InfoSpace - 500 Beiträge pro Seite
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Meistdiskutierte Wertpapiere
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2. | 2. | 148,53 | -0,93 | 97 | |||
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Unicom Media Selects InfoSpace to Provide Wireless and Wireline Infrastructure Services for the Chinese Market
Agreement Marks Entry of InfoSpace into the Chinese Market and Among Chinese Communities Worldwide
BELLEVUE, Wash., July 17 /PRNewswire/ -- InfoSpace (Nasdaq: INSP), a leading global provider of communication, information and commerce infrastructure services for wireless devices, merchants and Web sites, and Unicom Media, Ltd. announced today that InfoSpace has been selected to provide infrastructure services for the Chinese market. Unicom Media will use the InfoSpace platform for an international rollout of services that will forever change the way Chinese consumers shop, communicate, access information and otherwise manage their lives from any device at any time. InfoSpace`s services will be available across the network of Unicom Media sites offering commerce, community and information services to Mainland China as well as to Chinese communities around the world.
"InfoSpace is the only company that could provide us with the technology to quickly launch a comprehensive suite of fully integrated Internet services across our network," said Lyle Wolf, CEO of Unicom Media. "Even more compelling, however, was InfoSpace`s commitment to grow with us, and to help us continue offering the latest interactive services to our customers."
"This agreement marks our continued expansion into the Asia/Pacific region and demonstrates the flexibility of our technology platform in its ability to offer next generation Internet services over any device anywhere in the world," said Naveen Jain, chairman of InfoSpace. "We are pleased to add Unicom Media to the growing list of carriers, service providers and Web sites worldwide offering services built on the InfoSpace platform."
About Unicom Media (ChinaBig.com)
ChinaBiG.com, Ltd. is the leading supplier of yellow page information services to the Chinese community, with a focus on providing printed, Internet and wireless yellow page directories and value-added business information services. The company`s partners include China Unicom (NYSE: CHU), the second largest and fastest growing integrated provider of telecommunications services in China, China Unicom Hong Kong, R.H. Donnelley Corporation (NYSE: RHD), a leading independent marketer of multimedia yellow page advertising in the United States, Teleway Communications and Optimum Pacific. ChinaBiG has offices in Hong Kong, Beijing, Shenzhen, Guangzhou and New York. The ChinaBiG web site ( http://www.chinabig.com ) is China`s first bilingual online yellow pages, providing a comprehensive resource for the worldwide Chinese communities and for doing business with these communities. The fully multilingual site (in English and both simplified and traditional Chinese) provides instant access to millions of companies, products and services throughout the greater China area and is a complete one-stop resource for anyone interested in doing business in or with greater China.
Agreement Marks Entry of InfoSpace into the Chinese Market and Among Chinese Communities Worldwide
BELLEVUE, Wash., July 17 /PRNewswire/ -- InfoSpace (Nasdaq: INSP), a leading global provider of communication, information and commerce infrastructure services for wireless devices, merchants and Web sites, and Unicom Media, Ltd. announced today that InfoSpace has been selected to provide infrastructure services for the Chinese market. Unicom Media will use the InfoSpace platform for an international rollout of services that will forever change the way Chinese consumers shop, communicate, access information and otherwise manage their lives from any device at any time. InfoSpace`s services will be available across the network of Unicom Media sites offering commerce, community and information services to Mainland China as well as to Chinese communities around the world.
"InfoSpace is the only company that could provide us with the technology to quickly launch a comprehensive suite of fully integrated Internet services across our network," said Lyle Wolf, CEO of Unicom Media. "Even more compelling, however, was InfoSpace`s commitment to grow with us, and to help us continue offering the latest interactive services to our customers."
"This agreement marks our continued expansion into the Asia/Pacific region and demonstrates the flexibility of our technology platform in its ability to offer next generation Internet services over any device anywhere in the world," said Naveen Jain, chairman of InfoSpace. "We are pleased to add Unicom Media to the growing list of carriers, service providers and Web sites worldwide offering services built on the InfoSpace platform."
About Unicom Media (ChinaBig.com)
ChinaBiG.com, Ltd. is the leading supplier of yellow page information services to the Chinese community, with a focus on providing printed, Internet and wireless yellow page directories and value-added business information services. The company`s partners include China Unicom (NYSE: CHU), the second largest and fastest growing integrated provider of telecommunications services in China, China Unicom Hong Kong, R.H. Donnelley Corporation (NYSE: RHD), a leading independent marketer of multimedia yellow page advertising in the United States, Teleway Communications and Optimum Pacific. ChinaBiG has offices in Hong Kong, Beijing, Shenzhen, Guangzhou and New York. The ChinaBiG web site ( http://www.chinabig.com ) is China`s first bilingual online yellow pages, providing a comprehensive resource for the worldwide Chinese communities and for doing business with these communities. The fully multilingual site (in English and both simplified and traditional Chinese) provides instant access to millions of companies, products and services throughout the greater China area and is a complete one-stop resource for anyone interested in doing business in or with greater China.
weiterhin unglaubliches wachstum beim wireless internet von NTT docomo:
am 04.06.: 7.265.000
am 11.06.: 7.507.000
am 18.06.: 7.729.000
am 25.06.: 8.076.000
am 02.07.: 8.406.000
am 09.07.: 8.732.000
am 16.07.: 9.085.000
damit hat NTT die userzahlen seit jahresanfang nahezu verdreifacht.
täglich kommen 40.000 bis 50.000 neue hinzu.
wöchentlich wächst die zahl um 4-5%.
ob steve harmon schon mal von NTT gehört hat?? tsts
gruß
zündi
am 04.06.: 7.265.000
am 11.06.: 7.507.000
am 18.06.: 7.729.000
am 25.06.: 8.076.000
am 02.07.: 8.406.000
am 09.07.: 8.732.000
am 16.07.: 9.085.000
damit hat NTT die userzahlen seit jahresanfang nahezu verdreifacht.
täglich kommen 40.000 bis 50.000 neue hinzu.
wöchentlich wächst die zahl um 4-5%.
ob steve harmon schon mal von NTT gehört hat?? tsts
gruß
zündi
Hi zündi!
Wie bewertest Du die letzte Meldung? Ist es schon Zeit Infospace nachzulegen oder sollte man lieber den Herbst abwarten?
mfg:
fasel
Wie bewertest Du die letzte Meldung? Ist es schon Zeit Infospace nachzulegen oder sollte man lieber den Herbst abwarten?
mfg:
fasel
Wireless Internet Access Gets Personal
Verizon Wireless` Mobile Web Service Gives Customers Power to Personalize Wireless Net Experience
BEDMINSTER, N.J., July 17 /PRNewswire/ -- Combining the mobility of wireless communications with access to World Wide Web-based information and the ability to easily personalize that information, Verizon Wireless today launched a new national service, Mobile Web.
The new service comes just three months after the launch of Verizon Wireless.
Mobile Web is designed to meet each user`s specific personal and business needs, with a simple intuitive format making it easy for the user to customize what they want to see on their handset. Users can customize either directly from their handset or via desktop using the http://www.MyVZW.com Web site, powered by InfoSpace. The ``MyVZW`` Web site provides a personal home page enabling users to identify text message alerts they want sent to the handset as well as select only the Internet-based information they want.
``The introduction of Mobile Web marks a new era in the convergence of wireless and the Internet,`` said Denny Strigl, president and CEO for Verizon Wireless. ``This new service gives users the most convenient way to wirelessly access the content they want from the Internet. At the same time, Mobile Web lays the groundwork for the next evolution of wireless Internet applications.``
Verizon Wireless` Mobile Web service is designed to be the foundation for launching new information-based services. Strigl added, ``This service offering is just the beginning. We fully expect to optimize the value of Mobile Web by continuing to introduce wireless access to new and exciting content and by integrating new functionality such as location-specific offerings.``
Through a series of agreements Verizon Wireless has made with Internet content providers, Mobile Web customers can access a variety of Web sites ranging from personal finance and shopping, to news and entertainment. By customizing the information desired via MyVZW.com, users can receive updates on their own stock portfolio and have an alert sent when a particular stock reaches a targeted price point.
``Comparison shop, book airline flights, make restaurant reservations, receive your daily horoscope, and keep up with your favorite sports team with Mobile Web and much more,`` said Debra Carroll, vice president of marketing for Verizon Wireless. ``Mobile Web is valuable, personal and affordable for all types of Internet users, even those who have yet to explore the wired alternatives.``
Verizon Wireless Makes Wireless Internet Access Practical
For a competitive price of $6.95 a month, Verizon Wireless customers can add on Mobile Web service to any digital service plan, including the company`s popular SingleRate® flat-rate pricing plans which start at $35.00 for monthly access. Mobile Web customers may use their bundled minutes for both voice and Web services and can receive up to 100 message alerts monthly at no additional charge. Additional alerts are 10 cents. In addition, customers may choose from as many as six different Web-capable wireless handsets.
User choice is central to the Mobile Web offering. Currently, information from 32 branded sites is available. (See sidebar for complete listing of content partners.) Specifically, Mobile Web customers can access the following tools and information based on their needs and interests:
-- Messaging -- e-mail -- username@MyVZW.com, access to other e-mail
accounts and e-mail alerts
-- News, Weather, and Sports -- headline alerts, final score alerts and
weather forecast for selected city
-- Bookmark any wireless-enabled Internet site
-- Finance -- manage 401K Fidelity Investments accounts, get stock alerts
and trading from E*Trade, Fidelity Investments and DLJ Direct
-- mCommerce -- comparison shopping and on-line shopping
-- Personal Information Management Tools (PIM) -- Calendar with reminder
alerts, address book with one-touch dialing, compatible with MS Outlook
-- Entertainment -- horoscopes, lottery results and movie schedules
-- Travel -- flight schedule and status
-- eCustomer Care -- one-touch dial to customer care
As an introduction to Mobile Web, Verizon Wireless will waive the $6.95 fee for three months so customers can trial the service. To sign up for service, customers can visit a Verizon Wireless Communications Store or call 1-800-466-4646.
Beginning today, the service is available in the following major cities: Los Angeles; New York; Atlanta; Boston; Washington, DC; Baltimore; Philadelphia; Seattle; Phoenix; Pittsburgh; Charlotte; Cincinnati; Cleveland; Denver; Kansas City; Detroit; Hartford, CT; Omaha; Portland, Oregon; Sacramento; Salt Lake City; San Diego; Des Moines; Albuquerque and Tucson, AZ. Mobile Web will be available next week in Chicago; San Francisco; St. Louis; Houston; Honolulu; Indianapolis, Nashville and Knoxville, TN; Lexington, KY; Norfolk, VA; Raleigh, NC. Verizon Wireless will introduce the service in the remainder of its markets over the next few months.
The Next Phase of Mobile Web
The Yankee Group expects 48 million Web-enabled digital phone users worldwide by 2002 and climbing to 204 million users by 2005. Helping to fuel this growth, Verizon Wireless will add content and functionality to its Mobile Web service. These include location-based services, such as the delivery of coupons for a nearby retailer or restaurant directly to the customer`s handset, based on specified preferences and usage trends. Mobile Web will also serve as the platform for digital two-way SMS (short messaging service), which the company plans to launch by the end of 2000.
Verizon Wireless` Mobile Web Service Gives Customers Power to Personalize Wireless Net Experience
BEDMINSTER, N.J., July 17 /PRNewswire/ -- Combining the mobility of wireless communications with access to World Wide Web-based information and the ability to easily personalize that information, Verizon Wireless today launched a new national service, Mobile Web.
The new service comes just three months after the launch of Verizon Wireless.
Mobile Web is designed to meet each user`s specific personal and business needs, with a simple intuitive format making it easy for the user to customize what they want to see on their handset. Users can customize either directly from their handset or via desktop using the http://www.MyVZW.com Web site, powered by InfoSpace. The ``MyVZW`` Web site provides a personal home page enabling users to identify text message alerts they want sent to the handset as well as select only the Internet-based information they want.
``The introduction of Mobile Web marks a new era in the convergence of wireless and the Internet,`` said Denny Strigl, president and CEO for Verizon Wireless. ``This new service gives users the most convenient way to wirelessly access the content they want from the Internet. At the same time, Mobile Web lays the groundwork for the next evolution of wireless Internet applications.``
Verizon Wireless` Mobile Web service is designed to be the foundation for launching new information-based services. Strigl added, ``This service offering is just the beginning. We fully expect to optimize the value of Mobile Web by continuing to introduce wireless access to new and exciting content and by integrating new functionality such as location-specific offerings.``
Through a series of agreements Verizon Wireless has made with Internet content providers, Mobile Web customers can access a variety of Web sites ranging from personal finance and shopping, to news and entertainment. By customizing the information desired via MyVZW.com, users can receive updates on their own stock portfolio and have an alert sent when a particular stock reaches a targeted price point.
``Comparison shop, book airline flights, make restaurant reservations, receive your daily horoscope, and keep up with your favorite sports team with Mobile Web and much more,`` said Debra Carroll, vice president of marketing for Verizon Wireless. ``Mobile Web is valuable, personal and affordable for all types of Internet users, even those who have yet to explore the wired alternatives.``
Verizon Wireless Makes Wireless Internet Access Practical
For a competitive price of $6.95 a month, Verizon Wireless customers can add on Mobile Web service to any digital service plan, including the company`s popular SingleRate® flat-rate pricing plans which start at $35.00 for monthly access. Mobile Web customers may use their bundled minutes for both voice and Web services and can receive up to 100 message alerts monthly at no additional charge. Additional alerts are 10 cents. In addition, customers may choose from as many as six different Web-capable wireless handsets.
User choice is central to the Mobile Web offering. Currently, information from 32 branded sites is available. (See sidebar for complete listing of content partners.) Specifically, Mobile Web customers can access the following tools and information based on their needs and interests:
-- Messaging -- e-mail -- username@MyVZW.com, access to other e-mail
accounts and e-mail alerts
-- News, Weather, and Sports -- headline alerts, final score alerts and
weather forecast for selected city
-- Bookmark any wireless-enabled Internet site
-- Finance -- manage 401K Fidelity Investments accounts, get stock alerts
and trading from E*Trade, Fidelity Investments and DLJ Direct
-- mCommerce -- comparison shopping and on-line shopping
-- Personal Information Management Tools (PIM) -- Calendar with reminder
alerts, address book with one-touch dialing, compatible with MS Outlook
-- Entertainment -- horoscopes, lottery results and movie schedules
-- Travel -- flight schedule and status
-- eCustomer Care -- one-touch dial to customer care
As an introduction to Mobile Web, Verizon Wireless will waive the $6.95 fee for three months so customers can trial the service. To sign up for service, customers can visit a Verizon Wireless Communications Store or call 1-800-466-4646.
Beginning today, the service is available in the following major cities: Los Angeles; New York; Atlanta; Boston; Washington, DC; Baltimore; Philadelphia; Seattle; Phoenix; Pittsburgh; Charlotte; Cincinnati; Cleveland; Denver; Kansas City; Detroit; Hartford, CT; Omaha; Portland, Oregon; Sacramento; Salt Lake City; San Diego; Des Moines; Albuquerque and Tucson, AZ. Mobile Web will be available next week in Chicago; San Francisco; St. Louis; Houston; Honolulu; Indianapolis, Nashville and Knoxville, TN; Lexington, KY; Norfolk, VA; Raleigh, NC. Verizon Wireless will introduce the service in the remainder of its markets over the next few months.
The Next Phase of Mobile Web
The Yankee Group expects 48 million Web-enabled digital phone users worldwide by 2002 and climbing to 204 million users by 2005. Helping to fuel this growth, Verizon Wireless will add content and functionality to its Mobile Web service. These include location-based services, such as the delivery of coupons for a nearby retailer or restaurant directly to the customer`s handset, based on specified preferences and usage trends. Mobile Web will also serve as the platform for digital two-way SMS (short messaging service), which the company plans to launch by the end of 2000.
meinst du die china meldung?
logisch positiv..gibt ne menge chinesen auf dieser welt
auf lange sicht sehen wir derzeit kaufkurse. auch wenn japan sicher ein stück weiter in der handy-entwicklung ist, irgendwann wird die welle die staaten erreichen. und dann geht die party erst los.
würde aber die zahlen abwarten und auch den chart beachten!
zündi
logisch positiv..gibt ne menge chinesen auf dieser welt
auf lange sicht sehen wir derzeit kaufkurse. auch wenn japan sicher ein stück weiter in der handy-entwicklung ist, irgendwann wird die welle die staaten erreichen. und dann geht die party erst los.
würde aber die zahlen abwarten und auch den chart beachten!
zündi
hier endlich der 2. teil des interviews mit ITradionet
Naveen Jain
Chairman & Founder Infospace.com
This is Marc Holland and welcome back to Part II of our one on one exclusive interview with Naveen Jain, the chief strategist, the CEO, the man, the myth behind Internet giant, Infospace. In part I, we explored the wireless Web and Infospace’s vision of how the wireless Web will change the way we buy, sell, communicate, research, learn, everything. In part II, we’re going to focus in on the man.
HOLLAND: All right, let’s shift over to some personal questions, if you don’t mind. You founded the company in 1996, not quite at the dawn of the Internet per se, but certainly your vision for supplying content to sites was well ahead of the curve. Where did the idea come from? I mean, it seems logical now, but not necessarily back then.
JAIN: Well, it was, in my opinion, very obvious. You go back and look at every revolution that we were talking about, and it was very obvious the companies that survive in the long term are the companies that are providing the shovels and the picks and the underlying infrastructure.
We knew in 1996 there was no such thing as a portal. There were search engines. We said, wait a second: the search engines have no business model. The better the search engine is, the sooner I leave.
That means these sites had to become what I called a mini-AOL. They had to have the services to keep the user there. Now, why would anybody want to build these services on their own every time? Why not have Infospace building these services and letting everybody brand them under their name? Our model was very simple. We will build a shop and we will let you call it your shop. Right?
HOLLAND: Right.
JAIN: This is exactly what Microsoft did. Microsoft built an operating system called MS-DOS and let people call it Bell DOS, PC DOS, or Compac DOS. And they started the de facto opportunity system for the PC. It was very simple.
Now If we were able to become the information operating system, this market will be 100 times bigger than the PC because there will be 100 times more people using the non-PC devices than the PC devices. And now if you think about it in the same way, in the PC world, the companies like Microsoft and Intel are able to create a close to a trillion dollar market cap.
If there is justice in this world, and you’re going to be using 100 times more, our market cap should be 100 times the trillion dollars.
HOLLAND: Do you consider yourself a technologist or a marketer?
JAIN: Well, personally I consider myself to be a person who understands technology reasonably well, with the engineering background and having worked as a programmer. At the same time, I think I have a very good sense of the business in terms of where the world is moving, and I have been very, very good in terms of identifying the next big trend.
So a year and half ago when everybody was going gaga over the etailers, I was the first person who came out and said most etailers will go out of business in the next 12-18 months.
Right? Today, it seems very obvious, but I presented that prediction at the Goldman Conference, and there was an $85 stock at that time, and although people say now that it’s obvious that it was going to be a $5 dollar stock, it wasn’t very obvious until a month ago.
HOLLAND: Right, right, right.
JAIN: So I think I’m very good at identifying the trend. So we essentially latched onto the off-line world, knowing that ultimately the brick and mortar supplier will use the Internet as yet another channe,l rather than the Internet being the replacement of their existing channel. Right?
We knew wireless would be hot 4 years ago, and that’s the reason we launched our first wireless service with AT&T in October of 1996.
HOLLAND: Got you.
JAIN: So we were very good at identifying the trend. Our company’s technology is great. I can tell you we spent 33% on technology. We had the best developers that had ever been born.
HOLLAND: So what skills make you an effective leader in the new economy?
JAIN: Well, in some sense, the most effective leaders are always the same. If you read the Washington Post articles, I talked to them about that. The most successful leaders tend to be very charismatic, a person who is, in some sense, like a cult leader. Because when you’re starting a company, you really have nothing but a belief, and you have to have people believe in you. It’s like starting a cult where people have to start believing in your vision, and how they can be part of changing the world. That means hire the people who are passionate. and by passion I mean, a passion for winning, not just a passion for an idea.
And if you can hire the people who are passionate to win, people who want to join the company because they want to change the world, not just make money, that’s how you become successful in life.
HOLLAND: So you’re saying that your people make you successful?
JAIN: Absolutely correct. I mean I am just a spokesperson, but really the work gets done by the people who are a whole lot smarter than I am.
HOLLAND: Uh huh.
JAIN: And we’ve got a lot of them, too.
HOLLAND: [laughing] And they’re rich, too, I’m sure.
JAIN: In some sense, to be honest with you, none of us started Infospace because we needed to make money; in all honesty, Bill was very nice to us. When we came in from Microsoft, our house was paid for, and life was very reasonably taken care of.
