Corporate Results of over 2500 companies
Saturday, January 8, 2000

fesub.gif (4328 bytes)
bancorp.gif (4720 bytes)
fe.gif (834 bytes) flnews.gif (5153 bytes)
Search FE
-
Download
BSE Quotes
NSE Quotes
-
-

lead.gif (1547 bytes)

Valuation with no precedence
Priceline.com commands a market capitalisation in excess of the top three airlines put together. This, in spite of the fact that what Priceline essentially does is hawk their tickets and has a bottomline that looks an awful shade of red.

e-Pricing of financial assets
A traditional stock analyst always blames an optimistic market for valuing the Internet stocks at very high levels, without paying heed to their poor fundamentals. While another lot holds that the Internet stocks are valued on the basis of inherent strength. The fight may be ongoing with no end result.

Easy way to manage costs
Web business currently yields next to nothing for many sites. The Net heads have had to dilute their stake to take care of their expenses so that the show continues. The two main expense heads that are an area for concern with many Net heads include employee salaries and the advertisement bills.

A matter of perspective
There's a difference, merchant bankers say, when a corporate house makes an acquisition and when a venture capitalist places a ballpark number on the valuation. The difference essentially lies in the perspective. While on the one hand, corporate houses look at long term revenue streams, venture capitalists look at the most viable and profitable exit route.

Valuation in the New World order
"--Companies in new fields of activity-- provide no sound basis for the determination of intrinsic value-- Analysts identify such companies as highly speculative and not attempting to value them-- The buyer of such securities is not making an investment, but a bet on a new technology, a new market and a new service-- Winning bets can produce very rich rewards, but they are in an odds-setting rather than a valuation process "

On-line parameters scrutinised
"The importance of Internet businesses in the New World" focused on venture capital funding for the Internet start-ups, the unique trends visible in India and the value that such financiers add to the businesses that they invest in.













- Lead Stories | Corporate | Infrastructure | Commodities | Economy/Finance | BSE Today | NSE/Markets | Strategy | Convergence | After Hours
flame.jpg (1068 bytes) © Copyright 1999: Indian Express Newspaper(Bombay) Ltd. All rights reserved throughout the world.
This entire edition is compiled in Mumbai by The Indian Express Online Media Limited, a division of
The Indian Express Group of Newspapers. Managed by The Indian Express Online Media Limited and hosted by CerfNet.