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  September 5, 2001
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Home > Company Index > Financial Services > Investment Firms > Planet Zanett, Inc.

Planet Zanett, Inc.
Nasdaq (SC): INCU
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 PROFILE
Planet Zanett (formerly BAB Holdings) knows that bagels don't make good life preservers. Drowning in a sea of debt following its expansion, the company switched gears in 2000 with its acquisition of Internet investment firm Planet Zanett Corporate Incubator. Planet Zanett now primarily invests in online businesses developed in conjunction with offline operations, focusing on those that develop products and services that use the Internet such as wireless applications, bricks and mortar transfer, and B2B. It spun off its bagel business to a subsidiary that continues to license or franchise 300 bagel, muffin, and coffee shops under the brands Big Apple Bagels, Brewster's Coffee, and My Favorite Muffin.

 COMPETITION
CMGI, Inc. (CMGI)
Internet Capital Group, Inc. (ICGE)
idealab! (dossier)

 DEALS
Deal: Planet Zanett Increases Stake in GlobeDrive
Date Announced: 02.23.01
Value of transaction (US $Mil): 0
Description: Tech industry development company takes increased ownership in p-to-p file-sharing technology firm.

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 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: November
2000 Sales (mil.): 0.10
1-Yr. Sales Growth: (99.3)%
Employees: 3
Revenue per employee: $33,333.33

 KEY PEOPLE
• David McCarthy
    CEO

 CONTACT INFO
135 E. 57th St.
New York, NY 10022
US
Phone: 212-980-4600
Fax: 212-753-5304
Online: Web Site

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