We started Infospace with the simple belief that we wanted to change the way people communicate. We wanted to change the world, change the way people conduct commerce. We wanted to change the way people manage their lives. That was the cause. That was our Jihad. How can we go do something, build something that will change the world, and how can we dominate the universe? Right.
HOLLAND: Right. Any tales you can relate regarding your quest for funding?
JAIN: Well, I mean, it’s really not much of a thing, because as I said, we really hated the venture capitalists. We didn’t want any venture capitalists to make money from our blood and sweat. We turned every employee into a venture capitalist.
I can tell you about one of the employees who still works for us, who started at Infospace when we couldn’t obviously pay him much money. We paid him less than $30,000. He had a car that he had to sell because he couldn’t afford the insurance. He walked to work. He had a baby. He used the stroller for grocery shopping for 2 1/2 years. And the payoff was he had a million times return on the investment!
HOLLAND: Right, right. And deserved it.
JAIN: And deserved it, too. And that’s actually what excites us the most, seeking the employees who put in their blood and sweat and make things happen, rather than the people who sit on the beach and tell you what to do.
HOLLAND: All right. Well, you addressed it earlier, the topic of profits. How important are profits in the new economy, over the concept of growth of the rush to build a strong Internet brand?
JAIN: Ultimately, if you cannot build a business that has a sustainable business model for the long term, you are in the wrong side. So we built a company which has in fact been profitable for the last four consecutive quarters. We were profitable in our first year of operation, right? To us, building a business had a simple value: build the things that people want to pay for, and make sure your cost is cheaper than your price. Right?
HOLLAND: Right.
JAIN: So in some sense, you have to build a business for simple profitability. The only thing I will add is you have to always look out for the long term. Do not build a business for the next quarter, the next year or next five years or next 10 years.
HOLLAND: Or the next fad.
JAIN: Always build a business that is going to last for the next century. Look back, how are you going to build industry? How are you going to create an industry rather than just build a company?
HOLLAND: Beautiful. Your greatest accomplishment?
JAIN: My greatest accomplishment is still be alive after working 20 hours a day for the last 4 years.
HOLLAND: [laughing] And your greatest failure?
JAIN: My greatest failure. God. Well, I guess is not having time to spend with my kids, with my family.
HOLLAND: And any keys that you can share with our listeners about learning from failures?
JAIN: Well, I mean, in some sense, you know, one of the lessons of failures is never be afraid, never, ever be afraid, to make a decision.
In our lives we can go back and tell you so many times we made mistakes. But it was okay because we then knew what would not work. And rather than spending 2 years trying, brainstorming, having consultants, trying focus groups, we just tried. When something didn’t work, we moved on to the next thing.
Never be afraid to make decisions, because making decisions is what makes you successful.
HOLLAND: It’s funny you should say that. General Patton once said that when faced with a situation, the best thing you can do is make the right decision, the next best thing you can do is make the wrong decision, and the worst thing you can do is make no decision at all.
JAIN: Exactly correct, and that’s what we believe in. Make the decision. Hopefully it’s going to be right, and as long as you’re more often right than wrong, you’re always on the right track.
HOLLAND: Naveen, it’s been an absolute pleasure speaking with you today.
JAIN: Thank you, Marc.
HOLLAND: We’ve been listening to Naveen Jain, Chairman, founder and chief strategist for Infospace.com. This is Marc Holland.
http://www.itradionetwork.com/scripts/jain2.html
Naveen Jain
Chairman & Founder Infospace.com
This is Marc Holland and welcome back to Part II of our one on one exclusive interview with Naveen Jain, the chief strategist, the CEO, the man, the myth behind Internet giant, Infospace. In part I, we explored the wireless Web and Infospace’s vision of how the wireless Web will change the way we buy, sell, communicate, research, learn, everything. In part II, we’re going to focus in on the man.
HOLLAND: All right, let’s shift over to some personal questions, if you don’t mind. You founded the company in 1996, not quite at the dawn of the Internet per se, but certainly your vision for supplying content to sites was well ahead of the curve. Where did the idea come from? I mean, it seems logical now, but not necessarily back then.
JAIN: Well, it was, in my opinion, very obvious. You go back and look at every revolution that we were talking about, and it was very obvious the companies that survive in the long term are the companies that are providing the shovels and the picks and the underlying infrastructure.
We knew in 1996 there was no such thing as a portal. There were search engines. We said, wait a second: the search engines have no business model. The better the search engine is, the sooner I leave.
That means these sites had to become what I called a mini-AOL. They had to have the services to keep the user there. Now, why would anybody want to build these services on their own every time? Why not have Infospace building these services and letting everybody brand them under their name? Our model was very simple. We will build a shop and we will let you call it your shop. Right?
HOLLAND: Right.
JAIN: This is exactly what Microsoft did. Microsoft built an operating system called MS-DOS and let people call it Bell DOS, PC DOS, or Compac DOS. And they started the de facto opportunity system for the PC. It was very simple.
Now If we were able to become the information operating system, this market will be 100 times bigger than the PC because there will be 100 times more people using the non-PC devices than the PC devices. And now if you think about it in the same way, in the PC world, the companies like Microsoft and Intel are able to create a close to a trillion dollar market cap.
If there is justice in this world, and you’re going to be using 100 times more, our market cap should be 100 times the trillion dollars.
HOLLAND: Do you consider yourself a technologist or a marketer?
JAIN: Well, personally I consider myself to be a person who understands technology reasonably well, with the engineering background and having worked as a programmer. At the same time, I think I have a very good sense of the business in terms of where the world is moving, and I have been very, very good in terms of identifying the next big trend.
So a year and half ago when everybody was going gaga over the etailers, I was the first person who came out and said most etailers will go out of business in the next 12-18 months.
Right? Today, it seems very obvious, but I presented that prediction at the Goldman Conference, and there was an $85 stock at that time, and although people say now that it’s obvious that it was going to be a $5 dollar stock, it wasn’t very obvious until a month ago.
HOLLAND: Right, right, right.
JAIN: So I think I’m very good at identifying the trend. So we essentially latched onto the off-line world, knowing that ultimately the brick and mortar supplier will use the Internet as yet another channe,l rather than the Internet being the replacement of their existing channel. Right?
We knew wireless would be hot 4 years ago, and that’s the reason we launched our first wireless service with AT&T in October of 1996.
HOLLAND: Got you.
JAIN: So we were very good at identifying the trend. Our company’s technology is great. I can tell you we spent 33% on technology. We had the best developers that had ever been born.
HOLLAND: So what skills make you an effective leader in the new economy?
JAIN: Well, in some sense, the most effective leaders are always the same. If you read the Washington Post articles, I talked to them about that. The most successful leaders tend to be very charismatic, a person who is, in some sense, like a cult leader. Because when you’re starting a company, you really have nothing but a belief, and you have to have people believe in you. It’s like starting a cult where people have to start believing in your vision, and how they can be part of changing the world. That means hire the people who are passionate. and by passion I mean, a passion for winning, not just a passion for an idea.
And if you can hire the people who are passionate to win, people who want to join the company because they want to change the world, not just make money, that’s how you become successful in life.
HOLLAND: So you’re saying that your people make you successful?
JAIN: Absolutely correct. I mean I am just a spokesperson, but really the work gets done by the people who are a whole lot smarter than I am.
HOLLAND: Uh huh.
JAIN: And we’ve got a lot of them, too.
HOLLAND: [laughing] And they’re rich, too, I’m sure.
JAIN: In some sense, to be honest with you, none of us started Infospace because we needed to make money; in all honesty, Bill was very nice to us. When we came in from Microsoft, our house was paid for, and life was very reasonably taken care of.
We started Infospace with the simple belief that we wanted to change the way people communicate. We wanted to change the world, change the way people conduct commerce. We wanted to change the way people manage their lives. That was the cause. That was our Jihad. How can we go do something, build something that will change the world, and how can we dominate the universe? Right.
HOLLAND: Right. Any tales you can relate regarding your quest for funding?
JAIN: Well, I mean, it’s really not much of a thing, because as I said, we really hated the venture capitalists. We didn’t want any venture capitalists to make money from our blood and sweat. We turned every employee into a venture capitalist.
I can tell you about one of the employees who still works for us, who started at Infospace when we couldn’t obviously pay him much money. We paid him less than $30,000. He had a car that he had to sell because he couldn’t afford the insurance. He walked to work. He had a baby. He used the stroller for grocery shopping for 2 1/2 years. And the payoff was he had a million times return on the investment!
HOLLAND: Right, right. And deserved it.
JAIN: And deserved it, too. And that’s actually what excites us the most, seeking the employees who put in their blood and sweat and make things happen, rather than the people who sit on the beach and tell you what to do.
HOLLAND: All right. Well, you addressed it earlier, the topic of profits. How important are profits in the new economy, over the concept of growth of the rush to build a strong Internet brand?
JAIN: Ultimately, if you cannot build a business that has a sustainable business model for the long term, you are in the wrong side. So we built a company which has in fact been profitable for the last four consecutive quarters. We were profitable in our first year of operation, right? To us, building a business had a simple value: build the things that people want to pay for, and make sure your cost is cheaper than your price. Right?
HOLLAND: Right.
JAIN: So in some sense, you have to build a business for simple profitability. The only thing I will add is you have to always look out for the long term. Do not build a business for the next quarter, the next year or next five years or next 10 years.
HOLLAND: Or the next fad.
JAIN: Always build a business that is going to last for the next century. Look back, how are you going to build industry? How are you going to create an industry rather than just build a company?
HOLLAND: Beautiful. Your greatest accomplishment?
JAIN: My greatest accomplishment is still be alive after working 20 hours a day for the last 4 years.
HOLLAND: [laughing] And your greatest failure?
JAIN: My greatest failure. God. Well, I guess is not having time to spend with my kids, with my family.
HOLLAND: And any keys that you can share with our listeners about learning from failures?
JAIN: Well, I mean, in some sense, you know, one of the lessons of failures is never be afraid, never, ever be afraid, to make a decision.
In our lives we can go back and tell you so many times we made mistakes. But it was okay because we then knew what would not work. And rather than spending 2 years trying, brainstorming, having consultants, trying focus groups, we just tried. When something didn’t work, we moved on to the next thing.
Never be afraid to make decisions, because making decisions is what makes you successful.
HOLLAND: It’s funny you should say that. General Patton once said that when faced with a situation, the best thing you can do is make the right decision, the next best thing you can do is make the wrong decision, and the worst thing you can do is make no decision at all.
JAIN: Exactly correct, and that’s what we believe in. Make the decision. Hopefully it’s going to be right, and as long as you’re more often right than wrong, you’re always on the right track.
HOLLAND: Naveen, it’s been an absolute pleasure speaking with you today.
JAIN: Thank you, Marc.
HOLLAND: We’ve been listening to Naveen Jain, Chairman, founder and chief strategist for Infospace.com. This is Marc Holland.
http://www.itradionetwork.com/scripts/jain2.html
alter schwede, wenn ich sehe, was die amis grade mit CMTN machen, wird mir ja angst und bange wegen den INSP quartalszahlen. bei CMTN waren 22 cent erwartet, 24 war die whisper-number und die haben sie auch erreicht, umsätze von über 80mio, ein wachstum von über 30% zum vorQUARTAL und die schieben verkaufpanik!!! schicken die aktie mal so eben über 15% runter!
was erwarten die anleger eigentlich? ne gewinnver1000fachung? einen 10trillionen umsatz?
mann, das hat mich jetzt echt geschockt und mitgenommen, da kann man ja nur beten, daß INSP deutlich über den whispers liegt.
gruß
V.C.
was erwarten die anleger eigentlich? ne gewinnver1000fachung? einen 10trillionen umsatz?
mann, das hat mich jetzt echt geschockt und mitgenommen, da kann man ja nur beten, daß INSP deutlich über den whispers liegt.
gruß
V.C.
dito.
Es ist wirklich ein Problem, wenn die Erwartungen immer noch höher geschraubt werden. Irgendwann muß man bluten, aber bei CMTN halte ich es für unangebracht.
Pringle
Es ist wirklich ein Problem, wenn die Erwartungen immer noch höher geschraubt werden. Irgendwann muß man bluten, aber bei CMTN halte ich es für unangebracht.
Pringle
CMTN ist vor den zahlen aber auch gut gestiegen. immerhin von 80 auf heute 125. mehr als 50%.
da waren wohl gewinnmitnahmen abzusehen...
gruß
zündi
da waren wohl gewinnmitnahmen abzusehen...
gruß
zündi
zugegeben, aber in dem maße ist es doch wirklich übertrieben, das ist ja fast eine hinrichtung! ich kanns nicht nachvollziehen, immerhin machen dieses jahr voraussichtlich 300 mio umsatz und ca 1$ gewinn pro aktie. und das bei dem explosiven wachstum. igendwie habe ich das gefühl, sobald unternehmen profitabel werden, wird ihnen weniger zugestanden. vielleicht, weil plötzlich alle mit KGV statt KUV rechnen und das ist dann natürlich höher, stichwort psychologie.
naja, will mit meinen bescheidenen gedanken zu CMTN und der ungerechten anlegerwelt eigentlich nicht diesen thread füllen, also solls das jetzt auch gewesen sein, mittelfristig gibts eh wieder höhere kurse.
gruß
V.C.
naja, will mit meinen bescheidenen gedanken zu CMTN und der ungerechten anlegerwelt eigentlich nicht diesen thread füllen, also solls das jetzt auch gewesen sein, mittelfristig gibts eh wieder höhere kurse.
gruß
V.C.
Wann kommen bitte die Quartalszahlen von INSP ?
Danke :-)
Danke :-)
Jetzt beackert AOL den Wireless Markt !
AOL will Teil seiner Inhalte über AT&T anbieten
Dulles (Reuters) - Die America Online Inc will künftig einen Teil seiner Inhalte und Services über den Netzbetreiber AT&T Wireless Services anbieten. Das Abkommen sei das jüngste in einer Reihe von Vertragsabschlüssen mit Netzbetreibern, teilte AOL am Montag in Dulles mit, ohne nähere Einzelheiten zu nennen. AOL - weltweit führender Internet Service Anbieter - will nach eigenen Angaben seinen Mitgliedern künftig über Mobilfunkgeräte Zugang zu e-mail und anderen AOL- Inhalten bieten. Mit Beginn diesen Herbstes würden Benutzer von AT&T Wireless` Digital PocketNet gegen eine Gebühr Zugriff auf AOL`s Angebote, wie e-mail, Kalender und Nachrichten erhalten.
AOL steht bereits in Partnerschaft unter anderem mit Motorola, Nokia und BellSouth . AOL will im Herbst mit dem Medienkonzern Time Warner zusammengehen. Der Kurs der AOL-Aktie stieg am Montag an der New Yorker Börse im frühen Handel um 10/16 Dollar auf 62-7/16 Dollar.
AOL will Teil seiner Inhalte über AT&T anbieten
Dulles (Reuters) - Die America Online Inc will künftig einen Teil seiner Inhalte und Services über den Netzbetreiber AT&T Wireless Services anbieten. Das Abkommen sei das jüngste in einer Reihe von Vertragsabschlüssen mit Netzbetreibern, teilte AOL am Montag in Dulles mit, ohne nähere Einzelheiten zu nennen. AOL - weltweit führender Internet Service Anbieter - will nach eigenen Angaben seinen Mitgliedern künftig über Mobilfunkgeräte Zugang zu e-mail und anderen AOL- Inhalten bieten. Mit Beginn diesen Herbstes würden Benutzer von AT&T Wireless` Digital PocketNet gegen eine Gebühr Zugriff auf AOL`s Angebote, wie e-mail, Kalender und Nachrichten erhalten.
AOL steht bereits in Partnerschaft unter anderem mit Motorola, Nokia und BellSouth . AOL will im Herbst mit dem Medienkonzern Time Warner zusammengehen. Der Kurs der AOL-Aktie stieg am Montag an der New Yorker Börse im frühen Handel um 10/16 Dollar auf 62-7/16 Dollar.
Hi Cyberdream, hier die Antwort auf deine Frage:
InfoSpace To Release Second Quarter Earnings
InfoSpace will release its Second Quarter Earnings on Wednesday, July 26, 2000, after the market closes, at approximately 1:15 pm, pacific standard time (PST).
nachzulesen unter: www.infospace.com :-)
InfoSpace To Release Second Quarter Earnings
InfoSpace will release its Second Quarter Earnings on Wednesday, July 26, 2000, after the market closes, at approximately 1:15 pm, pacific standard time (PST).
nachzulesen unter: www.infospace.com :-)
Eher uninteressant und nicht weltbewegend aber trotzdem:
Kleiner Beitrag in der aktuellen Euro am Sonntag mit dem Fazit:
Aktuelle Kursschwäche zum Einstieg nutzen!
Kleiner Beitrag in der aktuellen Euro am Sonntag mit dem Fazit:
Aktuelle Kursschwäche zum Einstieg nutzen!
Verizon Launches Wireless Internet Powered by InfoSpace`s Platform and Suite Of Services
InfoSpace Provides the Wireless Default Platform of Information, Community, Communications, and Shopping Services To Verizon Wireless Customers Coast-to-Coast
BELLEVUE, Wash., July 18 /PRNewswire/ -- InfoSpace (Nasdaq: INSP), a leading global provider of information and commerce infrastructure services for wireless devices, merchants and Web sites, and Verizon Wireless, the largest wireless communications provider in the U.S., today announced that Verizon Wireless has launched its Mobile Web service using InfoSpace`s wireless platform and integrated suite of services. InfoSpace`s wireless infrastructure services enable Verizon Wireless to offer its customers the ability to conduct commerce, access information and manage their lives all from their Verizon Wireless-powered phone.
"InfoSpace`s wide range of wireless services and the flexibility of our platform make our infrastructure the first choice for carriers," said Naveen Jain, founder and chairman, InfoSpace. "This partnership will empower Verizon Wireless to provide its users with next-generation services that will help it create a long term relationship with its mobile customers."
"We are using InfoSpace`s platform and integrated suite of services because they allow us to provide our customers with localized mobile services tailored to each specific customer`s needs. There is a strong and growing consumer demand for these services," said Marc Lefar, Verizon Wireless` staff vice president, e-Business, Wireless Internet and Data Services. "The flexibility and scalability of InfoSpace`s services adds real value to our service, driving our users to rely on their wireless phone as the ultimate source of information -- anytime, any place and on any device."
Launched yesterday, Mobile Web is a nationwide service providing users access to the Web-based information they want via their wireless handsets. Mobile Web is designed to meet each user`s specific personal and business needs and allows for the user to customize either directly on his/her handset or through Verizon Wireless` new customer portal, MyVZW.com. Mobile Web runs on Verizon Wireless` coast-to-coast, CDMA network.
About InfoSpace`s Wireless Services
InfoSpace`s Wireless Internet Services are the first end-to-end private-label solution that enable wireless carriers, device manufacturers and software application providers to develop a comprehensive wireless portal optimized for their customers. The integrated platform of services provide mobile users with one place to get relevant content including real-time stock quotes and directions; commerce capabilities, including price comparison shopping; communication features, including person-to person, device-independent instant messaging; personalization and localization.
InfoSpace`s Wireless Internet Services are device-independent and provide a platform which enables carriers to support a variety of emerging protocols such as WAP, PQA`s for Palm VII and VXML, in addition to HDML and SMTP. InfoSpace`s services are compatible with a variety of gateway technologies including WAP gateways from Nokia, Phone.com and Ericsson.
InfoSpace Provides the Wireless Default Platform of Information, Community, Communications, and Shopping Services To Verizon Wireless Customers Coast-to-Coast
BELLEVUE, Wash., July 18 /PRNewswire/ -- InfoSpace (Nasdaq: INSP), a leading global provider of information and commerce infrastructure services for wireless devices, merchants and Web sites, and Verizon Wireless, the largest wireless communications provider in the U.S., today announced that Verizon Wireless has launched its Mobile Web service using InfoSpace`s wireless platform and integrated suite of services. InfoSpace`s wireless infrastructure services enable Verizon Wireless to offer its customers the ability to conduct commerce, access information and manage their lives all from their Verizon Wireless-powered phone.
"InfoSpace`s wide range of wireless services and the flexibility of our platform make our infrastructure the first choice for carriers," said Naveen Jain, founder and chairman, InfoSpace. "This partnership will empower Verizon Wireless to provide its users with next-generation services that will help it create a long term relationship with its mobile customers."
"We are using InfoSpace`s platform and integrated suite of services because they allow us to provide our customers with localized mobile services tailored to each specific customer`s needs. There is a strong and growing consumer demand for these services," said Marc Lefar, Verizon Wireless` staff vice president, e-Business, Wireless Internet and Data Services. "The flexibility and scalability of InfoSpace`s services adds real value to our service, driving our users to rely on their wireless phone as the ultimate source of information -- anytime, any place and on any device."
