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Home > Company Index > Diversified Services > Telemarketing, Call Centers & Other Direct Marketing > Student Advantage, Inc.

Student Advantage, Inc.
Nasdaq: STAD
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 NEWS FROM THE STANDARD
CollegeClub to Cash Out
Aug 23 2000 12:24 PM PDT

 PROFILE
Student Advantage helps students through the lean years. The company offers a membership program providing college students discounts on merchandise and services from more than 50 businesses (Amtrak, Tower Records) and 15,000 local merchants. Membership fees run about $20, though free memberships are available to students who buy its co-branded AT&T calling cards (about a third of sales). Student Advantage reaches more than 3 million students through its network of content Web sites, including CollegeClub.com, FANSonly.com, and its flagship Web portal. It also provides outsourced administrative services to about 50 colleges and universities. Chairman, CEO, and founder Raymond Sozzi owns 18% of the company.

 COMPETITION
AroundCampus, Inc. (dossier)
Embark.com, Inc. (dossier)
MemberWorks Incorporated (MBRS)

 DEALS
Deal: Student Advantage Buys CollegeClub.com
Date Announced: 08.22.00
Value of transaction (US $Mil): 18
Description: Education and commerce site buys college students' resource.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 48.00
1-Yr. Sales Growth: 73.9%
Employees: 446
Revenue per employee: $107,623.32

 KEY PEOPLE
• Raymond V. Sozzi
    CEO
• Kenneth S. Goldman
    CFO

 CONTACT INFO
280 Summer St.
Boston, MA 02210
US
Phone: 617-912-2011
Fax: 617-912-2019
Online: Web Site

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