| Business Summary | | PeoplePC
Inc.
sells
a
bundle
of
products
and
services
including
a
brand-name
computer
system,
unlimited
Internet
access,
customer
support,
and
other
benefits
to
new
members.
The
Company's
mission
is
to
make
it
easier
for
individuals
to
get
more
out
of
technology
and,
in
the
course
of
doing
so,
to
create
a
valuable
long-term
relationship
with
them.
PeoplePC's
members
come
to
the
Company
either
directly
as
individual
consumers
or,
increasingly,
through
corporations
and
other
organizations
that
have
an
interest
in
building
online
communications
with
their
employees
and
customers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PeoplePC
Inc.
provides
an
affordable
and
convenient
three-year
membership
package
that
includes
a
brand-name
computer,
umlimited
Internet
access,
customer
support,
an
in-home
warranty
and
access
to
its
buyer's
club.
For
the
three
months
ended
3/31/01,
revenues
totaled
$37.3
million,
up
from
$7.9
million.
Net
loss
rose
7%
to
$36.2
million.
Results
reflect
increased
membership
revenues,
offset
by
increased
general
and
administrative
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
42,707;
after
tax
earnings
were
-26,813. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Nick Grouf, 32 Chairman,
CEO | $309K | J. Michael Glogowsky, 53 Interim
CFO | -- | Daniel Kohler, 44 COO,
Exec. VP, International | 300K | Wayne Gattinella, 48 Exec.
VP, Americas and CMO | 187K | Charles Ortmeyer, 50 VP,
Gen. Counsel | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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