Launched yesterday, Mobile Web is a nationwide service providing users access to the Web-based information they want via their wireless handsets. Mobile Web is designed to meet each user`s specific personal and business needs and allows for the user to customize either directly on his/her handset or through Verizon Wireless` new customer portal, MyVZW.com. Mobile Web runs on Verizon Wireless` coast-to-coast, CDMA network.
About InfoSpace`s Wireless Services
InfoSpace`s Wireless Internet Services are the first end-to-end private-label solution that enable wireless carriers, device manufacturers and software application providers to develop a comprehensive wireless portal optimized for their customers. The integrated platform of services provide mobile users with one place to get relevant content including real-time stock quotes and directions; commerce capabilities, including price comparison shopping; communication features, including person-to person, device-independent instant messaging; personalization and localization.
InfoSpace`s Wireless Internet Services are device-independent and provide a platform which enables carriers to support a variety of emerging protocols such as WAP, PQA`s for Palm VII and VXML, in addition to HDML and SMTP. InfoSpace`s services are compatible with a variety of gateway technologies including WAP gateways from Nokia, Phone.com and Ericsson.
18.07.2000
Infospace kaufen
Global Net Investing
Für die Experten vom Börsenbrief Global Net Investing hat die Aktie der Infospace
Inc. (WKN 917694) ein enormes Kurspotential.
Das Unternehmen sei Marktführer im Bereich der drahtlosen Internet-Infrastruktur.
Jüngst abgeschlossene Kooperationen mit AT&T, Verizon Wirelesss und
VoiceStream Wireless würden dies eindrucksvoll unterstreichen.
Infospace arbeite mit einer unglaublichen Bruttogewinnspanne von über 80%, was
Analysten zufolge in den nächsten Jahre gehalten und sogar bis auf 86%
ausgebaut werden könne.
Schätzungen zufolge werde der Umsatz von 37 Millionen USD in 1999 auf fast 1
Milliarde USD in 2005 ansteigen. Dieses Jahr solle sich der Bruttogewinn von 32
Mio. auf 64 Mio. USD verdoppeln. Bis 2005 werde der Bruttogewinn auf 822
Millionen USD explodieren.
Der Titel sei damit ein typisches Beispiel für einen Internetwert, bei dem das
dynamische nicht nur auf Umsatz- sondern auch auf Ertragsebene stattfinde.
Auf jeden Fall ein paar Aktien ins Depot legen, Gewinnerwartung auf Sicht bis
Jahresende betrage glatte 100%, so die Analysteneinschätzung.
Infospace kaufen
Global Net Investing
Für die Experten vom Börsenbrief Global Net Investing hat die Aktie der Infospace
Inc. (WKN 917694) ein enormes Kurspotential.
Das Unternehmen sei Marktführer im Bereich der drahtlosen Internet-Infrastruktur.
Jüngst abgeschlossene Kooperationen mit AT&T, Verizon Wirelesss und
VoiceStream Wireless würden dies eindrucksvoll unterstreichen.
Infospace arbeite mit einer unglaublichen Bruttogewinnspanne von über 80%, was
Analysten zufolge in den nächsten Jahre gehalten und sogar bis auf 86%
ausgebaut werden könne.
Schätzungen zufolge werde der Umsatz von 37 Millionen USD in 1999 auf fast 1
Milliarde USD in 2005 ansteigen. Dieses Jahr solle sich der Bruttogewinn von 32
Mio. auf 64 Mio. USD verdoppeln. Bis 2005 werde der Bruttogewinn auf 822
Millionen USD explodieren.
Der Titel sei damit ein typisches Beispiel für einen Internetwert, bei dem das
dynamische nicht nur auf Umsatz- sondern auch auf Ertragsebene stattfinde.
Auf jeden Fall ein paar Aktien ins Depot legen, Gewinnerwartung auf Sicht bis
Jahresende betrage glatte 100%, so die Analysteneinschätzung.
SG Cowen: InfoSpace (INSP)- Strong Buy
Announced deal with Unicom Media. Will provide wireless and wireline svcs in China (8.2MM subscribers). Also, Verizon, INSP`s largest U.S. wireless customer with 25MM subscribers, went live yesterday. Price target $155. INSP $49
Announced deal with Unicom Media. Will provide wireless and wireline svcs in China (8.2MM subscribers). Also, Verizon, INSP`s largest U.S. wireless customer with 25MM subscribers, went live yesterday. Price target $155. INSP $49
Infospace zieht gerade mächtig an, hat irgendjemand Infos?
fasel
fasel
im instinet steht das bid bei 50$
ts.... und hier zahlen die dann gleich 58€
aber vielleicht kommen ja big news wer weiß
zündi
ts.... und hier zahlen die dann gleich 58€
aber vielleicht kommen ja big news wer weiß
zündi
Normal ist das jedenfalls nicht!
Sag mal, wenn sich ein Fond einkauft, macht er das doch bestimmt in den USA oder? Das kann`s also nicht sein.
Mir kanns nur recht sein, wenn sie steigen!
fasel
Sag mal, wenn sich ein Fond einkauft, macht er das doch bestimmt in den USA oder? Das kann`s also nicht sein.
Mir kanns nur recht sein, wenn sie steigen!
fasel
Hat sich ja leider wieder normalisiert!
Ich wüßte trotzdem gern, was das gewesen ist!
D. Duck
Ich wüßte trotzdem gern, was das gewesen ist!
D. Duck
ich finds geil, trade im moment immer mit ein paar "bonus-aktien" zusätzlich zum langfristigen bestand, klappt auch bis jetzt ganz gut, nicht zuletzt, weil in deutschland immer so nette aufschläge bezahlt werden.
gruß
V.C.
gruß
V.C.
Wednesday July 19, 9:40 am Eastern Time
Company Press Release
InfoSpace Enhances Mobile Commerce Service By
Allowing Consumers To Request Bids and Prices From
Online and Offline Merchants Through Agreement
with netgenShopper.com
FAIRFAX, Va.--(BUSINESS WIRE)--July 19, 2000--
This enhanced mobile commerce capability will be offered to
InfoSpace`s partners that include leading wireless carriers
worldwide, merchant partners and leading Web sites to facilitate
the adoption and use by consumers worldwide to turn
every device into a transaction device
InfoSpace (NASDAQ:INSP - news), a leading Internet infrastructure company, and netgenShopper.com, a reverse auction
service, today announced a strategic alliance in which InfoSpace will integrate netgenShopper.com`s infrastructure technology,
enabling consumers to request bids and prices from online and offline merchants.
This technology will allow buyers to easily and efficiently gather information and compare pricing on products and services,
while driving targeted sales leads to merchants affiliated with InfoSpace`s vast partner network. Buyers submit a single request
for a product or service, and in return receive custom offers from numerous interested merchants.
This service provides sellers access to a previously untapped stream of interested, ready-to-buy customers.
The integration of this commerce technology with InfoSpace`s platform for data and transaction services that are used by
leading wireless carriers, more than 400,000 merchants and more than 3,000 leading Web sites, will enable a new breed of
commerce services that will facilitate and drive mobile transactions between buyers and sellers.
With this partnership, netgenshopper.com`s technology will be offered to InfoSpace`s infrastructure partners with a reach of
more than 90% of all Internet users enabling netgenshopper.com to quickly become a leading technology provider in this space.
``The key to enabling mobile commerce is to deliver integrated, actionable and personalized information to wireless devices that
drives consumers to traditional brick and mortar retailers and service companies and facilitating that transaction between the
merchant and the consumer,`` said Naveen Jain, chairman and chief strategist of InfoSpace. ``Integrating netgenShopper.com`s
technology into the InfoSpace platform is a natural fit for us as we continue to bring merchants and consumers together
wherever they may be looking for a product or a service and makes it easy for consumers to purchase these goods or services
from any device.``
According to Forrester Research/Kelsey Group, eight out of 10 buyers first perform research on the Web and then buy
products or services within a 10-mile radius of their home.
netgenShopper.com`s reverse auction service directly addresses this trend by matching buyers to local merchants and driving
new customers to local businesses that are often overlooked in the traditional e-commerce marketplace.
netgenShopper.com`s technology will be offered everywhere online that consumers shop and merchants list their businesses,
through InfoSpace`s extensive affiliate network. As an integrated part of InfoSpace`s commerce and merchant service offerings,
it will be part of a combined offering that InfoSpace provides to its merchant partners, including all five regional bell operating
companies (RBOC`s), merchant acquiring banks and local media networks.
``No other competitor can offer their merchants access to such an extensive network of leading Web sites and wireless
carriers. netgenShopper.com is transcending the traditional reverse auction service with its extensive buyer and seller network,
and a focus on matching shoppers with local merchants,`` comments Mike Kohonoski, President of netgenShopper.com.
About netgenShopper.com
netgenShopper.com is a reverse auction service, linking interested buyers to qualified merchants, and creating the largest
buyer/seller matching network in the nation. The company was founded in 1999 in Fairfax, Virginia. The service enables local
businesses to find new customers and drive new sales, while empowering buyers to make informed purchasing decisions.
netgenShopper.com has long-term agreements with the largest buyer and seller aggregators in the industry, including Internet
portals, online directories and well-established professional associations.
For more information, visit the company`s Web site at www.netgenshopper.com.
Company Press Release
InfoSpace Enhances Mobile Commerce Service By
Allowing Consumers To Request Bids and Prices From
Online and Offline Merchants Through Agreement
with netgenShopper.com
FAIRFAX, Va.--(BUSINESS WIRE)--July 19, 2000--
This enhanced mobile commerce capability will be offered to
InfoSpace`s partners that include leading wireless carriers
worldwide, merchant partners and leading Web sites to facilitate
the adoption and use by consumers worldwide to turn
every device into a transaction device
InfoSpace (NASDAQ:INSP - news), a leading Internet infrastructure company, and netgenShopper.com, a reverse auction
service, today announced a strategic alliance in which InfoSpace will integrate netgenShopper.com`s infrastructure technology,
enabling consumers to request bids and prices from online and offline merchants.
This technology will allow buyers to easily and efficiently gather information and compare pricing on products and services,
while driving targeted sales leads to merchants affiliated with InfoSpace`s vast partner network. Buyers submit a single request
for a product or service, and in return receive custom offers from numerous interested merchants.
This service provides sellers access to a previously untapped stream of interested, ready-to-buy customers.
The integration of this commerce technology with InfoSpace`s platform for data and transaction services that are used by
leading wireless carriers, more than 400,000 merchants and more than 3,000 leading Web sites, will enable a new breed of
commerce services that will facilitate and drive mobile transactions between buyers and sellers.
With this partnership, netgenshopper.com`s technology will be offered to InfoSpace`s infrastructure partners with a reach of
more than 90% of all Internet users enabling netgenshopper.com to quickly become a leading technology provider in this space.
``The key to enabling mobile commerce is to deliver integrated, actionable and personalized information to wireless devices that
drives consumers to traditional brick and mortar retailers and service companies and facilitating that transaction between the
merchant and the consumer,`` said Naveen Jain, chairman and chief strategist of InfoSpace. ``Integrating netgenShopper.com`s
technology into the InfoSpace platform is a natural fit for us as we continue to bring merchants and consumers together
wherever they may be looking for a product or a service and makes it easy for consumers to purchase these goods or services
from any device.``
According to Forrester Research/Kelsey Group, eight out of 10 buyers first perform research on the Web and then buy
products or services within a 10-mile radius of their home.
netgenShopper.com`s reverse auction service directly addresses this trend by matching buyers to local merchants and driving
new customers to local businesses that are often overlooked in the traditional e-commerce marketplace.
netgenShopper.com`s technology will be offered everywhere online that consumers shop and merchants list their businesses,
through InfoSpace`s extensive affiliate network. As an integrated part of InfoSpace`s commerce and merchant service offerings,
it will be part of a combined offering that InfoSpace provides to its merchant partners, including all five regional bell operating
companies (RBOC`s), merchant acquiring banks and local media networks.
``No other competitor can offer their merchants access to such an extensive network of leading Web sites and wireless
carriers. netgenShopper.com is transcending the traditional reverse auction service with its extensive buyer and seller network,
and a focus on matching shoppers with local merchants,`` comments Mike Kohonoski, President of netgenShopper.com.
About netgenShopper.com
netgenShopper.com is a reverse auction service, linking interested buyers to qualified merchants, and creating the largest
buyer/seller matching network in the nation. The company was founded in 1999 in Fairfax, Virginia. The service enables local
businesses to find new customers and drive new sales, while empowering buyers to make informed purchasing decisions.
netgenShopper.com has long-term agreements with the largest buyer and seller aggregators in the industry, including Internet
portals, online directories and well-established professional associations.
For more information, visit the company`s Web site at www.netgenshopper.com.
einfach klasse, wie INSP seine plattform ständig verbessert.
gibts eigentlich eine ECHTE alternative zur INSP m-commerce lösung??????
GO INSP
zündi
gibts eigentlich eine ECHTE alternative zur INSP m-commerce lösung??????
GO INSP
zündi
Cellphones ushering in wireless Internet era
By Michelle V. Rafter
LOS ANGELES, July 19 (Reuters) - If you think lots of people use cell phones now, just wait.
A few years into the future, wearing a cell phone will be as common as wearing a watch, thanks in large part to a mess of Internet-based services being cooked up for consumer consumption.
That is the consensus of leaders in the cell phone and Internet business who discussed the prospects of an unwired world of interactive communication at the recent Internet Summit conference in Dana Point, Calif., sponsored by The Industry Standard (http://www.thestandard.com), the Internet business magazine. (Disclaimer: In addition to writing this column, I am a contributing writer for the Standard.).
Today, fewer Americans use cell phones than people in Japan or European countries such as Finland, where an estimated 90 percent of teenagers carry the devices.
The discrepancy will change over time, the experts said, as U.S. telecommunications companies upgrade to more powerful digital wireless systems that can transmit data over cell phones at up to 2 megabits per second, and as companies hammer out standards for how Internet-based information will be carried.
By some analysts` estimates, more than 400 million cell phones are in use somewhere on the planet today, a number that is rising between 30 percent and 40 percent a year, said Bill Gurley, general partner at Silicon Valley venture capital firm Benchmark Capital (http://www.benchmark.com), speaking at the conference. At that rate, cell phones are the front-runners to become the way people will connect to a wireless Internet, he said.
Hand-held devices such as the Palm from Palm Inc., though not as abundant as cell phones, will also continue to be used for more wireless applications, Gurley and others said.
``We like to think of ourselves as a wireless solutions company, not a device company,`` said Carl Yankowski, chief executive of Santa Clara, Calif.-based Palm, speaking at the meeting.
The collection of Internet-based services available in the United States for specially equipped cell phones and hand-held devices is growing, with deals between cell phone carriers and Internet companies announced almost daily. Recently, America Online beat out Yahoo in a contest to land a top listing on Sprint PCS Web-enabled cell phones.
But U.S. wireless Internet offerings still are crude compared with what`s out there in other parts of the world, and what`s to come at home, according to experts speaking at the conference.
In Japan, for example, a million customers of one cell phone company download a different cartoon character every day to display on their phone screens, at 9 cents a pop, Burley said. Both Japan and Europe are ahead of the United States in upgrading to digital-based cellular networks capable of carrying more Internet data per second.
Cell phones of the future won`t look like today`s models. They`ll have larger screens and Web browsers built into them, said Arun Sarin, chief executive of InfoSpace, a Bellevue, Wash., provider of e-mail, calendars and other applications sold to wireless carriers for their customers.
``They`ll also be very personal, a wearable device,`` Sarin said. ``In Japan and Korea, people wear their cell phones like (convention goers) wear badges,`` on a cord around their necks.
In the future, Americans will use their cell phones not just to read e-mail, check stocks and look up weather reports, but to play games, listen to music and even watch movies, he predicted.
The trickle of services that let people pick up information off the Web by speaking commands into their cell phones rather than typing them in is turning into a flood. One start-up, Tellme Networks (http://www.tellme.com), in Mountain View, Calif., used the Internet Summit to demonstrate an Internet-based 800-number service that lets people speak commands into their cell phones to search for a restaurant or get live news reports, among other things. Since launching a preview version in April, Tellme has received 1.5 million calls, and expects to make the service available to all by the end of July.
``We have 80-year-old grandmothers who are totally addicted to it,`` said Mike McCue, Tellme`s co-founder and chief executive. ``Consumers have no idea it`s the Internet and we never tell them. It`s just a cool service.``
Such innovations aside, current wireless Internet services are where the wired Internet was five years ago, and it`s not clear whether established players such as AOL and Sprint, or start-ups such as TellMe will be the big winners, the experts said.
And it`s still hard to imagine all of the kinds of services that will be created for a wireless Internet, they said.
``People don`t have the capacity to envision what will be,`` Palm`s Yankowski said. ``So we just have to get it out there.``
http://biz.yahoo.com/rf/000719/n19415114.html
By Michelle V. Rafter
LOS ANGELES, July 19 (Reuters) - If you think lots of people use cell phones now, just wait.
A few years into the future, wearing a cell phone will be as common as wearing a watch, thanks in large part to a mess of Internet-based services being cooked up for consumer consumption.
That is the consensus of leaders in the cell phone and Internet business who discussed the prospects of an unwired world of interactive communication at the recent Internet Summit conference in Dana Point, Calif., sponsored by The Industry Standard (http://www.thestandard.com), the Internet business magazine. (Disclaimer: In addition to writing this column, I am a contributing writer for the Standard.).
Today, fewer Americans use cell phones than people in Japan or European countries such as Finland, where an estimated 90 percent of teenagers carry the devices.
The discrepancy will change over time, the experts said, as U.S. telecommunications companies upgrade to more powerful digital wireless systems that can transmit data over cell phones at up to 2 megabits per second, and as companies hammer out standards for how Internet-based information will be carried.
By some analysts` estimates, more than 400 million cell phones are in use somewhere on the planet today, a number that is rising between 30 percent and 40 percent a year, said Bill Gurley, general partner at Silicon Valley venture capital firm Benchmark Capital (http://www.benchmark.com), speaking at the conference. At that rate, cell phones are the front-runners to become the way people will connect to a wireless Internet, he said.
Hand-held devices such as the Palm from Palm Inc., though not as abundant as cell phones, will also continue to be used for more wireless applications, Gurley and others said.
``We like to think of ourselves as a wireless solutions company, not a device company,`` said Carl Yankowski, chief executive of Santa Clara, Calif.-based Palm, speaking at the meeting.
The collection of Internet-based services available in the United States for specially equipped cell phones and hand-held devices is growing, with deals between cell phone carriers and Internet companies announced almost daily. Recently, America Online beat out Yahoo in a contest to land a top listing on Sprint PCS Web-enabled cell phones.
But U.S. wireless Internet offerings still are crude compared with what`s out there in other parts of the world, and what`s to come at home, according to experts speaking at the conference.
In Japan, for example, a million customers of one cell phone company download a different cartoon character every day to display on their phone screens, at 9 cents a pop, Burley said. Both Japan and Europe are ahead of the United States in upgrading to digital-based cellular networks capable of carrying more Internet data per second.
Cell phones of the future won`t look like today`s models. They`ll have larger screens and Web browsers built into them, said Arun Sarin, chief executive of InfoSpace, a Bellevue, Wash., provider of e-mail, calendars and other applications sold to wireless carriers for their customers.
``They`ll also be very personal, a wearable device,`` Sarin said. ``In Japan and Korea, people wear their cell phones like (convention goers) wear badges,`` on a cord around their necks.
In the future, Americans will use their cell phones not just to read e-mail, check stocks and look up weather reports, but to play games, listen to music and even watch movies, he predicted.
The trickle of services that let people pick up information off the Web by speaking commands into their cell phones rather than typing them in is turning into a flood. One start-up, Tellme Networks (http://www.tellme.com), in Mountain View, Calif., used the Internet Summit to demonstrate an Internet-based 800-number service that lets people speak commands into their cell phones to search for a restaurant or get live news reports, among other things. Since launching a preview version in April, Tellme has received 1.5 million calls, and expects to make the service available to all by the end of July.
``We have 80-year-old grandmothers who are totally addicted to it,`` said Mike McCue, Tellme`s co-founder and chief executive. ``Consumers have no idea it`s the Internet and we never tell them. It`s just a cool service.``
Such innovations aside, current wireless Internet services are where the wired Internet was five years ago, and it`s not clear whether established players such as AOL and Sprint, or start-ups such as TellMe will be the big winners, the experts said.
And it`s still hard to imagine all of the kinds of services that will be created for a wireless Internet, they said.
