Concepts Direct stock drops in wake of dot-com fallout

Article Abstract:

Shares of Concepts Direct Inc plummeted to a 52-week low of $1.75 on Sep 22, 2000 after the the company reported a loss of $1.85 million or 37 cents per share for 2nd qtr 2000. The loss was attributed to Concepts Direct's two failed online ventures, Botweb and iConcepts, that lost considerable funding after the market's dot-com fallout in Apr 2000. Botweb was an Internet portal that reviewed a large scope of Web sites based on quality of content and response time while iConcepts was created to assist other catalogers and offline retailers.

Mail order business, Concepts Direct Inc.

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Lillian Vernon stock dips after unfavorable earnings

Article Abstract:

Lillian Vernon Corp stock dropped to $6.60 on Apr 30, 2001, near its 52- week low of $6.25, due to a $1.4 million net loss for FY2001 which ended Feb 24. The specialty catalog and online retail marketer attributed its unfavorable earnings primarily to the $2.05 million, or 15-cents-per- share, cost of its early Mar 2001 restructuring. It has reduced its salaried work force companywide by 12%, or 40 employees, and consolidated its Las Vegas call center in Virginia Beach, VA.

Lillian Vernon Corp.

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Expansion fuels RMH Teleservices stock rise

Article Abstract:

RMH Teleservices stock rose by almost 14% to $8 per share by the end of May 2001 due to its call center expansion and the growth in technology and telecommunications industries. The company provides a mix of inbound and outbound telemarketing services for firms such as WorldCom, Nextel Communications, Microsoft and Dell Computer. Michael Coady, a senior analyst at Sidoti & Co LLC, has rated the stock a buy, with a 12-month price target of $15.

Telemarketing Services, Telemarketing Bureaus, Telemarketing, RMH Teleservices Inc.

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