 months ended recently. They need to increase these revenues substantially to get their stock to act in accordance with the big Internet boys (Amazon, Ebay, etc...). The investment community probably is waiting to see revenues on the rise from quarter to quarter. This will prove to the investment world that their model works for b to b commerce. Profitablility, while important in the long run, is not a concern right now (unless their cash position is truly hurting). This will also seperate them from the rest of the b to b players. But in the mean time, we can power root for others to take notice of this company. We can also power root for them to make some deals with the big boys pointing people in the direction of Verticalnet's web sites. Here's to it. Just putting my thoughts to paper.

Sam