``People don`t have the capacity to envision what will be,`` Palm`s Yankowski said. ``So we just have to get it out there.``
http://biz.yahoo.com/rf/000719/n19415114.html
Sach ma, zuendi und venturecapital, gehört euch infospace?
Habe gestern jedenfalls auch mal gekauft, zu 55 Euro. Was für Zahlen werden denn erwartet nächsten Mittwoch? Eher pos. oder eher neg. ?Denke doch wohl eher positiv,oder?
Habe gestern jedenfalls auch mal gekauft, zu 55 Euro. Was für Zahlen werden denn erwartet nächsten Mittwoch? Eher pos. oder eher neg. ?Denke doch wohl eher positiv,oder?
ja, neben ein paar kleineren investoren (putnam, american express etc) teilen venturecapital und ich uns den löwenanteil an INSP...
es werden negative zahlen erwartet: -0.06US$
zündi
es werden negative zahlen erwartet: -0.06US$
zündi
Hallo zuendi,
muß Dich enttäuschen-ich habe auch noch ein paar von den Goldstücken.
INSP ist die mit Abstand größte Position in meinem Depot. Bin seit 04/99 investiert und werd`sie so schnell auch nicht hergeben.
Meine einzige Sorge ist, dass Insp aufgekauft werden könnte.
Zuendi, was denkst Du? Übrigens:Respekt und Anerkennung für Deine Postings!
Mach weiter so!
muß Dich enttäuschen-ich habe auch noch ein paar von den Goldstücken.
INSP ist die mit Abstand größte Position in meinem Depot. Bin seit 04/99 investiert und werd`sie so schnell auch nicht hergeben.
Meine einzige Sorge ist, dass Insp aufgekauft werden könnte.
Zuendi, was denkst Du? Übrigens:Respekt und Anerkennung für Deine Postings!
Mach weiter so!
InfoSpace Joins China Unicom and R.H. Donnelley in Unicom Media Directory Business
InfoSpace Invests in Chinese Internet and Printed Yellow Pages to Tap Into Local Commerce Market in China
BELLEVUE, Wash., July 20 /PRNewswire/ -- InfoSpace (Nasdaq: INSP), a leading global provider of information and commerce infrastructure services for wireless devices, merchants and Web sites, and Unicom Media, Ltd. announced today that InfoSpace has purchased an interest in Unicom Media. Unicom Media`s business includes ChinaBiG.com and ChinaBiG.com.cn, Chinese electronic yellow pages and full service web advertising sites, ChinaBig printed yellow pages in Peoples Republic of China, and wireless Chinese business directories. InfoSpace recently entered into an agreement to supply infrastructure services to ChinaBiG.com.
"InfoSpace is an ideal new partner for our company," said Lyle Wolf, CEO of Unicom Media. "Its strengths in Internet and wireless technology combine well with our strong database, sales and marketing assets to do the best job of matching buyers and sellers in the fast growing Chinese market."
"InfoSpace continues to expand globally, and Asia is a key target market for us," said Naveen Jain, chairman of InfoSpace. "The more we got to know Unicom Media and see the potential in the Chinese market, the more we realized how incredibly well positioned Unicom Media is. It just made sense to invest."
InfoSpace Invests in Chinese Internet and Printed Yellow Pages to Tap Into Local Commerce Market in China
BELLEVUE, Wash., July 20 /PRNewswire/ -- InfoSpace (Nasdaq: INSP), a leading global provider of information and commerce infrastructure services for wireless devices, merchants and Web sites, and Unicom Media, Ltd. announced today that InfoSpace has purchased an interest in Unicom Media. Unicom Media`s business includes ChinaBiG.com and ChinaBiG.com.cn, Chinese electronic yellow pages and full service web advertising sites, ChinaBig printed yellow pages in Peoples Republic of China, and wireless Chinese business directories. InfoSpace recently entered into an agreement to supply infrastructure services to ChinaBiG.com.
"InfoSpace is an ideal new partner for our company," said Lyle Wolf, CEO of Unicom Media. "Its strengths in Internet and wireless technology combine well with our strong database, sales and marketing assets to do the best job of matching buyers and sellers in the fast growing Chinese market."
"InfoSpace continues to expand globally, and Asia is a key target market for us," said Naveen Jain, chairman of InfoSpace. "The more we got to know Unicom Media and see the potential in the Chinese market, the more we realized how incredibly well positioned Unicom Media is. It just made sense to invest."
mensch oasis....nicht alles ernst nehmen
zündi
zündi
merrill vom 17.07.:
Infospace (INSP) AT&T Wireless Deal With AOL (Henry Blodget/Sofia Ghachem)
• AT&T Wireless announced today that AOL would receive premium placement on the AT&T Pocketnet data phone. We believe this is neutral for INSP. AOL’s prescence on AT&T should make the overall package more attractive to consumers which is a net positive for INSP in the near-term. Recall that the key drivers of INSP stock are subscriber growth counts and European/Asian contract announcements. According to AOL, AOL placement is on the second page marked ’Portals’for the AOL wireless portal in the basic, plus and premium AT&T Pocketnet offerings. AOL email is on the page marked ’Other email’in the plus and premium packages. And AOL Moviefone is on the page marked ’Find It’in the plus and premium packages.
• AOL will offer access to Moviefone and Digital Cities. This has the potential to cut into INSP’s transaction upside. However, we
would note the following. First, transaction upside is not in our estimates for the next two years. And second, Digital Cities sites are not yet WAP-enabled and it is unclear how they will be integrated into the AT&T offering from a transaction processing perspective. INSP’s merchant sites (the comparable to Digital Cities) are WAP-enabled and fully integrated into a transaction processing engine. Moviefone is not WAP-enabled, according to AOL, but consumers are able to access it and transact.
• Longer-term, we have some concerns about INSP’s pricing power and believe the $1 per subscriber per month is likely to come down as subscriber counts gain scale. We re-iterate our Buy rating.
Infospace (INSP) AT&T Wireless Deal With AOL (Henry Blodget/Sofia Ghachem)
• AT&T Wireless announced today that AOL would receive premium placement on the AT&T Pocketnet data phone. We believe this is neutral for INSP. AOL’s prescence on AT&T should make the overall package more attractive to consumers which is a net positive for INSP in the near-term. Recall that the key drivers of INSP stock are subscriber growth counts and European/Asian contract announcements. According to AOL, AOL placement is on the second page marked ’Portals’for the AOL wireless portal in the basic, plus and premium AT&T Pocketnet offerings. AOL email is on the page marked ’Other email’in the plus and premium packages. And AOL Moviefone is on the page marked ’Find It’in the plus and premium packages.
• AOL will offer access to Moviefone and Digital Cities. This has the potential to cut into INSP’s transaction upside. However, we
would note the following. First, transaction upside is not in our estimates for the next two years. And second, Digital Cities sites are not yet WAP-enabled and it is unclear how they will be integrated into the AT&T offering from a transaction processing perspective. INSP’s merchant sites (the comparable to Digital Cities) are WAP-enabled and fully integrated into a transaction processing engine. Moviefone is not WAP-enabled, according to AOL, but consumers are able to access it and transact.
• Longer-term, we have some concerns about INSP’s pricing power and believe the $1 per subscriber per month is likely to come down as subscriber counts gain scale. We re-iterate our Buy rating.
China Unicom in deal with Motorola to expand network
China Unicom, a wing of the nation`s second-largest telephone company, China United Telecommunications, said today it will pay Motorola $190 million to expand its cellular networks in three provinces.
The expansion contracts will allow China Unicom to add some 2.3 million customers to its subscriber base, which stood at 4.2 million at the end of 1999. China represents one-sixth of the world`s population and has the world`s largest wireless communications network.
The companies are also in negotiations to set up seven new GSM network (Global System for Mobile Communications) stations in other regions, which could increase the subscriber base by as much as 5 million.
"There is pent up demand in China for cellular service," Motorola spokesman Joe Arimond said. "China Unicom is one of the big providers there and we`re giving them the equipment they need to address this growing demand for cellular."
China Unicom operates Motorola GSM networks in Shandong, Jiangsu and Hunan, three major provinces in China with a combined population of some 200 million.
China Unicom launched an initial public offering on June 21, raising $4.9 billion in the nation`s largest IPO outside of Asia. Shares have risen 27 percent since its IPO.
Shares of Motorola traded down 38 cents at $37.13 in late afternoon trading.
China Unicom, a wing of the nation`s second-largest telephone company, China United Telecommunications, said today it will pay Motorola $190 million to expand its cellular networks in three provinces.
The expansion contracts will allow China Unicom to add some 2.3 million customers to its subscriber base, which stood at 4.2 million at the end of 1999. China represents one-sixth of the world`s population and has the world`s largest wireless communications network.
The companies are also in negotiations to set up seven new GSM network (Global System for Mobile Communications) stations in other regions, which could increase the subscriber base by as much as 5 million.
"There is pent up demand in China for cellular service," Motorola spokesman Joe Arimond said. "China Unicom is one of the big providers there and we`re giving them the equipment they need to address this growing demand for cellular."
China Unicom operates Motorola GSM networks in Shandong, Jiangsu and Hunan, three major provinces in China with a combined population of some 200 million.
China Unicom launched an initial public offering on June 21, raising $4.9 billion in the nation`s largest IPO outside of Asia. Shares have risen 27 percent since its IPO.
Shares of Motorola traded down 38 cents at $37.13 in late afternoon trading.
InfoSpace Leads Next Wireless Trend
Several leading analysts who follow wireless industry trends see major upside potential for InfoSpace Inc.’s {INSP} stock over the coming year, saying the company is emerging as a leading enabler of mobile, wireless-Internet applications.
"With wireless subscribers expected to exceed 1 billion worldwide by 2003, the convergence of wireless with the Internet has created extraordinary opportunities for wireless Internet infrastructure providers, such as INSP," wrote Prabhas Panigrahi, an analyst at Dresdner Kleinwort Benson in New York, in a short research note published earlier this month.
Panigrahi, who has a reputation for producing unusually detailed and persuasive research, plans to publish a more-comprehensive report supporting the stock later this month.
In the meantime, the analyst has initiated coverage of InfoSpace with a "buy" rating, his firm’s highest recommendation, and an estimated 12-month fair equity valuation, or price target, of $70 a share.
InfoSpace’s post-initial public offering stock chart has the typical dot-com
roller-coaster look and feel. One reason may be the fact that the company was first established as InfoSpace.com Inc. and only recently decided to drop the dot-com label in recognition of its move toward serving evolving
wireless-application markets.
But analysts say they like the synergy between the old InfoSpace.com and the newer, more wireless-oriented operation.
The company’s original mission involved providing unbranded directory, shopping and other content resources to leading Web sites such as America Online Inc. {AOL}, Lycos Inc. {LCOS}, Microsoft Corp.`s {MSFT} The Microsoft Network (MSN) and AOL’s Netscape, among many others.
More recently, the Bellevue, Wash.-based firm has capitalized on that role by providing the software infrastructure and expertise needed to build easy-to-use wireless applications designed for the next generation of wireless
Internet-access devices, such as cell phones and personal digital assistants.
What gets analysts excited are the deals InfoSpace has inked to build wireless applications, not only with many of the Web sites it already has relationships with, but also with leading wireless carriers such as AT&T Wireless Group {AWE}, SBC Communications Inc. {SBC} and Verizon Communications {VZ} (formerly Bell Atlantic). Taken together, the carriers InfoSpace works with control about 80 percent of the wireless subscriber market in the United States.
On the Web-site side, a recent industry survey shows that 3,000 of the world’s most-popular Web sites, which account for 90 percent of Internet traffic worldwide, are already using InfoSpace’s unbranded content and platform as part of their own online offerings, according to Dresdner Kleinwort Benson.
Meanwhile, InfoSpace’s merchant customer base, the number of people who have made purchases through its affiliated online network, topped 400,000 by the end of the first quarter.
On June 28, Merrill Lynch analyst Henry Blodget reiterated his "buy" recommendation on the stock, saying he expects to see excitement about the evolving wireless Internet accelerate during the second half of this year.
"We continue to believe InfoSpace is the best-positioned company to provide the ‘operating system’ for the Mobile Internet," Blodget wrote in a report.
The analysts liken InfoSpace’s prospects to those of Aether Systems Inc. {AETH}, which concentrates primarily on building wireless Internet applications for the financial services industry. Although Aether’s stock has fallen off its highs, it is still up quite substantially from its October 1999 IPO price of $16 a share.
"Aether is by far the premier wireless application service provider," Panigrahi says. "They started out with the finance industry and are now moving on to other verticals, such as supply-chain management and health care."
But Panigrahi adds that Aether’s big run-up leaves InfoSpace the more attractively priced stock right now.
Matt Finick, an analyst at Thomas Weisel Partners, in San Francisco, also has a "buy" rating on the stock, his firm’s second-highest recommendation. He says his confidence in the company is based on several factors, including what he says is an excellent management team and market positioning.
Finick says he suspects one reason the stock hasn`t rebounded as sharply as Aether’s over the past few weeks is related to the fact that many investors are apparently not yet aware of the successful transition the company is making from its now abandoned exclusive reliance on serving desktop Internet markets.
"Some people are worried over a slowdown in dot-com advertising and exposure in the desktop business," Finick says. "That’s creating a good buying opportunity."
Finick says the stock would carry his firm’s highest rating -- a "strong buy" -- were it not for overall market risk associated with the wireless sector.
"Valuations are still pretty high on the wireless infrastructure stocks," Finick adds. "A lot of people are waiting, looking to see more subscriber sign-up data, waiting for the numbers to come in. We’re going to need more [wireless] applications with real utility that add real value before we see the major inflection point. I think we’ll be seeing that inflection point, as part of the natural evolution with respect to the adaptation of these services. Long term, InfoSpace is a great company. Based on that, I think you buy."
Finick, like the other analysts backing the stock, say InfoSpace’s strength is a function of its well-established user base and its ability to provide clients with proven, popular content. He says the combination of the two allows the firm to use its knowledge and resources to build private-label branded site-specific wireless applications more quickly than most would-be competitors. The idea is that lessons InfoSpace learns from "mobilizing" one Web site can often be applied to other Web sites facing similar issues.
"The biggest asset InfoSpace has is having consolidated all this content and having the experience working with major carriers, such as AT&T Corp. {T}, to bring it to mobile platforms," agrees Tole Hart, a senior analyst at Dataquest, based in Stanford, Calif. "The content relationships they already have make it far easier for them to bring on key wireless carriers [as customers].
Charul Vyas, a research analyst with International Data Corp., based in Austin, Texas, notes that dozens of other companies, ranging from smaller firms such as privately held Anydevice.com Inc., which is based in Atlanta, to larger firms such as Oracle Corp. {ORCL}, are all hoping to crack the emerging
wireless-application enabling market.
"I’m not going to say that InfoSpace is the only company who can do this," Vyas says. "But InfoSpace does have a bigger sandbox in terms of the clients they work with, and they can leverage that."
Analysts expect to see the company post losses of 6 cents a share, according to First Call Corp.’s consensus estimate, when the company releases its second-quarter earnings next Wednesday at 4:15 p.m. EDT.
The firm beat First Call’s consensus earnings estimate for the first quarter quarter by 7 cents.
http://www.cnbc.com/commentary/commentary_full_story_stocks.…
Several leading analysts who follow wireless industry trends see major upside potential for InfoSpace Inc.’s {INSP} stock over the coming year, saying the company is emerging as a leading enabler of mobile, wireless-Internet applications.
"With wireless subscribers expected to exceed 1 billion worldwide by 2003, the convergence of wireless with the Internet has created extraordinary opportunities for wireless Internet infrastructure providers, such as INSP," wrote Prabhas Panigrahi, an analyst at Dresdner Kleinwort Benson in New York, in a short research note published earlier this month.
Panigrahi, who has a reputation for producing unusually detailed and persuasive research, plans to publish a more-comprehensive report supporting the stock later this month.
In the meantime, the analyst has initiated coverage of InfoSpace with a "buy" rating, his firm’s highest recommendation, and an estimated 12-month fair equity valuation, or price target, of $70 a share.
InfoSpace’s post-initial public offering stock chart has the typical dot-com
roller-coaster look and feel. One reason may be the fact that the company was first established as InfoSpace.com Inc. and only recently decided to drop the dot-com label in recognition of its move toward serving evolving
wireless-application markets.
But analysts say they like the synergy between the old InfoSpace.com and the newer, more wireless-oriented operation.
The company’s original mission involved providing unbranded directory, shopping and other content resources to leading Web sites such as America Online Inc. {AOL}, Lycos Inc. {LCOS}, Microsoft Corp.`s {MSFT} The Microsoft Network (MSN) and AOL’s Netscape, among many others.
More recently, the Bellevue, Wash.-based firm has capitalized on that role by providing the software infrastructure and expertise needed to build easy-to-use wireless applications designed for the next generation of wireless
Internet-access devices, such as cell phones and personal digital assistants.
What gets analysts excited are the deals InfoSpace has inked to build wireless applications, not only with many of the Web sites it already has relationships with, but also with leading wireless carriers such as AT&T Wireless Group {AWE}, SBC Communications Inc. {SBC} and Verizon Communications {VZ} (formerly Bell Atlantic). Taken together, the carriers InfoSpace works with control about 80 percent of the wireless subscriber market in the United States.
On the Web-site side, a recent industry survey shows that 3,000 of the world’s most-popular Web sites, which account for 90 percent of Internet traffic worldwide, are already using InfoSpace’s unbranded content and platform as part of their own online offerings, according to Dresdner Kleinwort Benson.
Meanwhile, InfoSpace’s merchant customer base, the number of people who have made purchases through its affiliated online network, topped 400,000 by the end of the first quarter.
On June 28, Merrill Lynch analyst Henry Blodget reiterated his "buy" recommendation on the stock, saying he expects to see excitement about the evolving wireless Internet accelerate during the second half of this year.
"We continue to believe InfoSpace is the best-positioned company to provide the ‘operating system’ for the Mobile Internet," Blodget wrote in a report.
The analysts liken InfoSpace’s prospects to those of Aether Systems Inc. {AETH}, which concentrates primarily on building wireless Internet applications for the financial services industry. Although Aether’s stock has fallen off its highs, it is still up quite substantially from its October 1999 IPO price of $16 a share.
"Aether is by far the premier wireless application service provider," Panigrahi says. "They started out with the finance industry and are now moving on to other verticals, such as supply-chain management and health care."
But Panigrahi adds that Aether’s big run-up leaves InfoSpace the more attractively priced stock right now.
Matt Finick, an analyst at Thomas Weisel Partners, in San Francisco, also has a "buy" rating on the stock, his firm’s second-highest recommendation. He says his confidence in the company is based on several factors, including what he says is an excellent management team and market positioning.
Finick says he suspects one reason the stock hasn`t rebounded as sharply as Aether’s over the past few weeks is related to the fact that many investors are apparently not yet aware of the successful transition the company is making from its now abandoned exclusive reliance on serving desktop Internet markets.
"Some people are worried over a slowdown in dot-com advertising and exposure in the desktop business," Finick says. "That’s creating a good buying opportunity."
Finick says the stock would carry his firm’s highest rating -- a "strong buy" -- were it not for overall market risk associated with the wireless sector.
"Valuations are still pretty high on the wireless infrastructure stocks," Finick adds. "A lot of people are waiting, looking to see more subscriber sign-up data, waiting for the numbers to come in. We’re going to need more [wireless] applications with real utility that add real value before we see the major inflection point. I think we’ll be seeing that inflection point, as part of the natural evolution with respect to the adaptation of these services. Long term, InfoSpace is a great company. Based on that, I think you buy."
Finick, like the other analysts backing the stock, say InfoSpace’s strength is a function of its well-established user base and its ability to provide clients with proven, popular content. He says the combination of the two allows the firm to use its knowledge and resources to build private-label branded site-specific wireless applications more quickly than most would-be competitors. The idea is that lessons InfoSpace learns from "mobilizing" one Web site can often be applied to other Web sites facing similar issues.
"The biggest asset InfoSpace has is having consolidated all this content and having the experience working with major carriers, such as AT&T Corp. {T}, to bring it to mobile platforms," agrees Tole Hart, a senior analyst at Dataquest, based in Stanford, Calif. "The content relationships they already have make it far easier for them to bring on key wireless carriers [as customers].
Charul Vyas, a research analyst with International Data Corp., based in Austin, Texas, notes that dozens of other companies, ranging from smaller firms such as privately held Anydevice.com Inc., which is based in Atlanta, to larger firms such as Oracle Corp. {ORCL}, are all hoping to crack the emerging
wireless-application enabling market.
"I’m not going to say that InfoSpace is the only company who can do this," Vyas says. "But InfoSpace does have a bigger sandbox in terms of the clients they work with, and they can leverage that."
