| Epinions.com Discussion about Epinions.com. This is not a place to post links to your reviews. |
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10-26-2004, 06:31 PM
|  | Rockin The Suburbs | | Join Date: Oct 2000 Location: Chantilly, VA
Posts: 8,759
| | Someone in Brisbane made money today. | |
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10-26-2004, 07:11 PM
|  | Epinions Members | | Join Date: Jan 2001 Location: Home
Posts: 8,499
| | Re:(1)Someone in Brisbane made money today. | |
Quote: |
At that time, Shopping.com had a miniscule $525,000 in trailing sales and mounting losses, Renaissance noted. By contrast, it is now the largest online comparison shopping service in the U.S. with more than 20 million users a month and with revenue of $67 million in 2003. That was more than double sales of $29.1 million in 2002 and more than five times sales of $12.7 million in 2001.
| Wow. It is turning into a regular little do-well business.
__________________  You are better when you are pink Winnie the Pooh |
10-27-2004, 06:50 PM
| | Rockin The Suburbs | | Join Date: Oct 2000 Location: Chantilly, VA
Posts: 8,759
| | Re:(1)Someone in Brisbane made money today. | |
You just had to know that the money was going to bring people out of the woodwork.
From the San Jose Mercury News Quote:
Investors in a Epinions, a company that Shopping.com bought last year, also are threatening trouble.
The company warned in its IPO papers a group of Epinions investors are demanding damages for alleged insider misconduct by Tolia and others when Shopping.com negotiated the takeover. The Epinions investors want to be paid 1.8 million to 2.4 million Shopping.com shares -- a stake worth $52 million to $69 million after Tuesday's trading.
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11-01-2004, 12:41 AM
|  | Premium Member | | Join Date: Nov 2000 Location: New York, NY, USA
Posts: 10,670
| | Epinions, Nirav and $20M worth of stock | |
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11-01-2004, 02:25 AM
|  | Junior Member | | Join Date: Jul 2000
Posts: 8,328
| | Re:(1)Epinions, Nirav and $20M worth of stock | |
Thanks for posting that link. Very interesting. |
11-01-2004, 07:20 AM
|  | In Spanish, I'm Marijuana | | Join Date: Aug 2001 Location: Lawn-Guy-Land, NY
Posts: 28,916
| | Re: (2) Epinions, Nirav and $20M worth of stock | |
Well that explains a few things.
__________________
MJ
It's extraordinary to me that the United States can find $700 billion to save Wall Street and the entire G8 can't find $25 billion dollars to save 25,000 children who die every day from preventable diseases.~ Bono | |
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