Quirky little business makes eBay a big buy

Article Abstract:

eBay of San Francisco, CA, is an online auction company that is exciting investors and garage sale afficionados alike with its potential for growth as it offers quirky items for sale to online traders. The three-year-old service has turned into the biggest interpersonal trading service throughout the world. eBay posted $199,000 in net income on $1.46 million in revenues in 1997 compared to $663,000 in earnings for the third quarter of 1998 on $12.9 million in revenues. Analysts believe that eBay succeeded since it helps develop a community online by setting up security parameters for sellers and buyers alike.

Comment:

Is an online auction company that is exciting investors and garage sale afficionados alike with its potential for growth

Services information, Database Vendors NEC, Database industry, eBay Inc., Article

---

NBC to plug Net service for women

Article Abstract:

National Broadcasting Company Inc (NBC) is slated to promote iVillage, an Internet service specialty made for women, as part of a deal that will give it an ownership stake in iVillage. With the deal, NBC joins the growing number of media firms targeting women, who comprise one of the fastest-growing markets on the Internet. The agreement involves promotions that should be aired during day-time and prime-time, while iVillage, in turn, will offer news and advice on parenting, families and health via NBC's and CNET's Snap ad-supported service.

United States, Videotex & Teletext, Cable Television Systems, Cable Networks, Strategic alliances, Internet services, Cable television broadcasting industry, Cable television, National Broadcasting Company Inc.

---

Cisco weighs buying upstart

Article Abstract:

Cisco Systems Inc is evaluating a possible acquisition of Columbia, MD- based, optical networking startup Corvis Communications in a deal that sources close to the situation say could exceed $10 billion. Cisco-Corvis negotiations may get complicated if Lucent Technologies, Alcatel or Siemens decide to pursue one of the last, remaining independent optical networking firms into a bidding war. Current Analysis employee Chris Nicoll opined that Cisco needs to enter the optical transport market to complete its vision.

Acquisitions & mergers, Computer and Peripheral Equipment Manufacturing, Computer Auxiliary Equip, Cisco Systems Inc

Similar abstracts:

• Abstracts: The best taste is exportable. The other side of Eden. Yes, Master
• Abstracts: Fidelity's unassuming heir. GE makes green commitment with major capital investment. Siemens boss on big scandals, bullet-proof limos
• Abstracts: Our little House of horrors lives on. Haunted by ghosts of promises past. Here is the (ABC's) news...
• Abstracts: Engulfed in uncertainty. No easy ride for old bikers
• Abstracts: Navistar settles benefits lawsuit. Western Star to announce B.C. expansion. Sweden's decision on euro uncertain

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.