Analysts expect to see the company post losses of 6 cents a share, according to First Call Corp.’s consensus estimate, when the company releases its second-quarter earnings next Wednesday at 4:15 p.m. EDT.
The firm beat First Call’s consensus earnings estimate for the first quarter quarter by 7 cents.
http://www.cnbc.com/commentary/commentary_full_story_stocks.…
BUY! BUY! BUY!
InfoSpace.com
InfoSpace.com, located in Redmond, Washington, supplies online content to more than 100 customers, including America Online and Microsoft. The company is best known for its national Yellow Pages and White Pages directories.
InfoSpace.com is a rare breed. It is a profitable Internet company. It has posted positive net income four quarters in a row.
Last quarter, InfoSpace.com beat estimates by seven cents, posting net income of $0.01 per share. Revenue soared 261% and operating costs rose only 64%. I was the only analyst on The Street that predicted InfoSpace.com would have a profitable quarter.
Nothing has changed. Not one analyst thinks InfoSpace.com is going to post a profit this quarter. The range is from a loss of $0.05 per share to a loss of $0.07 per share. But these analysts have been wrong for six straight quarters. Plus not one of the analysts expected InfoSpace.com to post a profit last quarter, and it did.
When will sell-side analysts ever learn? Probably not in my lifetime. InfoSpace.com is still a powerhouse in content delivery and nothing has changed much from last quarter. Look for InfoSpace.com to beat estimates, and for all the analysts to be hiding in doghouses after it does.
By Tom Byrne (7/22/00)
http://www.individualinvestor.com/tbd/article.asp?ID=22787&m…
InfoSpace.com
InfoSpace.com, located in Redmond, Washington, supplies online content to more than 100 customers, including America Online and Microsoft. The company is best known for its national Yellow Pages and White Pages directories.
InfoSpace.com is a rare breed. It is a profitable Internet company. It has posted positive net income four quarters in a row.
Last quarter, InfoSpace.com beat estimates by seven cents, posting net income of $0.01 per share. Revenue soared 261% and operating costs rose only 64%. I was the only analyst on The Street that predicted InfoSpace.com would have a profitable quarter.
Nothing has changed. Not one analyst thinks InfoSpace.com is going to post a profit this quarter. The range is from a loss of $0.05 per share to a loss of $0.07 per share. But these analysts have been wrong for six straight quarters. Plus not one of the analysts expected InfoSpace.com to post a profit last quarter, and it did.
When will sell-side analysts ever learn? Probably not in my lifetime. InfoSpace.com is still a powerhouse in content delivery and nothing has changed much from last quarter. Look for InfoSpace.com to beat estimates, and for all the analysts to be hiding in doghouses after it does.
By Tom Byrne (7/22/00)
http://www.individualinvestor.com/tbd/article.asp?ID=22787&m…
ON24`s Streaming Financial News and Information Now Integrated on InfoSpace`s Platform of Services
ON24`s Streaming News and Analysis Now Available to Consumers and Business Users Through InfoSpace`s Affiliate Network Made up of Leading Wireless Carriers and More Than 3000 Premier Web Sites
SAN FRANCISCO, July 24 /PRNewswire/ -- ON24, Inc. the fastest growing financial i-network, today announced that its content has been integrated and is now offered on the InfoSpace platform. InfoSpace (Nasdaq: INSP) is the leading provider of infrastructure services for wireless devices, merchants and Web sites. The partnership brings ON24`s original audio/video financial news and analysis to the vast network of wireless carriers, Web sites and service providers that offer InfoSpace-powered Internet services. InfoSpace`s affiliate network consists of leading carriers worldwide and more than 3000 premier Web sites that reach over 90 percent of all Internet users.
InfoSpace`s platform of services will now include ON24`s full editorial content such as, TalkOnStocks -- a daily talk show with guest analysts and CEOs, Full Disclosure -- a financial discussion forum, ON24 analyst roundtables, market analysis, IPO alerts, earning announcements, face-to-face interviews with top CEO`s, along with comprehensive coverage of financial and technology conferences. ON24 provides individual investors with a level of access to financial news and analysis previously available only to institutional investors.
"We are delighted to partner with InfoSpace because they have an unparalleled distribution network of leading carriers and premier Web sites," said Sharat Sharan, CEO of ON24. "We are pleased to be providing financial news to InfoSpace and their vast network of affiliates to give their customers the comprehensive financial news, opinion and analysis they demand."
"Integrating ON24`s streaming financial news into the InfoSpace platform is a natural fit as we continue to build the most integrated platform of services that enable users to communicate, access real-time information, conduct commerce and otherwise manage their lives from any device at any time," said Naveen Jain, chairman, InfoSpace.
With its unique "Personalcast" platform, ON24 gives investors the ability to customize portfolios of streaming broadcasts of news and expert opinion based on personal preference. A significant leap beyond the traditional model of broadcasting, Personalcast provides multiple perspectives on each story from analysts, news sources, CEOs, venture capitalists and industry insiders.
About ON24
The leading financial i-network for online investors, ON24`s programming is available free to more than 70 million users through its partnerships with some of the leading Web and financial portals, including Yahoo! Finance, AltaVista Money, Go2Net/Silicon Investor, SNAP, Quote.com/Lycos, InfoSpace.com, Thomson Financial, Briefing.com, EarthWeb, NewsAlert, Stockmaster, Comtex and a network of more than 600 partner sites. Based in San Francisco, the privately held company was founded in 1998. For free personalized financial broadcasts register for Personalcast(SM) at http://www.ON24.com .
ON24`s Streaming News and Analysis Now Available to Consumers and Business Users Through InfoSpace`s Affiliate Network Made up of Leading Wireless Carriers and More Than 3000 Premier Web Sites
SAN FRANCISCO, July 24 /PRNewswire/ -- ON24, Inc. the fastest growing financial i-network, today announced that its content has been integrated and is now offered on the InfoSpace platform. InfoSpace (Nasdaq: INSP) is the leading provider of infrastructure services for wireless devices, merchants and Web sites. The partnership brings ON24`s original audio/video financial news and analysis to the vast network of wireless carriers, Web sites and service providers that offer InfoSpace-powered Internet services. InfoSpace`s affiliate network consists of leading carriers worldwide and more than 3000 premier Web sites that reach over 90 percent of all Internet users.
InfoSpace`s platform of services will now include ON24`s full editorial content such as, TalkOnStocks -- a daily talk show with guest analysts and CEOs, Full Disclosure -- a financial discussion forum, ON24 analyst roundtables, market analysis, IPO alerts, earning announcements, face-to-face interviews with top CEO`s, along with comprehensive coverage of financial and technology conferences. ON24 provides individual investors with a level of access to financial news and analysis previously available only to institutional investors.
"We are delighted to partner with InfoSpace because they have an unparalleled distribution network of leading carriers and premier Web sites," said Sharat Sharan, CEO of ON24. "We are pleased to be providing financial news to InfoSpace and their vast network of affiliates to give their customers the comprehensive financial news, opinion and analysis they demand."
"Integrating ON24`s streaming financial news into the InfoSpace platform is a natural fit as we continue to build the most integrated platform of services that enable users to communicate, access real-time information, conduct commerce and otherwise manage their lives from any device at any time," said Naveen Jain, chairman, InfoSpace.
With its unique "Personalcast" platform, ON24 gives investors the ability to customize portfolios of streaming broadcasts of news and expert opinion based on personal preference. A significant leap beyond the traditional model of broadcasting, Personalcast provides multiple perspectives on each story from analysts, news sources, CEOs, venture capitalists and industry insiders.
About ON24
The leading financial i-network for online investors, ON24`s programming is available free to more than 70 million users through its partnerships with some of the leading Web and financial portals, including Yahoo! Finance, AltaVista Money, Go2Net/Silicon Investor, SNAP, Quote.com/Lycos, InfoSpace.com, Thomson Financial, Briefing.com, EarthWeb, NewsAlert, Stockmaster, Comtex and a network of more than 600 partner sites. Based in San Francisco, the privately held company was founded in 1998. For free personalized financial broadcasts register for Personalcast(SM) at http://www.ON24.com .
Monday July 24, 8:32 am Eastern Time
Company Press Release
SOURCE: InfoSpace, Inc.
InfoSpace To Launch New Universal E-Mail Service
That Aggregates E-Mail Accounts Such As Yahoo! Mail, AOL Mail,
HotMail And Any Corporate POP3 Account In One Place On Cellular
Phones And Other Devices
New Service Enabling Anytime Anywhere Access to All E-Mail Accounts Will Be Integrated Into
InfoSpace`s Comprehensive Wireless Internet Platform of Data and Transaction Services That
Provide the Solution for Leading Carriers Such as Verizon and AT&T
BELLEVUE, Wash., July 24 /PRNewswire/ -- InfoSpace, Inc. (Nasdaq: INSP - news), a leading provider of infrastructure
services for wireless devices, merchants and Web sites, today announced it will launch a new product that will enable users to
consolidate, access and manage e-mail accounts from providers such as Yahoo! Mail, AOL Mail, Microsoft HotMail and any
corporate POP3 e-mail account using one universal ID and password. The new service will not only give mobile device users
the freedom to communicate and be productive anytime anywhere with a single click of a button, but will also allow them to
access and manage multiple business and personal e-mail accounts in one place at one time. This service will be integrated into
InfoSpace`s leading platform of wireless data and transaction services that is already being used by leading carriers such as
Verizon and AT&T.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000420/INFOLOGO)
``We`ve found that users usually have more than one e-mail account from different providers such as Hotmail for personal
accounts and corporate e-mail for business related communications,`` said Naveen Jain, chairman, InfoSpace. ``We will enable
those users to access e-mail from multiple providers in one single place on their mobile devices eliminating the need to access
their e-mail providers directly at all.``
``Today`s wireless carriers are desperately looking for ways to roll out mobile Internet services without reducing themselves to
a pipe connecting their subscribers to e-mail and information services offered under another company`s brand,`` said Arun
Sarin, CEO, InfoSpace. ``The InfoSpace platform not only offers breakthrough technology that enables users to access POP3
corporate e-mail account as well as popular Web-based e-mail services such as Yahoo! Mail and HotMail in one place, but it
enables carriers to offer this service under their own name, increasing subscriber loyalty and building their brand.``
Company Press Release
SOURCE: InfoSpace, Inc.
InfoSpace To Launch New Universal E-Mail Service
That Aggregates E-Mail Accounts Such As Yahoo! Mail, AOL Mail,
HotMail And Any Corporate POP3 Account In One Place On Cellular
Phones And Other Devices
New Service Enabling Anytime Anywhere Access to All E-Mail Accounts Will Be Integrated Into
InfoSpace`s Comprehensive Wireless Internet Platform of Data and Transaction Services That
Provide the Solution for Leading Carriers Such as Verizon and AT&T
BELLEVUE, Wash., July 24 /PRNewswire/ -- InfoSpace, Inc. (Nasdaq: INSP - news), a leading provider of infrastructure
services for wireless devices, merchants and Web sites, today announced it will launch a new product that will enable users to
consolidate, access and manage e-mail accounts from providers such as Yahoo! Mail, AOL Mail, Microsoft HotMail and any
corporate POP3 e-mail account using one universal ID and password. The new service will not only give mobile device users
the freedom to communicate and be productive anytime anywhere with a single click of a button, but will also allow them to
access and manage multiple business and personal e-mail accounts in one place at one time. This service will be integrated into
InfoSpace`s leading platform of wireless data and transaction services that is already being used by leading carriers such as
Verizon and AT&T.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000420/INFOLOGO)
``We`ve found that users usually have more than one e-mail account from different providers such as Hotmail for personal
accounts and corporate e-mail for business related communications,`` said Naveen Jain, chairman, InfoSpace. ``We will enable
those users to access e-mail from multiple providers in one single place on their mobile devices eliminating the need to access
their e-mail providers directly at all.``
``Today`s wireless carriers are desperately looking for ways to roll out mobile Internet services without reducing themselves to
a pipe connecting their subscribers to e-mail and information services offered under another company`s brand,`` said Arun
Sarin, CEO, InfoSpace. ``The InfoSpace platform not only offers breakthrough technology that enables users to access POP3
corporate e-mail account as well as popular Web-based e-mail services such as Yahoo! Mail and HotMail in one place, but it
enables carriers to offer this service under their own name, increasing subscriber loyalty and building their brand.``
irgendwie möchte sich trotz nachrichten keiner vor den zahlen engagieren hab ich so das gefühl... -1% im moment.
gruß
V.C.
gruß
V.C.
Naja, zumindest gibt´s dann keine Sell on good News...haha, ich hoffe nicht, das sich da was an schlechten Zahlen anbahnt....wollen wir das Beste hoffen...
Grüße AL
Grüße AL
Eigentlich die besten Informationen,aber es geht nur bergab.Hoffentlich sind die Zahlen einigermaßen im Rahmen
sonst seh ich schwarz bis Oktober.was meint Ihr kann Infospace sich für die Zukunft etablieren oder können
sich so viele Analysten irren.Wo ist unser Grandmaster Zuendi,weisst Du etwas mehr wie wir über die Zahlen am mittwoch?
Good Luck
Talker
sonst seh ich schwarz bis Oktober.was meint Ihr kann Infospace sich für die Zukunft etablieren oder können
sich so viele Analysten irren.Wo ist unser Grandmaster Zuendi,weisst Du etwas mehr wie wir über die Zahlen am mittwoch?
Good Luck
Talker
!
Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de
InfoSpace Rounds Up Far-Flung E-mail, Financial Services
InfoSpace Inc., a company whose information services backstop many Web portals and wireless carriers, says it will offer mobile Internet users one-stop access to multiple e-mail accounts and to online personal financial information.
The new services, which the company sells to wireless carriers and vendors of mobile devices, rather than to consumers directly, can consolidate information that might usually take time-strapped mobile workers a number of online stops, InfoSpace spokeswoman Joni Hanson told Newsbytes.
The company`s financial services offering aggregates account information from multiple institutions - such as bank accounts, bills, credit cards, investments and loans.
The electronic mail-taming technology manages e-mail accounts from any number of POP3 services - such as a mobile worker`s corporate office - and from Web-based providers like Yahoo Mail, AOL Mail, and Microsoft`s HotMail.
Hanson said subscribers would initiate the services by creating customer profiles detailing financial or e-mail accounts and access information. Afterwards, the consolidated information would be available to users with a single log-in to the InfoSpace service.
Arun Sarin, chief executive officer of InfoSpace, said the new services will allow its customers to maintain a higher profile even as their subscribers interact with third parties like the financial institutions and e-mail providers.
"Today`s wireless carriers are desperately looking for ways to roll out mobile Internet services without reducing themselves to a pipe connecting their subscribers to e-mail and information services offered under another company`s brand," Sarin said.
Hanson said the basic functionality of the account-aggregation services doesn`t require partnerships with the financial institutions or e-mail providers to make it work.
However, she said the company is working to expand its relationships with such players so that its system can become better integrated and so offer enhanced services.
InfoSpace is scheduled to announce earnings for its most-recent quarter Wednesday.
InfoSpace Inc., a company whose information services backstop many Web portals and wireless carriers, says it will offer mobile Internet users one-stop access to multiple e-mail accounts and to online personal financial information.
The new services, which the company sells to wireless carriers and vendors of mobile devices, rather than to consumers directly, can consolidate information that might usually take time-strapped mobile workers a number of online stops, InfoSpace spokeswoman Joni Hanson told Newsbytes.
The company`s financial services offering aggregates account information from multiple institutions - such as bank accounts, bills, credit cards, investments and loans.
The electronic mail-taming technology manages e-mail accounts from any number of POP3 services - such as a mobile worker`s corporate office - and from Web-based providers like Yahoo Mail, AOL Mail, and Microsoft`s HotMail.
Hanson said subscribers would initiate the services by creating customer profiles detailing financial or e-mail accounts and access information. Afterwards, the consolidated information would be available to users with a single log-in to the InfoSpace service.
Arun Sarin, chief executive officer of InfoSpace, said the new services will allow its customers to maintain a higher profile even as their subscribers interact with third parties like the financial institutions and e-mail providers.
"Today`s wireless carriers are desperately looking for ways to roll out mobile Internet services without reducing themselves to a pipe connecting their subscribers to e-mail and information services offered under another company`s brand," Sarin said.
Hanson said the basic functionality of the account-aggregation services doesn`t require partnerships with the financial institutions or e-mail providers to make it work.
However, she said the company is working to expand its relationships with such players so that its system can become better integrated and so offer enhanced services.
InfoSpace is scheduled to announce earnings for its most-recent quarter Wednesday.
SBC Wireless Selects InfoSpace Platform to Launch Comprehensive Suite Of Next-Generation Wireless Internet Services
Enhanced SBC Wireless Services to Begin Roll-Out By Fourth Quarter 2000
SAN ANTONIO, July 25 /PRNewswire/ -- SBC Wireless, a leader in global communications, and InfoSpace (Nasdaq: INSP), a leading global provider of information and commerce infrastructure services for wireless devices, merchants and Web sites, today announced that SBC has selected InfoSpace`s platform for the national roll-out of its mobile Internet services.
SBC Wireless` new mobile Internet services will be widely available to customers in the fourth quarter of this year, and will be available across six SBC Wireless brands: Southwestern Bell Wireless, Ameritech Cellular(1), Pacific Bell Wireless, Nevada Bell Wireless, Cellular One(2) and SNET.
The selection of InfoSpace`s wireless Internet platform represents a key component for SBC Wireless in delivering wireless data services to its customers.
"Our goal in offering mobile data is to provide the information from the Internet that people want and need when they`re mobile," said Stephen Carter, president and CEO of SBC Wireless. "The InfoSpace platform will help us create the `face` that our customers will see when they use their wireless phones to access information."
The wireless data services will provide an added avenue for SBC Wireless subscribers to communicate and access information which will help them manage their busy lives. Specifically, the InfoSpace platform will include services that enable SBC Wireless subscribers:
-- to send messages from any device to any capable device using messaging
and email;
-- to access personal information services such as an address book,
calendar and to-do list; and
-- to access personalized and/or location-based information that they
want, including weather, stock reports, and news and sports updates.
In addition, SBC Wireless customers will have the ability to access and personalize all of these services through their desktop computers using the same portal and their own password protected Web site.
"Our agreement with SBC Wireless is further proof that we have the most compelling platform in the market and that our unique, `single-click away` services are most conducive to how people will conduct transactions on these devices," said Naveen Jain, chairman and chief strategist of InfoSpace. "SBC Wireless is now able to launch an entire platform for the Wireless Internet under its own brand name and to offer these unique services to their extensive base of subscribers."
Enhanced SBC Wireless Services to Begin Roll-Out By Fourth Quarter 2000
SAN ANTONIO, July 25 /PRNewswire/ -- SBC Wireless, a leader in global communications, and InfoSpace (Nasdaq: INSP), a leading global provider of information and commerce infrastructure services for wireless devices, merchants and Web sites, today announced that SBC has selected InfoSpace`s platform for the national roll-out of its mobile Internet services.
SBC Wireless` new mobile Internet services will be widely available to customers in the fourth quarter of this year, and will be available across six SBC Wireless brands: Southwestern Bell Wireless, Ameritech Cellular(1), Pacific Bell Wireless, Nevada Bell Wireless, Cellular One(2) and SNET.
The selection of InfoSpace`s wireless Internet platform represents a key component for SBC Wireless in delivering wireless data services to its customers.
"Our goal in offering mobile data is to provide the information from the Internet that people want and need when they`re mobile," said Stephen Carter, president and CEO of SBC Wireless. "The InfoSpace platform will help us create the `face` that our customers will see when they use their wireless phones to access information."
The wireless data services will provide an added avenue for SBC Wireless subscribers to communicate and access information which will help them manage their busy lives. Specifically, the InfoSpace platform will include services that enable SBC Wireless subscribers:
-- to send messages from any device to any capable device using messaging
and email;
-- to access personal information services such as an address book,
calendar and to-do list; and
-- to access personalized and/or location-based information that they
want, including weather, stock reports, and news and sports updates.
In addition, SBC Wireless customers will have the ability to access and personalize all of these services through their desktop computers using the same portal and their own password protected Web site.
"Our agreement with SBC Wireless is further proof that we have the most compelling platform in the market and that our unique, `single-click away` services are most conducive to how people will conduct transactions on these devices," said Naveen Jain, chairman and chief strategist of InfoSpace. "SBC Wireless is now able to launch an entire platform for the Wireless Internet under its own brand name and to offer these unique services to their extensive base of subscribers."
Geile news zuendi!
Jetzt fehlen nur noch geniale Zahlen heute abend!
Bin bester Hoffnung!
Jetzt fehlen nur noch geniale Zahlen heute abend!
