Shopping.com Went Public / Shares Soar 60% On IPO - GoFuckYourself.com

KRL · 10-27-2004, 05:47 AM

http://story.news.yahoo.com/news?tmp...o&sid=95573501

Looks like the Net is red hot again.

BRISK · 10-27-2004, 05:51 AM

Quote:

Israel-based Shopping.com, with U.S. headquarters in a suburb just south of San Francisco

What is the advantage of being based in Isreal, but having your headquarters in the US?

KRL · 10-27-2004, 06:05 AM

Quote:

Originally posted by BRISK
What is the advantage of being based in Isreal, but having your headquarters in the US?

No particular advantage. It was probably just founded there and corp. headquarters placed in the US to better faciliatate the long term plans for their IPO.

Company's market value soared to over $800 Million and their net is only about $7 Mil.

sumphatpimp · 10-27-2004, 06:16 AM

Quote:

Originally posted by BRISK
What is the advantage of being based in Isreal, but having your headquarters in the US?

you can sell SCUD missles at a big discount.

camels are cheap also.

and you can buy a lottery ticket on the 380 tons of missing explosives.

slavdogg · 10-27-2004, 08:27 AM

Quote:

Originally posted by sumphatpimp
you can sell SCUD missles at a big discount.

camels are cheap also.

and you can buy a lottery ticket on the 380 tons of missing explosives.

you're an idiot

slavdogg · 10-27-2004, 08:30 AM

there are more Israeli companies listed and traded on US stock exchanges than from any other foreign country.
Chinease are quickly catching up tho

TheMob · 10-27-2004, 08:32 AM

Quote:

Originally posted by slavdogg
there are more Israeli companies listed and traded on US stock exchanges than from any other foreign country.
Chinease are quickly catching up tho

it's always been like that

wyldblyss · 10-27-2004, 08:33 AM

I hope that it is getting hot again. Back in the hayday before the dot com crash I was making huge money in mainstream for an Internet company. Damn I miss those days especially since the exchange rate was mighty fine at the time too

EscortBiz · 10-27-2004, 08:33 AM

I said a few months ago the internet bubble is coming back might be a smaller version but it will still be a bubble where people will lose their pants all over again.

See when I start getting calls from people asking "I have money what can I invest in" when it starts burning holes in peoples pockets the stupid investments follow.

Whats causing it well everyone is like "shit I should have invested in google" everyone is now motivated to invest in the next google even thou few will make the cash they make but they just want to be part of the next big thing, most companies will burn and die quick they run thru cash like its water.

Goonx · 10-27-2004, 08:36 AM

Quote:

Originally posted by slavdogg
there are more Israeli companies listed and traded on US stock exchanges than from any other foreign country.
Chinease are quickly catching up tho

gotta love Israel

slavdogg · 10-27-2004, 08:46 AM

Quote:

Originally posted by EscortBiz
I said a few months ago the internet bubble is coming back might be a smaller version but it will still be a bubble where people will lose their pants all over again.

See when I start getting calls from people asking "I have money what can I invest in" when it starts burning holes in peoples pockets the stupid investments follow.

Whats causing it well everyone is like "shit I should have invested in google" everyone is now motivated to invest in the next google even thou few will make the cash they make but they just want to be part of the next big thing, most companies will burn and die quick they run thru cash like its water.

yup, i'm seeing a lot of that now too
I said 18 months ago we're in the early staged of the next internet boom.
I bought shit loads of Overture and and findwhat stock, made a real nice penny

As far as the bubble we're not close to it yet but getting there.
There is a lot of good things happenin on the web and tech for this growth to continue for some time.
It does feel like 98-99 all over again

slavdogg · 10-27-2004, 08:48 AM

Quote:

Originally posted by TheMob
it's always been like that

how long is always ??
i dont think this was true 10 years ago.

TheRedZone · 10-27-2004, 09:31 AM

Quote:

Originally posted by EscortBiz
I said a few months ago the internet bubble is coming back might be a smaller version but it will still be a bubble where people will lose their pants all over again.

Agreed, I think the thing most analysts & investors are missing is that there are no Barriers to Entry on the Web. Competitors can pop-up, copy your idea (or improve it), and catch on like wildfire all from the comfort of a basement or garage.

What does Google have that justifies a PE of 225?
Were they first to market with a 17 year patent on their product?
Where is their unique business proposition? They've already got competition in every segment of their business.
Google isn't going to corner the market on Web traffic or ad revenue, they're just going to be hot for a while until the competition catches up and shares in the profits.

