| | Business Summary | | SoundView
Technology
Group,
Inc.,
formerly
known
as
Wit
SoundView
Group,
Inc.,
is
a
technology-focused
investment
banking
firm
that
provides
services
to
an
institutional
and
issuer
client
base.
SoundView
Technology
was
established
to
address
the
opportunities
and
challenges
posed
by
the
rapidly
changing
economy
and
employ
technology
industry
specialists
who
focus
the
Company's
efforts
and
expertise
on
this
sector.
The
Company
also
seeks
to
develop
investment-banking
products
and
services
that
use
technology
and
the
Internet
to
better
serve
its
issuer
and
institutional
client
needs.
The
Company
seeks
to
be
involved
in
every
aspect
of
the
capital
raising
process,
whether
through
venture
capital
investing
or
public
or
private
equity
financing.
Wit
SoundView
advises
its
clients
in
a
variety
of
areas
ranging
from
business
strategy
to
mergers
and
acquisitions. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | SoundView
Technology
Group,
Inc.
is
a
technology-focused
investment
banking
and
brokerage
firm
that
provides
services
to
an
institutional
and
issuer
client
base.
For
the
six
months
ended
6/30/01,
revenues
decreased
53%
to
$94.6
million.
Net
loss
totaled
$290.4
million
vs.
an
income
of
$9.8
million.
Revenues
reflect
lower
investment
banking
fees
earned
and
increased
unrealized
losses
on
investments.
Loss
also
reflects
$265.1
million
in
impairment
and
other
special
charges. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY2000 Pay | |
| Robert Lessin, 46
Chairman | $6.3M | Mark Loehr, 44
CEO,
Director | 2.7M | Russell Crabs, 43
Pres,
Director | 2.5M | Curtis Snyder, 39
CFO,
Sr. VP | -- | John Palmer, 48
Sr.
VP, CIO | -- | | 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
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/s/sndv.gif)