Bin bester Hoffnung!
Hallo zuendi,
hab eben auf der infospace-Seie gesehen, dass es eine Übertragung der
Zahlenbekanntgabe gibt. Kenne mich jedoch mit pm und am nicht so aus.
Kannst Du mir verraten um wieviel Uhr deutscher Zeit die Übertragung startet?
hab eben auf der infospace-Seie gesehen, dass es eine Übertragung der
Zahlenbekanntgabe gibt. Kenne mich jedoch mit pm und am nicht so aus.
Kannst Du mir verraten um wieviel Uhr deutscher Zeit die Übertragung startet?
Hy Oasis Zündie scheint zur Zeit alle Hände voll mit Mittagessen zu haben(kein Vorwurf der arme Kerl kann ja nich den ganzen Tag nonstop dies Forum bewachen)
also die Zahlen kommen um 13.15 Ortszeit (1.15 p.m. pats - nach midday-mittag)das dürfte dann so gegen 19.15 bei uns sein wenn ich mich nicht vertuhe, so und um 20.00 folgt dann Pressekonferrenz zu den Quartals....also ab 19.55 schon mal warmlaufen lassen und der Technik vertrauen, obwohl ich glaube kaum das die Jungs sich da ne Blöse geben!!!!
cu
also die Zahlen kommen um 13.15 Ortszeit (1.15 p.m. pats - nach midday-mittag)das dürfte dann so gegen 19.15 bei uns sein wenn ich mich nicht vertuhe, so und um 20.00 folgt dann Pressekonferrenz zu den Quartals....also ab 19.55 schon mal warmlaufen lassen und der Technik vertrauen, obwohl ich glaube kaum das die Jungs sich da ne Blöse geben!!!!
cu
Danke mike!
Hallo Mike23
Hallo Oasis
ich denke die Zahlen kommen um 1:15 pm PT! d.h. Pacific time (wo auch Belveau liegt) das wäre also nach Marktschluß am Nasdaq
und gegen 22:15 Uhr MEZ! Oder? Die Nasdaq ist "eastern Time"
Bitte korregiert mich, wenn ich walsch liege!
Mfg
Kleiner Tiger
Hallo Oasis
ich denke die Zahlen kommen um 1:15 pm PT! d.h. Pacific time (wo auch Belveau liegt) das wäre also nach Marktschluß am Nasdaq
und gegen 22:15 Uhr MEZ! Oder? Die Nasdaq ist "eastern Time"
Bitte korregiert mich, wenn ich walsch liege!
Mfg
Kleiner Tiger
Hy Kleiner Tiger
muß ich zugeben hast Recht hab ich übersehen
aber einer mußte sich ja mal aus dem Fenster lehnen .....
cu
muß ich zugeben hast Recht hab ich übersehen
aber einer mußte sich ja mal aus dem Fenster lehnen .....
cu
is WO was langsam heute oder wieg der Thread schon wieder so schwer das es fast 26 sek (trotz oder wegen ISDN)dauert bis vollständig geladen???
hatte mich selbst in Zweifel gestellt als ich drüber nachdachte das das ja noch während der Session is ...gut das immer einer Aufpast.....
also was länger wachbleiben und dann um 23.00 Uhr den Real Player ankurbeln...hoffentlich wirds auch interessant....
cu
hatte mich selbst in Zweifel gestellt als ich drüber nachdachte das das ja noch während der Session is ...gut das immer einer Aufpast.....
also was länger wachbleiben und dann um 23.00 Uhr den Real Player ankurbeln...hoffentlich wirds auch interessant....
cu
interessant wirds allemal. z.b. ob die wireless umsätze sich schon bemerkbar machen, oder ob die zahlen gut genug sind, um sich dem schwachen markt kursmäßig widersetzen zu können.
bin schon richtig nervös...
gruß
V.C.
bin schon richtig nervös...
gruß
V.C.
ich auch, V.C.
Aber wenn es stimmt, dass vergangenes Verhalten der beste Prädiktor für zukünftiges Verhalten ist, dann wird Jain wieder die Erwartungen toppen *g* We`ll see ...
be INSPired
internetti
Aber wenn es stimmt, dass vergangenes Verhalten der beste Prädiktor für zukünftiges Verhalten ist, dann wird Jain wieder die Erwartungen toppen *g* We`ll see ...
be INSPired
internetti
Hallo zusammen!
Weiss vielleicht einer von euch, wie hoch die Flüsterschätzung für`s 2.Quartal ist? Kann die nämlich nirgends finden.
Im übrigen will ich euch an dieser Stelle mal Loben: derInfospace-thread ist zwar schon recht lang, dafür aber super informativ! Wäre echt Schade, wenn er bald "aussterben" würde!
Danke schon mal für eure Infos!
Spalter
Weiss vielleicht einer von euch, wie hoch die Flüsterschätzung für`s 2.Quartal ist? Kann die nämlich nirgends finden.
Im übrigen will ich euch an dieser Stelle mal Loben: derInfospace-thread ist zwar schon recht lang, dafür aber super informativ! Wäre echt Schade, wenn er bald "aussterben" würde!
Danke schon mal für eure Infos!
Spalter
ich glaube whisper -0.01 USD, konsens -0.05. correkt?
Gruß
internetti
Gruß
internetti
Wo steckt denn zuendi (in so einem moment... ) ???
Abgesehen von den whispers, was glaubt ihr denn selbst, was rauskommt?
ich fang mal an:
umsatz 23 - 23,5 mio
gewinn + (!) 0,01 dollar per share.
hold long and strong.
f.d.
ps: cmtn passt gut in ein portfolio, in dem insp schon drin ist... gell vc.
Abgesehen von den whispers, was glaubt ihr denn selbst, was rauskommt?
ich fang mal an:
umsatz 23 - 23,5 mio
gewinn + (!) 0,01 dollar per share.
hold long and strong.
f.d.
ps: cmtn passt gut in ein portfolio, in dem insp schon drin ist... gell vc.
Ohne Worte
26.7.00:
InfoSpace - Strong Buy
Big customer win reaffirms carrier traction. Signed agreement with SBC to license its hosted platform of end-user portal services for SBC`s wireless subscribers (16MM starting in Q4). Deal represents further mkt acceptance of INSP platform for wireless carriers to offer differentiated, personalized portal svcs to their customers. INSP has signed licensing agreements with carriers representing 80%+ of addressable wireless mkt in U.S. (Sprint & Nextel two exceptions). Price target $155. Mkt cap $10B. INSP $47
http://www.cnetinvestor.com/yahoonews/newsitem-yahoo.asp?SYM…
26.7.00:
InfoSpace - Strong Buy
Big customer win reaffirms carrier traction. Signed agreement with SBC to license its hosted platform of end-user portal services for SBC`s wireless subscribers (16MM starting in Q4). Deal represents further mkt acceptance of INSP platform for wireless carriers to offer differentiated, personalized portal svcs to their customers. INSP has signed licensing agreements with carriers representing 80%+ of addressable wireless mkt in U.S. (Sprint & Nextel two exceptions). Price target $155. Mkt cap $10B. INSP $47
http://www.cnetinvestor.com/yahoonews/newsitem-yahoo.asp?SYM…
keine angst, bin noch da...
zündi
PS: beat the street
zündi
PS: beat the street
Hallo Spacies
Verfolge den Thread schon `ne ganze Zeit, bin nur noch nie eingestiegen. Good news: Infospace steht 3.01pm(nasdaq) auf
+4,72%))))))))))))))) Quelle:www.infospace.com(realtime)
Auf welcher Seite werdet Ihr das Feuerwerk beobachten?
Verfolge den Thread schon `ne ganze Zeit, bin nur noch nie eingestiegen. Good news: Infospace steht 3.01pm(nasdaq) auf
+4,72%))))))))))))))) Quelle:www.infospace.com(realtime)
Auf welcher Seite werdet Ihr das Feuerwerk beobachten?
Nachbörslicher Kurs......
http://gritch.island.com/SERVICE/QUOTE?STOCK=INSP
mal sehen wer als erstes die "echten" Zahlen postet
cu
http://gritch.island.com/SERVICE/QUOTE?STOCK=INSP
mal sehen wer als erstes die "echten" Zahlen postet
cu
nachbörslich bei island nach wie vor 48$
Jetzt muß es aber gleich soweit sein!!!!!!!!!!
Jetzt muß es aber gleich soweit sein!!!!!!!!!!
INFOSPACE , GO2NET SAY TO MERGE
This is a headline only; an actual article will follow.
http://quotes.freerealtime.com/rt/frt/news?symbol=INSP&art=R…
This is a headline only; an actual article will follow.
http://quotes.freerealtime.com/rt/frt/news?symbol=INSP&art=R…
INFOSPACE SAYS TO ISSUE 1.82 INFOSPACE COMMON SHRS FOR
EACH GO2NET SHR
http://quotes.freerealtime.com/rt/frt/news?symbol=INSP&art=R…
EACH GO2NET SHR
http://quotes.freerealtime.com/rt/frt/news?symbol=INSP&art=R…
INFOSPACE Q2 PROFORMA NET LOSS $0.01 VS $0.02
This is a headline only; an actual article will follow.
http://quotes.freerealtime.com/rt/frt/news?symbol=INSP&art=R…
erster
This is a headline only; an actual article will follow.
http://quotes.freerealtime.com/rt/frt/news?symbol=INSP&art=R…
erster
GO2Net
bis zum vierten Quartal übernommen werden......hört sich doch schonmal garnicht so schlecht an
bis zum vierten Quartal übernommen werden......hört sich doch schonmal garnicht so schlecht an
Aber wo bleiben die Zahlen?
Wednesday, July 26, 2000
Infospace to grab Go2Net
--4:59 pm - By August Cole
SEATTLE (CBS.MW) -- Infospace reported a second-quarter loss that surpassed Wall Street expectations and announced it will acquire Seattle-based content and commerce giant Go2Net. Infospace said it will issue 1.82 shares for each share of Seattle-based Go2net (GNET: news, msgs), the companies said. On the earnings front, Infospace (INSP: news, msgs) reported a loss of 1 cents a share vs. a loss of 2 cents in the year-ago quarter. Revenue at Bellevue, Wash.-based Infospace.com rose to $24.6 million. A consensus of analysts surveyed by First Call forecasted a loss of 6 cents a share for Infospace. The boards of both companies have approved the deal, according to a press release.
Infospace to grab Go2Net
--4:59 pm - By August Cole
SEATTLE (CBS.MW) -- Infospace reported a second-quarter loss that surpassed Wall Street expectations and announced it will acquire Seattle-based content and commerce giant Go2Net. Infospace said it will issue 1.82 shares for each share of Seattle-based Go2net (GNET: news, msgs), the companies said. On the earnings front, Infospace (INSP: news, msgs) reported a loss of 1 cents a share vs. a loss of 2 cents in the year-ago quarter. Revenue at Bellevue, Wash.-based Infospace.com rose to $24.6 million. A consensus of analysts surveyed by First Call forecasted a loss of 6 cents a share for Infospace. The boards of both companies have approved the deal, according to a press release.
Hier nun also Schwarz auf Weiß direkt von der Website von Infospace:
BELLEVUE, Wash., July 26 /PRNewswire/ -- InfoSpace, Inc. (Nasdaq: INSP), a
leading global provider of infrastructure services for wireless devices,
merchants and Web sites, today announced second quarter results.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000420/INFOLOGO )
Financial highlights:
-- Revenues grow three-fold to $24.6 million
-- Committed revenue backlog increases to $98 million for the next four
quarters
-- Transaction, subscription and commerce represent 90% of total revenues
-- Early indications for wireless Internet subscriber growth rates
exceeding all expectations
-- 88% wireless carrier market share in the United States
-- Creating the first global infrastructure company that delivers the
services that are fundamentally changing how people around the world
communicate, access information, conduct commerce and manage their
lives across rapidly converging media platforms such as wireless, DSL
and broadband
InfoSpace announced revenues soared to $24.6 million due to strong growth
in its wireless, merchant and consumer areas with wireless revenues growing
more than 100%. This is a 252% increase from revenues of $6.98 million in the
comparable quarter of 1999. Pro forma net loss for the quarter was $3.3
million or a loss of ($0.01) per share compared to a pro forma net loss of
($0.02) per share for the same period last year.
Besser als die Analysten erwarten hatte, aber auch schlechter als die Flüsterschätzungen ...
BELLEVUE, Wash., July 26 /PRNewswire/ -- InfoSpace, Inc. (Nasdaq: INSP), a
leading global provider of infrastructure services for wireless devices,
merchants and Web sites, today announced second quarter results.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000420/INFOLOGO )
Financial highlights:
-- Revenues grow three-fold to $24.6 million
-- Committed revenue backlog increases to $98 million for the next four
quarters
-- Transaction, subscription and commerce represent 90% of total revenues
-- Early indications for wireless Internet subscriber growth rates
exceeding all expectations
-- 88% wireless carrier market share in the United States
-- Creating the first global infrastructure company that delivers the
services that are fundamentally changing how people around the world
communicate, access information, conduct commerce and manage their
lives across rapidly converging media platforms such as wireless, DSL
and broadband
InfoSpace announced revenues soared to $24.6 million due to strong growth
in its wireless, merchant and consumer areas with wireless revenues growing
more than 100%. This is a 252% increase from revenues of $6.98 million in the
comparable quarter of 1999. Pro forma net loss for the quarter was $3.3
million or a loss of ($0.01) per share compared to a pro forma net loss of
($0.02) per share for the same period last year.
Besser als die Analysten erwarten hatte, aber auch schlechter als die Flüsterschätzungen ...
Wie du willst:
InfoSpace Reports Record Second Quarter Results And Announces Plans To Acquire Leading Broadband Infrastructure Company Go2Net
BELLEVUE, Wash., July 26 /PRNewswire/ -- InfoSpace, Inc. (Nasdaq: INSP - news), a leading global provider of infrastructure services for wireless devices, merchants and Web sites, today announced second quarter results.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000420/INFOLOGO )
Financial highlights:
Revenues grow three-fold to $24.6 million
Committed revenue backlog increases to $98 million for the next four
quarters
Transaction, subscription and commerce represent 90% of total revenues
Early indications for wireless Internet subscriber growth rates exceeding all expectations
88% wireless carrier market share in the United States
Creating the first global infrastructure company that delivers the services that are fundamentally changing how people around the world communicate, access information, conduct commerce and manage their lives across rapidly converging media platforms such as wireless, DSL and broadband
InfoSpace announced revenues soared to $24.6 million due to strong growth in its wireless, merchant and consumer areas with wireless revenues growing more than 100%. This is a 252% increase from revenues of $6.98 million in the comparable quarter of 1999. Pro forma net loss for the quarter was $3.3 million or a loss of ($0.01) per share compared to a pro forma net loss of ($0.02) per share for the same period last year.
This transaction brings together two infrastructure leaders whose services enable their partners to create a unified experience for consumers to conduct commerce, access information, communicate and manage their lives across all platforms and provides the applications and technologies to take merchants through the entire lifecycle of commerce on any device.
``Today marks another historic milestone in the history of the rapid evolution of InfoSpace,`` said Arun Sarin, CEO, InfoSpace. ``InfoSpace turns in another record quarter of rapid growth and announces the merging of two powerful entities to create the premier global company delivering the services that are fundamentally changing how people around the world communicate, access information, conduct commerce and manage their lives across rapidly converging media platforms such as wireless, DSL and broadband.``
Wireless Services
Wireless continues to be the biggest opportunity and fastest growing area for InfoSpace. Today, there are more than 400 million wireless subscribers worldwide and that number is projected to grow 30-40% each year. Nokia and Ericsson have both projected that there will be one billion cellular phones worldwide by 2003. Jupiter predicts that by the same year, more people will access the Internet on wireless devices than on PCs.
InfoSpace continues to be the platform of choice for more than 20 wireless carriers worldwide. In the United States, InfoSpace has access to 88% of wireless subscribers today through its relationships that include 4 of the top 5 carriers: Verizon, AT&T, SBC and ALLTEL.
Most recently, InfoSpace announced that SBC, the second largest carrier in the U.S. with more than 17 million subscribers, selected its platform for the national roll-out of its mobile Internet services. SBC Wireless` new mobile Internet services will be widely available to customers in the fourth quarter of this year, and will be available across six SBC Wireless brands: Southwestern Bell Wireless, Ameritech Cellular, Pacific Bell Wireless, Nevada Bell Wireless, Cellular One and SNET.
In June, InfoSpace signed and launched ALLTEL Wireless, one of the top 5 carriers in the U.S. with close to 6 million subscribers, providing the solution for ALLTEL`s national wireless Internet initiative. Wireless users will receive tightly integrated services such as m-commerce, or wireless shopping, location-based services, personal information manager (PIM) applications such as address book and calendar and communication services such as messaging directly on their cellular phones.
In May, InfoSpace signed and launched VoiceStream Wireless to its more than 2.29 million subscribers. InfoSpace is providing the solution for VoiceStream`s wireless Internet services and their `personal portal` called MyVoiceStream.com. Using InfoSpace`s unique wireless Internet platform, the portal is customized to VoiceStream`s needs and allows their customers to choose personalized, specific information and be able to conduct commerce all from their wireless phone. The branding of MyVoiceStream.com is controlled completely by VoiceStream.
InfoSpace is also experiencing rapid adoption of its mobile commerce solution. Most recently, InfoSpace announced that AT&T Wireless will be the first to launch its mobile commerce solution enabling subscribers to electronically receive promotions from online and offline merchants on their cellular phones that can be used online or offline at a physical store. AT&T, in conjunction with InfoSpace, is leading the way in the world of mobile commerce by being the first to provide their users with unique and valuable new commerce services such as promotions, while helping facilitate transactions that will result in new commerce revenue streams.
InfoSpace continues to aggressively expand its footprint in Europe, Asia and South America. In May, the Company announced its entry into the Latin American market with access today to all Brazilian carriers representing more than 16 million wireless subscribers. Through an agreement with Telesystem International Wireless (TIW), InfoSpace`s platform of integrated wireless Internet services will be exclusively offered to all Brazilian cellular operators and Internet Service Providers enabling them to deliver comprehensive and personalized wireless Internet services to their subscribers on their mobile devices.
To date, InfoSpace has successfully deployed the platform of services for nine carriers including:
Verizon
AT&T
ALLTEL
VoiceStream
AirTouch
GTE
Austrian carrier ONE
Vodafone Australia
QWest (formerly US West)
InfoSpace continues to innovate and develop new products and services as part of its integrated platform. Most recently, InfoSpace announced its plans to launch two new services that will make it easy for subscribers to manage their personal accounts from any device including the ability to consolidate, access and manage e-mail accounts from providers such as Yahoo! Mail, AOL Mail, Microsoft Hotmail and any corporate POP3 e-mail account using one universal ID and password. The new service will not only give mobile device users the freedom to communicate and be productive anytime anywhere with a single click of a button, but will also allow them to access and manage multiple business and personal e-mail accounts in one place at one time.
In addition, InfoSpace announced its plans to launch a new mobile banking service to enable the management of multiple financial accounts from one place on cellular phones and PDA`s. From any device, users will have access to a consolidated view of all their personal financial information from multiple institutions -- such as bank accounts, bills, credit cards, investments and loans -- in one place, using one secure ID and password.
These new services will be integrated into InfoSpace`s comprehensive wireless Internet platform that offers tightly integrated suite of services across any device, any platform and any standard. These services include:
Commerce services such as making an instant purchase with a single click, the electronic delivery of promotions that can be used online or offline and the ability to search for products using standards-based codes, including bar codes.
Communication services such as device-independent e-mail and instant messaging.
Productivity applications such as address book, calendar and `to do` lists.
Personal account management such as e-mail and account aggregation.
Transaction services such as transferring funds from one account to another.
Location-based services such as finding the nearest ATM or restaurant.
Information services such as business finder, movie listings, directories, stock quotes.
Real-time alerts such as traffic reports, auction bids and stock alerts.
Security services such as personal authentication for secure transactions.
InfoSpace`s platform offers innovative and unique services that are helping to turn every mobile device into a true transaction device. This includes the ability to make instant purchases with a single click from virtually any Web site. This patent-pending server-based technology automatically fills in Web site payment forms, eliminating the need to enter in payment or shipping information, register at sites or enter any site- specific passwords from the device.
InfoSpace also enables mobile users to find and receive promotions on wireless devices from retailers and service-based merchants, such as dry cleaners and restaurants, that can be used online and offline. To take advantage of the promotion, the user can purchase the goods online, through a catalog, go to the retail store or simply utilize the service. Using this technology, promotions are seamlessly matched and automatically credited to the user`s credit card statement through secure back-end transaction processing.
