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  September 5, 2001
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Home > Company Index > Specialty Retail > Miscellaneous Retail > BUY.COM INC.

BUY.COM INC.
Nasdaq: BUYX
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 NEWS FROM THE WIRES
Buy.com founder to buy company for 17 cents a share
Aug 10 2001 05:56 PM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
Buy.com Avoids Going Bye-Bye
Aug 24 2001 11:46 AM PDT

After the Bell: Techs Take a Break
May 02 2001 05:05 PM PDT

 PROFILE
Buy what.com you ask? E-tailer BUY.COM sells computers, electronics, music, books, and games. Founded in 1996, BUY.COM made a splash by selling products below cost, but it has since raised prices and shifted focus to its core merchandise categories (electronics and computers). It has also cut staff and sold both its UK operations (to UK department store operator John Lewis Partnership) and Canadian operations. It discontinued offering travel services through a joint venture it had with United Airlines. Japan's SOFTBANK and its affiliates own a controlling stake in the company. Founder Scott Blum, who had gotten into hot water with the SEC prior to founding the company, left in 1999, just before it filed to go public.

 COMPETITION
Amazon.com, Inc. (AMZN)
Best Buy Co., Inc. (BBY)
Circuit City Stores, Inc. (dossier)

 DEALS
Deal: Buy.com Partners With AT&T Wireless
Date Announced: 11.20.00
Value of transaction (US $Mil): 0
Description: Online Internet/computer product retailer to be available through AT&T's wireless shopping portal.

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 TRACKERS
Feb. 28, 2001 - LAYOFF TRACKER
125 laid off
Description: Attempting to become profitable. Also closing its online sports and golf stores.

Feb. 01, 2001 - LAYOFF TRACKER
25 laid off
Description: Discontinuing its Canadian site and selling its U.K. division. Planning to have a positive cash flow by fourth quarter 2001. Layoffs represent a 10% staff reduction

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 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 787.70
1-Yr. Sales Growth: 32.0%
Employees: 258
Revenue per employee: $3,053,100.78

 KEY PEOPLE
• James B. Roszak
    CEO
• Robert R. Price
    CFO

 CONTACT INFO
85 Enterprise
Aliso Viejo, CA 92656
US
Phone: 949-389-2000
Fax: 949-389-2800
Online: Web Site

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