UK: NETSTORE REVEALS FLOTATION DETAILS
Article Abstract:
Netstore plans to float on 19 April 2000 at GB[pound] 1.50 per share, valuing the UK-based applications service provider (ASP) at GB[pound] 133mn. The valuation is GB[pound] 77mn down on the figure quoted on 6 March 2000 when the flotation was disclosed and the reduction is regarded as a sign of the more discerning approach being taken by fund managers to technology flotations. Netstore, which has an alliance with Microsoft, hosts software using its servers, eradicating the requirement to equip desktop personal computers with software.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: MILLENNIUM BUG DID HAVE SOME IMPACT
Article Abstract:
According to a survey of 1,114 firms conducted by the Office for National Statistics (ONS) in the week to 10 January 2000, 74 reported problems connected with the date change. 33 companies cited computer problems with 15 needing to pay their staff more over the Christmas/New Year period and 22 reporting poor customer demand. Retail firms lost out most in financial terms form the bug, and a fifth of hotel and restaurant trade
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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UK: POLL REVEALS 1 IN 50 FIRMS WORRY ABOUT EURO
Article Abstract:
A poll of 251 large and medium UK businesses, taken by Andersen Consulting in February 1999, has revealed that only 1 in 50 firms believe that the European single currency is a threat. Costs faced by businesses in order to switch to the euro were predicted by these businesses to be between 0 and 0.5%.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2000
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