phil_ex1

Exhibit 1: Who Needs Profits?

Company name	Stock price	Revenues (000s)	Net income (net loss)	Retained earnings/ (accumulated deficit) (000s)	Market capitalization (000s)	Updated stock price (000s)
	As of 8-23-00	6 months ending 6-30-00	As of 6-30-00	As of 6-30-00	As of 8-23-00	As of 12-15-00
iVillage	7 18	$37,496	($62,426)	($255,314)	210,500	78
Verticalnet	46 12	$81,009	($43,605)	($116,378)	4,047,000	7 2132
Priceline.com	24 78	$665,893	($18,088)	($1,205,662)	4,197,000	1 1316
Infospace	26	$43,578	($114,944)	($213,457)	6,487,000	10 14
Starmedia Network	8 18	$23,820	($79,100)	($228,386)	536,000	2 1516
Edgar Online	3 1332	$4,495	($4,423)	($13,332)	43,200	1916
Amazon.com	36 12	$1,151,765	($625,609)	($1,507,637)	13,412,000	22 78
CDnow	2 6164	$77,601	($60,440)	($234,776)	96,900	N/A*
eToys	4 14	$24,862	($56,957)	($279,916)	518,500	1 132
eBay	56 116	$183,152	$17,878	$45,506	15,048,000	38
* CDnow was purchased by Bertelsmann Music Group (BMG). Quarter ending 6-30-00.

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