InfoSpace also offers a new mobile commerce service that allows wireless shoppers or the traditional store shopper to enter anything that is known about an item- such as model number, part number, barcode, international standard book number (ISBN), product name or even scan in a UPC code -- to uniquely and most accurately locate a product, comparison shop and purchase ``when they want, where they want and how they want`` with a single click via cellular phones, land-line telephones, CE or palm devices, two-way pagers and standard browsers.
InfoSpace has also announced that OmniSky has selected its platform to launch next generation mobile services for PDAs. Palm Pilot users who purchase a wireless modem and service from OmniSky will now have the ability to access a wide range of new services that will change the way they shop, communicate, access information and otherwise manage their lives.
Merchant Services
InfoSpace continues to make significant progress in executing its strategy to provide the most integrated and comprehensive merchant platform that is merging the online and offline world of commerce and creating the largest network connecting merchants and consumers.
The local commerce opportunity is huge. According to the Kelsey Group, $3.7 trillion is transacted through the 10 million local merchants in the United States alone. These merchants spend at least $200 billion annually on promotions and Web-related activities.
InfoSpace`s merchant network is built through partnerships with all of the regional bell operating companies (RBOCs) that are subsidiaries of Qwest, BellSouth, SBC and Verizon, merchant banks such as American Express and Bank of America and other local media networks such as newspapers, television stations and radio stations.
InfoSpace`s national and local merchant network now consists of more than 600,000 local and national merchants, up more than 50% from the 400,000 merchants reported last quarter.
InfoSpace`s merchant services enable local merchants to reach consumers wherever they may be whether that shopping on mobile devices, at home on their PC or soon, in front of their television. InfoSpace offers several unique services, such as the delivery of electronic promotions that can be used online or offline in a physical store, making an instant purchase with a single click and the ability to buy multiple products from multiple merchants with a single universal shopping cart.
Using InfoSpace`s services, local merchants are able to promote their products and services across InfoSpace`s extensive affiliate network of more than 3,100 Web sites including AOL and MSN, and more than 20 wireless carrier partners including Verizon Wireless and AT&T Wireless creating the broadest reach to consumers available today.
Consumer Services
Momentum continues to be strong for InfoSpace`s consumer services. During the quarter, the Company announced several new and expanded agreements.
InfoSpace announced its first entry into the Chinese market through an agreement with Unicom Media, a division of China Unicom, one of China`s largest telecommunications companies, to provide the full platform of infrastructure services that is the solution for their Internet initiatives throughout China.
With the addition of new partners such as Unicom Media, InfoSpace`s affiliate network has grown from 3,000 to 3,100 portals and affinity Web sites, including 4 of the top 5 most trafficked sites on the Internet.
In addition, InfoSpace continues to expand key agreements with partners, such as Lycos for their classifieds solution and Disney`s GO Network for their commerce services, becoming an increasingly integral part of these portals business.
InfoSpace`s extensive affiliate network gives it an unduplicated reach of more than 92% of all Internet users and a duplicated reach of more than 400% on PC`s. The duplicated reach number represents that on average, more than 92% of all Internet users visit approximately four sites in the InfoSpace affiliate network.
In recent news:
-- InfoSpace appointed telecom industry veteran Rand Rosenberg as Chief
Financial Officer and Senior Vice President of Finance
-- InfoSpace appointed Steve Shivers to Managing Director of Europe,
Kumail Tyebjee as Managing Director of Asia and Kent Hellebust to
Senior Vice President of North and South America to aggressively lead
global expansion
-- InfoSpace moved headquarters to Bellevue, WA
About InfoSpace, Inc.
InfoSpace is a leading global Internet information infrastructure services company. InfoSpace provides commerce, information and communication infrastructure services to wireless devices, merchants and Web sites. The Company`s affiliates include a network of wireless and other Internet-enabled devices including PCs, cellular phones, pagers, screen telephones, television set-top boxes, online kiosks and personal digital assistants. These include relationships with Verizon Wireless, AT&T, AirTouch, GTE, Intel, Ericsson, Nokia, Mitsui and Acer America. InfoSpace`s affiliate network also consists of more 3,100 Web sites that include AOL, Microsoft, Disney`s GO Network, NBC`s Snap, Lycos, Go2Net Inc., DoubleClick, Dow Jones (The Wall Street Journal Interactive Edition) and ABC LocalNet, among others.
This release contains forward-looking statements relating to the development of the Company`s products and services and future operating results, including statements regarding future market share, progress in executing our strategy, introduction, success and features of new products and services, growth in Internet advertising sales, growth of wireless, merchant and consumer services, revenue backlog and future acquisitions, that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words ``believe,`` ``expect,`` ``intend,`` ``anticipate,`` variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect the Company`s actual results include seasonality, success of relationships with affiliates, the rate of adoption by advertisers of the Internet as an advertising medium, rate and extent of market growth, market acceptance of our products and services, competition and rapid technological change, the successful completion and subsequent integration of pending acquisitions and the ability to continue to make future acquisitions. A further description of certain factors that could affect actual results include, but are not limited to, those discussed in the Company`s Annual Report on Form 10-K, in the section entitled ``Factors Affecting InfoSpace`s Operating Results, Business Prospects and Market Price of Stock.`` Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
InfoSpace, InfoSpace.com and the InfoSpace logo are trademarks of InfoSpace, Inc., which may be registered in certain jurisdictions. Other trademarks are the property of their respective owners.
InfoSpace, Inc.
Pro Forma Consolidated Statements of Operations (A)
(unaudited)
Three months ended Six months ended
June 30, June 30,
2000 1999 2000 1999
Revenues $24,572,095 $6,980,686 $43,577,835 $12,240,104
Cost of revenues 4,458,621 1,645,701 7,577,393 2,954,201
Gross profit 20,113,474 5,334,985 36,000,442 9,285,903
Operating expenses:
Product
development 5,284,961 2,393,059 9,171,380 4,869,068
Sales, general
and
administrative 20,731,649 10,604,970 33,619,180 18,650,755
Total operating
expenses 26,016,610 12,998,029 42,790,560 23,519,823
Loss from
operations (5,903,136) (7,663,044) (6,790,118) (14,233,920)
Other income, net 2,583,493 3,360,226 6,046,245 4,625,712
Income tax expense (6,598) -- (24,118) --
Cumulative effect
of change in
accounting principle -- -- (719,216) --
Pro forma loss $(3,326,241) $(4,302,818) $(1,487,207) $(9,608,208)
Pro forma basic
loss per share $(0.01) $(0.02) $(0.01) $(0.05)
Shares used in
computing pro
forma basic
loss per share 230,322,824 198,449,788 223,707,864 189,085,936
(A) Pro forma results exclude non-cash charges, non-recurring charges and items unrelated to the Company`s core operations. This financial statement excludes amortization of intangibles, acquisition-related expenses, other non-recurring charges and unrealized loss on investments in the Venture Capital Fund, which are summarized in the following table. This financial statement also excludes employer payroll taxes assessed on stock option gains realized by employees from non-qualified stock option exercises which are recorded in cost of revenue, product development and sales, general and administrative expenses. They do not purport to be financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP). The following table reconciles the pro forma net income in accordance with GAAP for the periods presented.
InfoSpace, Inc.
Reconciliation of Pro Forma Net Income
(unaudited)
Three months ended Six months ended
June 30, June 30,
2000 1999 2000 1999
Pro forma net
loss $(3,326,241) $(4,302,818) $(1,487,207) $(9,608,208)
Employer
payroll
taxes on
stock option
exercises (589,512) (74,551) (3,122,555) (106,585)
Amortization of
intangibles (19,937,714) (304,661) (27,428,465) (603,940)
Acquisition &
other related
charges (202,102) (4,969,365) (86,599,408) (4,969,365)
Other - non-
recurring
charges -- (209,500) (2,887,609) (209,500)
Restructuring
charges (2,171,462) -- (2,171,462) --
Unrealized gain
(loss) on
investments held
in VC Fund (8,447,333) -- 15,150,355 --
Minority interest
in VC Fund 3,445,289 -- (6,398,032) --
Net loss $(31,229,075) $(9,860,895)$(114,944,383)$ (15,497,598)
InfoSpace, Inc.
Consolidated Statements of Operations
(unaudited)
Three months ended Six months ended
June 30, June 30,
2000 1999 2000 1999
Revenues $24,572,095 $6,980,686 $43,577,835 $12,240,104
Cost of revenues 4,477,602 1,645,701 7,596,374 2,954,201
Gross Profit 20,094,493 5,334,985 35,981,461 9,285,903
Operating expenses:
Product
development 5,649,288 2,437,962 10,426,568 4,924,566
Sales, general
and
administrative 20,937,853 10,634,618 35,467,566 18,701,842
Amortization of
intangibles 19,937,714 304,661 27,428,465 603,940
Acquisition &
other related
charges 202,102 4,969,365 86,599,408 4,969,365
Other - non-
recurring charges -- 209,500 2,887,609 209,500
Total operating
expenses 46,726,957 18,556,106 162,809,616 29,409,213
Loss from
operations (26,632,464) (13,221,121) (126,828,155) (20,123,310)
Unrealized gain
(loss) on
investments held
in VC Fund (8,447,333) -- 15,150,355 --
Minority interest
in VC Fund 3,445,289 -- (6,398,032) --
Restructuring
charges (2,171,462) -- (2,171,462) --
Other income, net 2,583,493 3,360,226 6,046,245 4,625,712
Loss from
operations
before income
tax expense
and cumulative
effect of
change in
accounting
principle (31,222,477) (9,860,895) (114,201,049) (15,497,598)
Income tax expense 6,598 -- 24,118 --
Loss from
operations
before
cumulative
effect of
change in
accounting
principle (31,229,075) (9,860,895) (114,225,167) (15,497,598)
Cumulative
effect of
change in
accounting
principle -- -- (719,216) --
Net loss $(31,229,075) $(9,860,895) $(114,944,383) $(15,497,598)
Basic loss per share $(0.14) $(0.05) $(0.51) $(0.08)
Shares used in
computing basic
net loss per
share 230,322,824 198,449,788 223,707,864 189,085,936
InfoSpace, Inc.
Condensed Consolidated Balance Sheets
(unaudited)
June 30, December 31,
2000 1999
ASSETS
Current assets:
Cash and cash equivalents $35,992,483 $37,985,250
Short-term investments 107,422,059 124,720,142
Accounts receivable, net 14,148,316 6,663,497
Notes and other receivables 34,940,665 11,580,866
Prepaid expenses and other current assets 10,496,288 13,638,016
Total current assets 202,999,811 194,587,771
Property and equipment, net 27,402,688 7,998,957
Long-term investments 13,805,271 71,416,776
Other investments 62,725,876 17,038,508
Intangibles, net 365,805,073 73,842,557
Other long-term assets 3,935,928 702,641
Total assets $676,674,647 $365,587,210
LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities:
Accounts payable $3,132,721 $2,810,141
Accrued expenses and other
current liabilities 11,688,759 19,543,490
Deferred revenue 15,983,279 2,672,531
Total current liabilities 30,804,759 25,026,162
Long-term liabilities and minority interest:
Long-term debt 416,346 685,762
Minority interest - VC Fund 25,310,803 --
Total long-term liabilities and
minority interest 25,727,149 685,762
Stockholders` equity:
Common stock 23,192 21,182
Additional paid-in capital 838,466,993 439,428,415
Accumulated deficit (213,456,818) (98,512,435)
Comprehensive income (1,979,213) 1,317,448
Deferred expense - warrants (1,903,308) (2,311,159)
Unearned compensation - stock options (1,008,107) (68,165)
Total liabilities and
stockholders` equity $676,674,647 $365,587,210
InfoSpace Reports Record Second Quarter Results And Announces Plans To Acquire Leading Broadband Infrastructure Company Go2Net
BELLEVUE, Wash., July 26 /PRNewswire/ -- InfoSpace, Inc. (Nasdaq: INSP - news), a leading global provider of infrastructure services for wireless devices, merchants and Web sites, today announced second quarter results.
(Photo: http://www.newscom.com/cgi-bin/prnh/20000420/INFOLOGO )
Financial highlights:
Revenues grow three-fold to $24.6 million
Committed revenue backlog increases to $98 million for the next four
quarters
Transaction, subscription and commerce represent 90% of total revenues
Early indications for wireless Internet subscriber growth rates exceeding all expectations
88% wireless carrier market share in the United States
Creating the first global infrastructure company that delivers the services that are fundamentally changing how people around the world communicate, access information, conduct commerce and manage their lives across rapidly converging media platforms such as wireless, DSL and broadband
InfoSpace announced revenues soared to $24.6 million due to strong growth in its wireless, merchant and consumer areas with wireless revenues growing more than 100%. This is a 252% increase from revenues of $6.98 million in the comparable quarter of 1999. Pro forma net loss for the quarter was $3.3 million or a loss of ($0.01) per share compared to a pro forma net loss of ($0.02) per share for the same period last year.
This transaction brings together two infrastructure leaders whose services enable their partners to create a unified experience for consumers to conduct commerce, access information, communicate and manage their lives across all platforms and provides the applications and technologies to take merchants through the entire lifecycle of commerce on any device.
``Today marks another historic milestone in the history of the rapid evolution of InfoSpace,`` said Arun Sarin, CEO, InfoSpace. ``InfoSpace turns in another record quarter of rapid growth and announces the merging of two powerful entities to create the premier global company delivering the services that are fundamentally changing how people around the world communicate, access information, conduct commerce and manage their lives across rapidly converging media platforms such as wireless, DSL and broadband.``
Wireless Services
Wireless continues to be the biggest opportunity and fastest growing area for InfoSpace. Today, there are more than 400 million wireless subscribers worldwide and that number is projected to grow 30-40% each year. Nokia and Ericsson have both projected that there will be one billion cellular phones worldwide by 2003. Jupiter predicts that by the same year, more people will access the Internet on wireless devices than on PCs.
InfoSpace continues to be the platform of choice for more than 20 wireless carriers worldwide. In the United States, InfoSpace has access to 88% of wireless subscribers today through its relationships that include 4 of the top 5 carriers: Verizon, AT&T, SBC and ALLTEL.
Most recently, InfoSpace announced that SBC, the second largest carrier in the U.S. with more than 17 million subscribers, selected its platform for the national roll-out of its mobile Internet services. SBC Wireless` new mobile Internet services will be widely available to customers in the fourth quarter of this year, and will be available across six SBC Wireless brands: Southwestern Bell Wireless, Ameritech Cellular, Pacific Bell Wireless, Nevada Bell Wireless, Cellular One and SNET.
In June, InfoSpace signed and launched ALLTEL Wireless, one of the top 5 carriers in the U.S. with close to 6 million subscribers, providing the solution for ALLTEL`s national wireless Internet initiative. Wireless users will receive tightly integrated services such as m-commerce, or wireless shopping, location-based services, personal information manager (PIM) applications such as address book and calendar and communication services such as messaging directly on their cellular phones.
In May, InfoSpace signed and launched VoiceStream Wireless to its more than 2.29 million subscribers. InfoSpace is providing the solution for VoiceStream`s wireless Internet services and their `personal portal` called MyVoiceStream.com. Using InfoSpace`s unique wireless Internet platform, the portal is customized to VoiceStream`s needs and allows their customers to choose personalized, specific information and be able to conduct commerce all from their wireless phone. The branding of MyVoiceStream.com is controlled completely by VoiceStream.
InfoSpace is also experiencing rapid adoption of its mobile commerce solution. Most recently, InfoSpace announced that AT&T Wireless will be the first to launch its mobile commerce solution enabling subscribers to electronically receive promotions from online and offline merchants on their cellular phones that can be used online or offline at a physical store. AT&T, in conjunction with InfoSpace, is leading the way in the world of mobile commerce by being the first to provide their users with unique and valuable new commerce services such as promotions, while helping facilitate transactions that will result in new commerce revenue streams.
InfoSpace continues to aggressively expand its footprint in Europe, Asia and South America. In May, the Company announced its entry into the Latin American market with access today to all Brazilian carriers representing more than 16 million wireless subscribers. Through an agreement with Telesystem International Wireless (TIW), InfoSpace`s platform of integrated wireless Internet services will be exclusively offered to all Brazilian cellular operators and Internet Service Providers enabling them to deliver comprehensive and personalized wireless Internet services to their subscribers on their mobile devices.
To date, InfoSpace has successfully deployed the platform of services for nine carriers including:
Verizon
AT&T
ALLTEL
VoiceStream
AirTouch
GTE
Austrian carrier ONE
Vodafone Australia
QWest (formerly US West)
InfoSpace continues to innovate and develop new products and services as part of its integrated platform. Most recently, InfoSpace announced its plans to launch two new services that will make it easy for subscribers to manage their personal accounts from any device including the ability to consolidate, access and manage e-mail accounts from providers such as Yahoo! Mail, AOL Mail, Microsoft Hotmail and any corporate POP3 e-mail account using one universal ID and password. The new service will not only give mobile device users the freedom to communicate and be productive anytime anywhere with a single click of a button, but will also allow them to access and manage multiple business and personal e-mail accounts in one place at one time.
In addition, InfoSpace announced its plans to launch a new mobile banking service to enable the management of multiple financial accounts from one place on cellular phones and PDA`s. From any device, users will have access to a consolidated view of all their personal financial information from multiple institutions -- such as bank accounts, bills, credit cards, investments and loans -- in one place, using one secure ID and password.
These new services will be integrated into InfoSpace`s comprehensive wireless Internet platform that offers tightly integrated suite of services across any device, any platform and any standard. These services include:
Commerce services such as making an instant purchase with a single click, the electronic delivery of promotions that can be used online or offline and the ability to search for products using standards-based codes, including bar codes.
Communication services such as device-independent e-mail and instant messaging.
Productivity applications such as address book, calendar and `to do` lists.
Personal account management such as e-mail and account aggregation.
Transaction services such as transferring funds from one account to another.
Location-based services such as finding the nearest ATM or restaurant.
Information services such as business finder, movie listings, directories, stock quotes.
Real-time alerts such as traffic reports, auction bids and stock alerts.
Security services such as personal authentication for secure transactions.
InfoSpace`s platform offers innovative and unique services that are helping to turn every mobile device into a true transaction device. This includes the ability to make instant purchases with a single click from virtually any Web site. This patent-pending server-based technology automatically fills in Web site payment forms, eliminating the need to enter in payment or shipping information, register at sites or enter any site- specific passwords from the device.
InfoSpace also enables mobile users to find and receive promotions on wireless devices from retailers and service-based merchants, such as dry cleaners and restaurants, that can be used online and offline. To take advantage of the promotion, the user can purchase the goods online, through a catalog, go to the retail store or simply utilize the service. Using this technology, promotions are seamlessly matched and automatically credited to the user`s credit card statement through secure back-end transaction processing.
InfoSpace also offers a new mobile commerce service that allows wireless shoppers or the traditional store shopper to enter anything that is known about an item- such as model number, part number, barcode, international standard book number (ISBN), product name or even scan in a UPC code -- to uniquely and most accurately locate a product, comparison shop and purchase ``when they want, where they want and how they want`` with a single click via cellular phones, land-line telephones, CE or palm devices, two-way pagers and standard browsers.
InfoSpace has also announced that OmniSky has selected its platform to launch next generation mobile services for PDAs. Palm Pilot users who purchase a wireless modem and service from OmniSky will now have the ability to access a wide range of new services that will change the way they shop, communicate, access information and otherwise manage their lives.
Merchant Services
InfoSpace continues to make significant progress in executing its strategy to provide the most integrated and comprehensive merchant platform that is merging the online and offline world of commerce and creating the largest network connecting merchants and consumers.
The local commerce opportunity is huge. According to the Kelsey Group, $3.7 trillion is transacted through the 10 million local merchants in the United States alone. These merchants spend at least $200 billion annually on promotions and Web-related activities.
InfoSpace`s merchant network is built through partnerships with all of the regional bell operating companies (RBOCs) that are subsidiaries of Qwest, BellSouth, SBC and Verizon, merchant banks such as American Express and Bank of America and other local media networks such as newspapers, television stations and radio stations.
InfoSpace`s national and local merchant network now consists of more than 600,000 local and national merchants, up more than 50% from the 400,000 merchants reported last quarter.
InfoSpace`s merchant services enable local merchants to reach consumers wherever they may be whether that shopping on mobile devices, at home on their PC or soon, in front of their television. InfoSpace offers several unique services, such as the delivery of electronic promotions that can be used online or offline in a physical store, making an instant purchase with a single click and the ability to buy multiple products from multiple merchants with a single universal shopping cart.
Using InfoSpace`s services, local merchants are able to promote their products and services across InfoSpace`s extensive affiliate network of more than 3,100 Web sites including AOL and MSN, and more than 20 wireless carrier partners including Verizon Wireless and AT&T Wireless creating the broadest reach to consumers available today.
