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Subject: Re: UKNM: OK - own up...
From: John Blower
Date: Mon, 1 Nov 1999 12:01:54 GMT

In a mail timed and dated 12:16 PM 10/29/1999 +0100, the talented List
Check took the time to write:
>Is this the same boo.com which still hasn't launched months after deadline?


See below...

(with thanks to Peter Ireland of Peter Ireland & Associates
Business Sales & Acquisitions - Business Valuations
http://www.city-of-industry.com)

VC Term or Phrase English Translation

Acquisition strategy...the current products have no market
Basically on plan...revenue shortfall of 25 percent
Bio-tech business model....potentially bigger fools have been identified
Considerably ahead of plan...hit plan in one of the last three months
Core business...obsolete product line
Currently revising the budget...financial plan is in total chaos
Cyclical industry...posted a huge loss last year
Entrepreneurial CEO...totally uncontrollable, bordering on maniacal
Ingredients are there....given two years we might find a workable
strategy
Investing heavily in R&D...trying desperately to catch the competition
Limited downside...it can't get much worse
Long selling cycle...yet to find a customer who likes the product
Major opportunity...last chance
Niche strategy....a small-time player
On a manufacturing learning curve....can't make the product with positive
margins
Possibility of a slight shortfall....a revenue shortfall of 50 percent
Repositioning the business...multimillion-dollar investment recently
written off
Somewhat below the plan....revenue shortfall of 75 percent
Strategic investor....investor who will pay a preposterous valuation
Too early to tell....results to date have been grim
Turnaround opportunity.....lost cause
Unique....no more than six competitors
Upgrading the management team....the organization is in complete disarray
Volume sensitive....massive fixed costs
Well below plan....an outright, unmitigated disaster
Window of opportunity....without more money, the company is dead
Work closely with the management...talk to them on the phone once a month

Toodle Pip!

John Blower/FeNiKs Business Communications
795 Mammoth Rd, #23, Manchester, NH 03104
V: 603 668 5601 F: 707 220 7490
Trainer at Large/Ace Copywriter
http://www.feniks.com/ johnatfeniks [dot] com (mailto:johnatfeniks [dot] com)
LessText at a Discount
http://www.feniks.com/lesstext.html

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