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  September 5, 2001
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Home > Company Index > Telecommunications > Internet & Online Service Providers > rStar Corporation

rStar Corporation
Nasdaq: RSTR
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 PROFILE
rStar Networks (formerly ZapMe!, and before that, Satellite Online Solutions) has switched from free to fee. The company's old business plan -- which provided free computers and Internet service for schools -- was repeatedly zapped by consumer advocates because it included running banner ads and monitoring students' Web surfing habits for data, which it sold to advertisers. rStar has shifted its focus to fee-paid high-speed Internet access, via satellite, for corporate, education, and user community clients. Its operations include data delivery and networking services. Israeli satellite communications operator Gilat Satellite Networks owns 51% of rStar.

 COMPETITION
America Online, Inc. (dossier)
DIRECTV, Inc. (dossier)
EchoStar Communications Corporation (DISH)

 DEALS
Deal: Gilat Satellite Networks Buys ZapMe
Date Announced: 10.03.00
Value of transaction (US $Mil): 50
Description: Networking firm buys 51 percent of school connectivity service.

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 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.10
1-Yr. Sales Growth: (96.0)%
Employees: 139
Revenue per employee: $719.42

 KEY PEOPLE
• Lance Mortensen
    CEO
• Robert J. Edwards
    CFO

 CONTACT INFO
3000 Executive Parkway, Ste. 150
San Ramon, CA 94583
US
Phone: 925-543-0300
Fax: 925-543-0301
Online: Web Site

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