Consumer Services
Momentum continues to be strong for InfoSpace`s consumer services. During the quarter, the Company announced several new and expanded agreements.
InfoSpace announced its first entry into the Chinese market through an agreement with Unicom Media, a division of China Unicom, one of China`s largest telecommunications companies, to provide the full platform of infrastructure services that is the solution for their Internet initiatives throughout China.
With the addition of new partners such as Unicom Media, InfoSpace`s affiliate network has grown from 3,000 to 3,100 portals and affinity Web sites, including 4 of the top 5 most trafficked sites on the Internet.
In addition, InfoSpace continues to expand key agreements with partners, such as Lycos for their classifieds solution and Disney`s GO Network for their commerce services, becoming an increasingly integral part of these portals business.
InfoSpace`s extensive affiliate network gives it an unduplicated reach of more than 92% of all Internet users and a duplicated reach of more than 400% on PC`s. The duplicated reach number represents that on average, more than 92% of all Internet users visit approximately four sites in the InfoSpace affiliate network.
In recent news:
-- InfoSpace appointed telecom industry veteran Rand Rosenberg as Chief
Financial Officer and Senior Vice President of Finance
-- InfoSpace appointed Steve Shivers to Managing Director of Europe,
Kumail Tyebjee as Managing Director of Asia and Kent Hellebust to
Senior Vice President of North and South America to aggressively lead
global expansion
-- InfoSpace moved headquarters to Bellevue, WA
About InfoSpace, Inc.
InfoSpace is a leading global Internet information infrastructure services company. InfoSpace provides commerce, information and communication infrastructure services to wireless devices, merchants and Web sites. The Company`s affiliates include a network of wireless and other Internet-enabled devices including PCs, cellular phones, pagers, screen telephones, television set-top boxes, online kiosks and personal digital assistants. These include relationships with Verizon Wireless, AT&T, AirTouch, GTE, Intel, Ericsson, Nokia, Mitsui and Acer America. InfoSpace`s affiliate network also consists of more 3,100 Web sites that include AOL, Microsoft, Disney`s GO Network, NBC`s Snap, Lycos, Go2Net Inc., DoubleClick, Dow Jones (The Wall Street Journal Interactive Edition) and ABC LocalNet, among others.
This release contains forward-looking statements relating to the development of the Company`s products and services and future operating results, including statements regarding future market share, progress in executing our strategy, introduction, success and features of new products and services, growth in Internet advertising sales, growth of wireless, merchant and consumer services, revenue backlog and future acquisitions, that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. The words ``believe,`` ``expect,`` ``intend,`` ``anticipate,`` variations of such words, and similar expressions identify forward-looking statements, but their absence does not mean that the statement is not forward-looking. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict. Factors that could affect the Company`s actual results include seasonality, success of relationships with affiliates, the rate of adoption by advertisers of the Internet as an advertising medium, rate and extent of market growth, market acceptance of our products and services, competition and rapid technological change, the successful completion and subsequent integration of pending acquisitions and the ability to continue to make future acquisitions. A further description of certain factors that could affect actual results include, but are not limited to, those discussed in the Company`s Annual Report on Form 10-K, in the section entitled ``Factors Affecting InfoSpace`s Operating Results, Business Prospects and Market Price of Stock.`` Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. The Company undertakes no obligation to update publicly any forward-looking statements to reflect new information, events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.
InfoSpace, InfoSpace.com and the InfoSpace logo are trademarks of InfoSpace, Inc., which may be registered in certain jurisdictions. Other trademarks are the property of their respective owners.
InfoSpace, Inc.
Pro Forma Consolidated Statements of Operations (A)
(unaudited)
Three months ended Six months ended
June 30, June 30,
2000 1999 2000 1999
Revenues $24,572,095 $6,980,686 $43,577,835 $12,240,104
Cost of revenues 4,458,621 1,645,701 7,577,393 2,954,201
Gross profit 20,113,474 5,334,985 36,000,442 9,285,903
Operating expenses:
Product
development 5,284,961 2,393,059 9,171,380 4,869,068
Sales, general
and
administrative 20,731,649 10,604,970 33,619,180 18,650,755
Total operating
expenses 26,016,610 12,998,029 42,790,560 23,519,823
Loss from
operations (5,903,136) (7,663,044) (6,790,118) (14,233,920)
Other income, net 2,583,493 3,360,226 6,046,245 4,625,712
Income tax expense (6,598) -- (24,118) --
Cumulative effect
of change in
accounting principle -- -- (719,216) --
Pro forma loss $(3,326,241) $(4,302,818) $(1,487,207) $(9,608,208)
Pro forma basic
loss per share $(0.01) $(0.02) $(0.01) $(0.05)
Shares used in
computing pro
forma basic
loss per share 230,322,824 198,449,788 223,707,864 189,085,936
(A) Pro forma results exclude non-cash charges, non-recurring charges and items unrelated to the Company`s core operations. This financial statement excludes amortization of intangibles, acquisition-related expenses, other non-recurring charges and unrealized loss on investments in the Venture Capital Fund, which are summarized in the following table. This financial statement also excludes employer payroll taxes assessed on stock option gains realized by employees from non-qualified stock option exercises which are recorded in cost of revenue, product development and sales, general and administrative expenses. They do not purport to be financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP). The following table reconciles the pro forma net income in accordance with GAAP for the periods presented.
InfoSpace, Inc.
Reconciliation of Pro Forma Net Income
(unaudited)
Three months ended Six months ended
June 30, June 30,
2000 1999 2000 1999
Pro forma net
loss $(3,326,241) $(4,302,818) $(1,487,207) $(9,608,208)
Employer
payroll
taxes on
stock option
exercises (589,512) (74,551) (3,122,555) (106,585)
Amortization of
intangibles (19,937,714) (304,661) (27,428,465) (603,940)
Acquisition &
other related
charges (202,102) (4,969,365) (86,599,408) (4,969,365)
Other - non-
recurring
charges -- (209,500) (2,887,609) (209,500)
Restructuring
charges (2,171,462) -- (2,171,462) --
Unrealized gain
(loss) on
investments held
in VC Fund (8,447,333) -- 15,150,355 --
Minority interest
in VC Fund 3,445,289 -- (6,398,032) --
Net loss $(31,229,075) $(9,860,895)$(114,944,383)$ (15,497,598)
InfoSpace, Inc.
Consolidated Statements of Operations
(unaudited)
Three months ended Six months ended
June 30, June 30,
2000 1999 2000 1999
Revenues $24,572,095 $6,980,686 $43,577,835 $12,240,104
Cost of revenues 4,477,602 1,645,701 7,596,374 2,954,201
Gross Profit 20,094,493 5,334,985 35,981,461 9,285,903
Operating expenses:
Product
development 5,649,288 2,437,962 10,426,568 4,924,566
Sales, general
and
administrative 20,937,853 10,634,618 35,467,566 18,701,842
Amortization of
intangibles 19,937,714 304,661 27,428,465 603,940
Acquisition &
other related
charges 202,102 4,969,365 86,599,408 4,969,365
Other - non-
recurring charges -- 209,500 2,887,609 209,500
Total operating
expenses 46,726,957 18,556,106 162,809,616 29,409,213
Loss from
operations (26,632,464) (13,221,121) (126,828,155) (20,123,310)
Unrealized gain
(loss) on
investments held
in VC Fund (8,447,333) -- 15,150,355 --
Minority interest
in VC Fund 3,445,289 -- (6,398,032) --
Restructuring
charges (2,171,462) -- (2,171,462) --
Other income, net 2,583,493 3,360,226 6,046,245 4,625,712
Loss from
operations
before income
tax expense
and cumulative
effect of
change in
accounting
principle (31,222,477) (9,860,895) (114,201,049) (15,497,598)
Income tax expense 6,598 -- 24,118 --
Loss from
operations
before
cumulative
effect of
change in
accounting
principle (31,229,075) (9,860,895) (114,225,167) (15,497,598)
Cumulative
effect of
change in
accounting
principle -- -- (719,216) --
Net loss $(31,229,075) $(9,860,895) $(114,944,383) $(15,497,598)
Basic loss per share $(0.14) $(0.05) $(0.51) $(0.08)
Shares used in
computing basic
net loss per
share 230,322,824 198,449,788 223,707,864 189,085,936
InfoSpace, Inc.
Condensed Consolidated Balance Sheets
(unaudited)
June 30, December 31,
2000 1999
ASSETS
Current assets:
Cash and cash equivalents $35,992,483 $37,985,250
Short-term investments 107,422,059 124,720,142
Accounts receivable, net 14,148,316 6,663,497
Notes and other receivables 34,940,665 11,580,866
Prepaid expenses and other current assets 10,496,288 13,638,016
Total current assets 202,999,811 194,587,771
Property and equipment, net 27,402,688 7,998,957
Long-term investments 13,805,271 71,416,776
Other investments 62,725,876 17,038,508
Intangibles, net 365,805,073 73,842,557
Other long-term assets 3,935,928 702,641
Total assets $676,674,647 $365,587,210
LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities:
Accounts payable $3,132,721 $2,810,141
Accrued expenses and other
current liabilities 11,688,759 19,543,490
Deferred revenue 15,983,279 2,672,531
Total current liabilities 30,804,759 25,026,162
Long-term liabilities and minority interest:
Long-term debt 416,346 685,762
Minority interest - VC Fund 25,310,803 --
Total long-term liabilities and
minority interest 25,727,149 685,762
Stockholders` equity:
Common stock 23,192 21,182
Additional paid-in capital 838,466,993 439,428,415
Accumulated deficit (213,456,818) (98,512,435)
Comprehensive income (1,979,213) 1,317,448
Deferred expense - warrants (1,903,308) (2,311,159)
Unearned compensation - stock options (1,008,107) (68,165)
Total liabilities and
stockholders` equity $676,674,647 $365,587,210
hier alles zu den Zahlen
http://quotes.freerealtime.com/rt/frt/news?symbol=INSP&art=C…
hier alle details zum Go2Net
http://quotes.freerealtime.com/rt/frt/news?symbol=INSP&art=C…
zuviel für den Thread deshalb als link
http://quotes.freerealtime.com/rt/frt/news?symbol=INSP&art=C…
hier alle details zum Go2Net
http://quotes.freerealtime.com/rt/frt/news?symbol=INSP&art=C…
zuviel für den Thread deshalb als link
Inter nett genau das wollt ich auch zuerst machen oder einfach nur schreiben lesen.....
na ja wenn ich auf dem laufenden bin ist es an Venture Capital einen neuen Thread zu eröffnen ....ein paar posting kann der hier aber noch ab....
cu
na ja wenn ich auf dem laufenden bin ist es an Venture Capital einen neuen Thread zu eröffnen ....ein paar posting kann der hier aber noch ab....
cu
langfristig ein top-deal.....:
"....With the addition of Go2Net`s merchant base of 1.1 million, InfoSpace now has a combined merchant base of almost two million merchants and enables cross selling of enhanced feature functionality....."
aber morgen wirds wohl heftig werden :-(
zahlen zwar gut, aber hauen niemanden vom hocker
zündi
"....With the addition of Go2Net`s merchant base of 1.1 million, InfoSpace now has a combined merchant base of almost two million merchants and enables cross selling of enhanced feature functionality....."
aber morgen wirds wohl heftig werden :-(
zahlen zwar gut, aber hauen niemanden vom hocker
zündi
nachbörslich:
http://htmlgritch.island.com/SERVICE/QUOTE?STOCK=insp
INSP GET STOCK
--------------------------------------------------------------------------------
LAST MATCH
Price 48.0000
Time 16:02:16
TODAY`S ACTIVITY
Orders 4,877
Volume 588,708
--------------------------------------------------------------------------------
BUY ORDERS
SHARES PRICE
50 43.5000
100 43.5000
500 43.5000
1,000 43.1250
200 43.1250
100 43.0000
100 43.0000
500 42.7500
50 42.5000
20 42.0625
50 41.8000
500 41.1250
100 40.2500
40 40.0000
100 40.0000
(12 more)
SELL ORDERS
SHARES PRICE
600 49.8750
100 49.9900
100 50.0000
100 50.0000
100 50.0000
56 50.0000
50 50.0000
50 50.0000
50 50.0000
200 50.0000
100 50.0000
50 50.0000
500 50.0000
15 50.7500
100 51.0000
(189 more)
--------------------------------------------------------------------------------
As of 17:22:05
http://htmlgritch.island.com/SERVICE/QUOTE?STOCK=insp
INSP GET STOCK
--------------------------------------------------------------------------------
LAST MATCH
Price 48.0000
Time 16:02:16
TODAY`S ACTIVITY
Orders 4,877
Volume 588,708
--------------------------------------------------------------------------------
BUY ORDERS
SHARES PRICE
50 43.5000
100 43.5000
500 43.5000
1,000 43.1250
200 43.1250
100 43.0000
100 43.0000
500 42.7500
50 42.5000
20 42.0625
50 41.8000
500 41.1250
100 40.2500
40 40.0000
100 40.0000
(12 more)
SELL ORDERS
SHARES PRICE
600 49.8750
100 49.9900
100 50.0000
100 50.0000
100 50.0000
56 50.0000
50 50.0000
50 50.0000
50 50.0000
200 50.0000
100 50.0000
50 50.0000
500 50.0000
15 50.7500
100 51.0000
(189 more)
--------------------------------------------------------------------------------
As of 17:22:05
also wie gehabt abwarten und Tee trinken ..... das allseits so beliebte Sommerloch können die Jungs ja nicht bis Weihnachten ausdehnen .....dann müssen se sich schon wieder was anderes einfallen lassen ....
hat jemand die Übertragung mitgeschaut??? und was wat los??
hat jemand die Übertragung mitgeschaut??? und was wat los??
Wo seht ihr Insp morgen?
Deutschland? 50 Eur? (Angleichung an Nasdaq?)
USA? ???
Deutschland? 50 Eur? (Angleichung an Nasdaq?)
USA? ???
zuendi deine Zauberkugel is gefragt......
wird wohl nicht ganz einfach werden morgen......aber mal abwarten sind ja noch paar relativ gute zahlen so im umfeld gekommen vielecht wirds ja doch noch ein sonniger wochenausklang.....
wird wohl nicht ganz einfach werden morgen......aber mal abwarten sind ja noch paar relativ gute zahlen so im umfeld gekommen vielecht wirds ja doch noch ein sonniger wochenausklang.....
InfoSpace said that under the deal, expected to close in
the fourth quarter, it will issue 1.82 of its own shares for
each Go2Net share. As of July 17, when it reported
third-quarter earnings, Go2Net had 46.2 million shares
outstanding.
The deal values each Go2Net share at $86.91, a 43-percent
premium to Go2Net`s closing price on Wednesday of 60-9/116 on
the Nasdaq, where it fell 1-9/16. InfoSpace stock rose 1-7/16
to 47-3/4 on the Nasdaq.
Separately, InfoSpace reported a far-narrower-than-expected
pro forma loss of $3.3 million, or a penny a share, compared
with a year-ago pro forma loss of $4.30 million, or 2 cents a
share. Sales more than tripled to $24.6 million from $6.98
million.
On that basis, Wall Street had expected the company to lose
6 cents a share in the quarter, according to consensus analyst
estimates compiled by First Call/Thomson Financial, which
tracks such forecasts.
ja wenn man das nur gestern schon gewußt hätte dann wär man heut viel glücklicher ins bettchen gegangen......
the fourth quarter, it will issue 1.82 of its own shares for
each Go2Net share. As of July 17, when it reported
third-quarter earnings, Go2Net had 46.2 million shares
outstanding.
The deal values each Go2Net share at $86.91, a 43-percent
premium to Go2Net`s closing price on Wednesday of 60-9/116 on
the Nasdaq, where it fell 1-9/16. InfoSpace stock rose 1-7/16
to 47-3/4 on the Nasdaq.
Separately, InfoSpace reported a far-narrower-than-expected
pro forma loss of $3.3 million, or a penny a share, compared
with a year-ago pro forma loss of $4.30 million, or 2 cents a
share. Sales more than tripled to $24.6 million from $6.98
million.
On that basis, Wall Street had expected the company to lose
6 cents a share in the quarter, according to consensus analyst
estimates compiled by First Call/Thomson Financial, which
tracks such forecasts.
ja wenn man das nur gestern schon gewußt hätte dann wär man heut viel glücklicher ins bettchen gegangen......
gesagt getan haut keinen vom hocker und die zocker schon garnicht
sold out nachbörslich runter auf 40
http://gritch.island.com/SERVICE/QUOTE?STOCK=insp
so musicman tacshenrechner inne hand u und 40 durch 0,93 geteilt und dann haste den morgentlichen kurs mind. bis 15.00 nachmittags
sold out nachbörslich runter auf 40
http://gritch.island.com/SERVICE/QUOTE?STOCK=insp
so musicman tacshenrechner inne hand u und 40 durch 0,93 geteilt und dann haste den morgentlichen kurs mind. bis 15.00 nachmittags
Wir sollte uns lieber ganz warm anziehen morgen ...
nachbörslich aktuell:
http://htmlgritch.island.com/SERVICE/QUOTE?STOCK=INSP
INSP GET STOCK
--------------------------------------------------------------------------------
LAST MATCH
Price 40.5000
Time 17:38:03
TODAY`S ACTIVITY
Orders 5,083
Volume 618,924
--------------------------------------------------------------------------------
BUY ORDERS
SHARES PRICE
300 40.5100
518 40.5000
100 40.2500
40 40.2500
50 40.1250
100 40.0000
50 40.0000
500 40.0000
5,000 40.0000
100 40.0000
100 40.0000
100 39.8750
200 39.5000
1,000 39.0000
200 38.5000
(15 more)
SELL ORDERS
SHARES PRICE
275 40.8750
175 40.9375
500 41.0000
250 41.0000
800 41.7500
200 42.0000
200 43.5000
100 44.5000
200 45.0000
500 46.0000
1,000 46.0000
400 47.5000
300 48.0000
100 48.0000
100 48.0000
(201 more)
--------------------------------------------------------------------------------
nachbörslich aktuell:
http://htmlgritch.island.com/SERVICE/QUOTE?STOCK=INSP
INSP GET STOCK
--------------------------------------------------------------------------------
LAST MATCH
Price 40.5000
Time 17:38:03
TODAY`S ACTIVITY
Orders 5,083
Volume 618,924
--------------------------------------------------------------------------------
BUY ORDERS
SHARES PRICE
300 40.5100
518 40.5000
100 40.2500
40 40.2500
50 40.1250
100 40.0000
50 40.0000
500 40.0000
5,000 40.0000
100 40.0000
100 40.0000
100 39.8750
200 39.5000
1,000 39.0000
200 38.5000
(15 more)
SELL ORDERS
SHARES PRICE
275 40.8750
175 40.9375
500 41.0000
250 41.0000
800 41.7500
200 42.0000
200 43.5000
100 44.5000
200 45.0000
500 46.0000
1,000 46.0000
400 47.5000
300 48.0000
100 48.0000
100 48.0000
(201 more)
--------------------------------------------------------------------------------
......Frage also auch schon selbst beantwortet......es ziehen wolken auf .....
Ich glaube venture du solltest schonmal nen umzugswagen bestellen und nen nachsendeantrag für nen neuen Thread......der hier geht ja auf keine Klorolle mehr drauf.....
so das soll von mir aus auch für heute gewesen sein guts nächtle alle miteinander....werd morgen meine mail, mit dem depotauszug, direkt löschen.....
so das soll von mir aus auch für heute gewesen sein guts nächtle alle miteinander....werd morgen meine mail, mit dem depotauszug, direkt löschen.....
INSP nachbörslich fast 18% im minus, GNET plus 14% !!! Ein Dreamteam der kommenden Jahre???
langfristig ein TOP deal!
-----> 1,1mio merchants kommen von GNET hinzu
-----> spielesachen auf handy...die fehlten eh noch
-----> broadband!
-----> der content, der von GNET hinzukommt
ein geiler zug von jain.
aber was kurzfristig passiert, seht ihr ja bei island...
zündi
-----> 1,1mio merchants kommen von GNET hinzu
-----> spielesachen auf handy...die fehlten eh noch
-----> broadband!
-----> der content, der von GNET hinzukommt
ein geiler zug von jain.
aber was kurzfristig passiert, seht ihr ja bei island...
zündi
so, grade nach hause gekommen, poste direkt in den neuen thread:
Thread: Infospace - News und Meinungen zu Zahlen und Akquisitionen
`Infospace - News und Meinungen zu Zahlen und Akquisitionen`
gruß
V.C.
Thread: Infospace - News und Meinungen zu Zahlen und Akquisitionen
`Infospace - News und Meinungen zu Zahlen und Akquisitionen`
gruß
V.C.
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