Horsham firm poised for a big day on the Nasdaq

Article Abstract:

VerticalNet Inc.'s initial public offering on February 11, 1999 has created high expectations on the part of investment experts. Horsham-based VerticalNet utilizes the Internet to bring together business product buyers and the firms that sell them. The company carried out an initial stock sale on February 10. VerticalNet sold shares at $16 per share. The company raised $56 million in new capital from the initial sale.

Comment:

VerticalNet's initial public offering on February 11, 1999 creates high expectations

On-Line Information Services, Videotex & Teletext, Organizational history, Pennsylvania, Internet services, Abstract, Verticalnet Inc.

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Click if you hate grocery shopping

Article Abstract:

The popularity of Internet grocers, a type of business that allows all the things to be bought on the Web, is increasing. FreshDirect, the queens company that sold 700 lobsters in the first week it offered them in New York, is the boldest sign of a booming business along with the dot-com boom.

United States, Food Stores, Food and Beverage Stores, General services, Forecasts, trends, outlooks, Grocery Stores, Supermarkets and Other Grocery (except Convenience) Stores, Services information, Nonstore Retailers, Services, Forecasts and trends, Grocery industry, Market trend/market analysis, Company systems management, Information management, Online shopping

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