E-retailers run low on fuel

Article Abstract:

E-retailers are predicted to seek bankruptcy protection or disappear completely if they continue to spend like they did in 4th qtr 1999 and fail to make profit in year 2000. The prediction is based on a study of 14 e-retailers' 10-K filing with the SEC for the 4th qtr 1999 and on their cash balance on 1st qtr 2000. Within the next 12 months, at least three e- retailers, namely Value America, EMusic.com and Egghead.com, are forecast to run out of cash.

Retail Trade, Capital funds & cash flow

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Investors ignore eBay's solid earnings

Article Abstract:

EBay has posted earings of $11.6 million, or 4 cents per share, for 2nd qtr 2000 which tops estimates by 1 cent. However, analysts are wondering if the strong earnings results are enough to satisfy investors who are skeptical of Internet companies, to the point of ignoring solid earnings. The earnings results also idicate that eBay has become a key way for consumers to shop, becoming indispensable to more people and small businesses worldwide.

Sales, profits & dividends, On-Line Information Services, Videotex & Teletext Svcs NEC, Internet services, Online information services, eBay Inc.

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Impotence treatment wins patent

Article Abstract:

MetroChem Corp, based in Lexington, MA, has obtained a patent for its impotence treatment, Topiglan. Intial tests proved the effectiveness of the prostaglandin cream that is applied directly to the penis and absorbed into the bloodstream. However, Mehta Partners analyst Sergio Traversa believes that investor approval of the company stock may be premature since it is not yet proven if the cream, as opposed to the Viagra pill, will be popularly accepted by the public.

Pharmaceutical Preparation Manufacturing, Patents & copyrights, Genito-Urinary Preps NEC, MetroChem Corp.

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