Shopping.com? I don't know much about the company but I do know that a company by the name of Shelron has released a beta version of ActiveShopper, comparative shopping software that claims to provide the same service as Shopping.com but runs in the background while you surf.

slavdogg · 10-27-2004, 10:18 AM

>> Shopping.com? I don't know much about the company

PRIME DOMAIN
its the largest shopping comparison site online
was known as dealtime.com
Bizrate.com and NexTag.com are its biggest competitors
other than that nothing unique or original here

warlock5 · 10-27-2004, 10:57 AM

Quote:

Originally posted by slavdogg
how long is always ??
i dont think this was true 10 years ago.

ICQ came from Isreal. I think ICQ's contribution to the internet and instant messaging is under appreciated and recognized. It was my first instant-messaging program.

As for another bubble... pay very close attention to profitability of the companies. Some companies may be overvalued, but I seriously doubt Google is going to 0.

Anyone have any finacials for shopping.com other than what the article states?

"Shopping.com lost $6.6 million through the first half of this year, but has demonstrated it can turn a profit, earning $6.9 million last year on revenue of $67 million. Revenue so far this year has increased by 70 percent. "

It will be interesting to see where the dictionary-domain companies go. Are they really the equivilant to generics in marketing?

warlock5 · 10-27-2004, 11:01 AM

Just taking a quick peak at shopping.com... looks like their site is getting some good SE traffic. Interesting stuff.

detoxed · 10-27-2004, 11:02 AM

Anyone with $5 million to invest want to do a $400 million plus IPO in the next 2 years? Let me know.

slavdogg · 10-27-2004, 11:04 AM

Quote:

Originally posted by warlock5
ICQ came from Isreal. I think ICQ's contribution to the internet and instant messaging is under appreciated and recognized. It was my first instant-messaging program.

I agree, its under appreciated.
It was started by 2 young guys in Israel and sold early on to AOL.
I believe it was in 98 for around $300 mil. They had zero revenue at that time, just a large userbase.

fris · 10-27-2004, 11:07 AM

whos buying?

pornstar2pac?

boneprone · 10-27-2004, 11:08 AM

Quote:

Originally posted by KRL
http://story.news.yahoo.com/news?tmp...o&sid=95573501

Looks like the Net is red hot again.

yeah i saw this yesterday when it went public, and was looking into it the week or so prior.

Amazing. The site looks like shit, yet its fucking hot on the market.

Taboo · 10-27-2004, 11:25 AM

a little history lesson:

Quote:

September 22, 2003
The Shopping.com domain name has a long and interesting history. The property was originally created by former navy seal and serial retail entrepreneur Robert J. McNulty in 1996. Incubator Idealab invested seed money of $250,000 in Shopping.com (Idealab also spawned GoTo.com, known today as Overture), and the company rode the dot-com boom and went public in November 1997, raising about $10 million in the process. Despite SEC charges of stock price manipulation, the company was purchased in March 1999 by then AltaVista parent Compaq for about $220 million in cash. AltaVista had high hopes for its new property. Rod Schrock, then Compaq Senior Vice President and Group General Manager, Consumer Products, said of the purchase: "The Internet is fast becoming a transaction medium in addition to a content medium. Today, AltaVista becomes the first site to fully combine these two capabilities into one synergistic user experience. Our intent is to make AltaVista the leading guide for both information and e-commerce on the Internet." The intent didn't last long. In October 2001, AltaVista said it was outsourcing its shopping search functions to Dealtime, saying online shopping was no longer a core strategy. As part of the deal, AltaVista transferred ownership of the shopping.com domain name to Dealtime

full article:
http://searchenginewatch.com/searchd...le.php/3080171

history repeats itself?

Quote:

Tue Oct 26, 5:22 PM ET
Nirav Tolia, Shopping.com's president and chief operating officer, resigned in June after the company received information claiming he had faked part of his educational background and job history, according to documents filed with the Securities and Exchange Commission (news - web sites). The documents didn't detail Tolia's alleged fabrications. Investors in a Epinions, a company that Shopping.com bought last year, also are threatening trouble. The company warned in its IPO papers a group of Epinions investors are demanding damages for alleged insider misconduct by Tolia and others when Shopping.com negotiated the takeover. The Epinions investors want to be paid 1.8 million to 2.4 million Shopping.com shares ? a stake worth $52 million to $69 million after Tuesday's trading.

but I am glad that the tech/ipo/vc market is back.

woj · 10-27-2004, 11:27 AM

damn, not bad, too bad I missed it :-/

AVM · 10-27-2004, 12:54 PM

Slav,

I think we can both appreciate this domains value. Amazing domain,
however prime or not, the company's assessed value is over inflated.

