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Home > Company Index > Retail > Discount & Variety Retailing > Adatom.com Inc.

Adatom.com Inc.
Nasdaq (SC): ADTM
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 NEWS FROM THE STANDARD
Adatom.com to Cut Staff by 45 Percent
Sep 25 2000 01:48 PM PDT

 PROFILE
Adatom.com has decided its business is healthier without health care. The company acquired publicly traded HealthCore Medical Solutions, a provider of health care services, in 1999 and became a public company as a result. (As part of the deal, it sold the money-losing health operations.) Adatom.com sells products spanning some 30 categories including major appliances, linens, furniture, food, toys, music, and health and beauty aids. Its merchandise is mostly shipped directly from its over 1,000 suppliers (manufacturers and distributors), which helps Adatom.com offer discounts. Adatom.com also offers an e-commerce software program to other businesses. CEO Richard Barton owns about 53% of Adatom.com.

 DEALS
Deal: Adatom.com Teams With DCC
Date Announced: 09.12.00
Value of transaction (US $Mil): 0
Description: Marketplace creator will develop sites with government-services portal network.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 1.00
1-Yr. Sales Growth: 900.0%

 KEY PEOPLE
• Richard S. Barton
    CEO
• Thomas La Rose
    CFO

 CONTACT INFO
920 Hillview Ct., Ste. 160
Milpitas, CA 95035
US
Phone: 408-935-7979
Fax: 408-935-7970
Online: Web Site

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