| Business Summary | | FairMarket,
Inc.
develops
and
delivers
e-business
selling
and
marketing
solutions
for
traditional
retailers,
distributors
and
manufacturers,
as
well
as
for
Internet
portals
and
Web
communities
primarily
engaged
in
e-commerce.
These
hosted,
scalable
solutions,
built
upon
the
Company's
proprietary
dynamic
pricing
software,
are
designed
to
help
clients
maximize
price
yield
and
promote
their
brands.
FairMarket
works
with
customers
at
any
point
along
the
demand
chain.
The
Company's
software
is
designed
for
rapid
deployment
and
integrates
with
existing
customer
Websites
and
back
office
systems.
FairMarket's
services
are
used
in
four
primary
areas,
which
include
retail
and
discount
clearance,
business-to-business
surplus,
promotions
and
interactive
marketing,
and
outsourced
auctions
and
e-commerce
to
portals
and
other
Web
communities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FairMarket,
Inc.
develops
and
delivers
e-business
selling
and
marketing
solutions
for
retailers,
distributors
and
manufacturers.
For
the
six
months
ended
6/30/01,
revenues
rose
13%
to
$5.7
million.
Net
loss
decreased
4%
to
$24.5
million.
Revenues
reflect
a
general
price
increase
and
a
shift
in
business
mix.
Loss
was
partially
offset
by
increased
costs
related
to
stock-based
compensation
and
a
$1.7
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Scott Randall, 38 Chairman | $224K | -- | Nanda Krish, 39 Interim
CEO | -- | -- | Janet Smith, 43 Interim
Pres, CFO | -- | -- | Matthew Ackley, 33 VP-
Professional Services | 139K | $99K | Jeffrey Meyer, 46 VP-engineering | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|