But hey, the end justifies the means. See what these dildos can do.

Wiggles · 10-27-2004, 12:58 PM

They will tank after a week on open market I bet.

AVM · 10-27-2004, 12:59 PM

Additionally - The origins/success story surrounding ICQ's development is great. Intriguing to say the least. However as to why it is under appreciated these days? Simply because it's a piece of shit.

BRISK · 10-27-2004, 01:47 PM

Quote:

Originally posted by slavdogg
there are more Israeli companies listed and traded on US stock exchanges than from any other foreign country.
Chinease are quickly catching up tho

Actually, I think Canada is the foreign country with the most listings on US stock exchanges, and Israel is next

10-27-2004, 05:47 AM	#1
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Shopping.com Went Public / Shares Soar 60% On IPO http://story.news.yahoo.com/news?tmp...o&sid=95573501 Looks like the Net is red hot again. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

10-27-2004, 08:33 AM	#9
EscortBiz Fuck Checks, CASH only! Join Date: May 2002 Location: New York City Posts: 19,422	I said a few months ago the internet bubble is coming back might be a smaller version but it will still be a bubble where people will lose their pants all over again. See when I start getting calls from people asking "I have money what can I invest in" when it starts burning holes in peoples pockets the stupid investments follow. Whats causing it well everyone is like "shit I should have invested in google" everyone is now motivated to invest in the next google even thou few will make the cash they make but they just want to be part of the next big thing, most companies will burn and die quick they run thru cash like its water. __________________ Spanking, Medical Fetish, Sleeping, Strap-on Anal Lesbians, Girls Fucking Guys, Handjob site REAL HOT, Shemales, Anal and Ass Licking sites 100% Real EXCLUSIVE with amazing retention, ccbill payouts, lots of content FREE FTP HOSTING Promote the largest and oldest member paid escort site, Converts 10 times better then any dating site, CCBill payouts ICQ# 158802076

10-27-2004, 11:07 AM	#19
fris Too lazy to set a custom title Industry Role: Join Date: Aug 2002 Posts: 55,372	whos buying? pornstar2pac? __________________ Since 1999: 69 Adult Industry awards for Best Hosting Company and professional excellence. WP Stuff

10-27-2004, 11:27 AM	#22
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	damn, not bad, too bad I missed it :-/ __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

10-27-2004, 12:58 PM	#24
Wiggles Too lazy to set a custom title Join Date: May 2004 Posts: 14,423	They will tank after a week on open market I bet. __________________ no sig

10-27-2004, 08:30 AM	#6
slavdogg Confirmed User Join Date: Jan 2001 Posts: 3,570	there are more Israeli companies listed and traded on US stock exchanges than from any other foreign country. Chinease are quickly catching up tho

10-27-2004, 08:33 AM	#8
wyldblyss Confirmed User Join Date: Nov 2003 Location: The Buck Starts Here Posts: 5,779	I hope that it is getting hot again. Back in the hayday before the dot com crash I was making huge money in mainstream for an Internet company. Damn I miss those days especially since the exchange rate was mighty fine at the time too

10-27-2004, 10:18 AM	#14
slavdogg Confirmed User Join Date: Jan 2001 Posts: 3,570	>> Shopping.com? I don't know much about the company PRIME DOMAIN its the largest shopping comparison site online was known as dealtime.com Bizrate.com and NexTag.com are its biggest competitors other than that nothing unique or original here

10-27-2004, 11:01 AM	#16
warlock5 Confirmed User Join Date: Jan 2004 Location: Uranus Posts: 2,808	Just taking a quick peak at shopping.com... looks like their site is getting some good SE traffic. Interesting stuff.

10-27-2004, 11:02 AM	#17
detoxed vip member Join Date: Jan 2003 Posts: 17,798	Anyone with $5 million to invest want to do a $400 million plus IPO in the next 2 years? Let me know.

10-27-2004, 12:54 PM	#23
AVM Confirmed User Join Date: Feb 2004 Location: South Florida. Posts: 1,890	Slav, I think we can both appreciate this domains value. Amazing domain, however prime or not, the company's assessed value is over inflated. But hey, the end justifies the means. See what these dildos can do.

10-27-2004, 12:59 PM	#25
AVM Confirmed User Join Date: Feb 2004 Location: South Florida. Posts: 1,890	Additionally - The origins/success story surrounding ICQ's development is great. Intriguing to say the least. However as to why it is under appreciated these days? Simply because it's a piece of shit.