February 15, 2001 |
Theglobe.com, a 1998 Internet IPO that helped spark the mania for the sector, said it received a Nasdaq market notice that the company fails to comply with the minimum bid price requirement for continued listing of its stock. That could lead to delisting from the Nasdaq National Market. The company, whose shares (ticker symbol: TGLO) closed at 53 cents Wednesday, down 3.
November 14, 1998 |
An Internet-related company's new stock offering Friday set a record for a first-day price gain, capping one of the wildest weeks ever for the red-hot Net stock sector. After being priced at $9 to initial buyers Thursday, shares of Theglobe.com Inc., an as-yet-unprofitable company that helps people set up World Wide Web pages, shot up 606% to end at $63.50 on Nasdaq on Friday. The surge eclipsed the previous initial public offering one-day price record set by fellow Internet firm Broadcast.
February 7, 2000 |
Theglobe.com, a Web site built on the concept of an Internet "community" with online chat, games and personal home pages, burst into prominence Nov. 13, 1998. That day its stock scored the then-biggest opening-day gain in market history--a jaw-dropping 606%. Todd Krizelman and Stephan Paternot, college roommates at Cornell University when they founded Theglobe.com in 1995, immediately became Gen-X moguls for the Internet economy.
May 29, 2000 |
A new wave of companies is steadily staking claim to a piece of the communications future. For now, these promising firms are mostly hidden among a glut of "dot-com" ventures. That obscurity, however, is not likely to last. That's because this group of companies is harnessing the power of next-generation networks that carry phone and Internet traffic together, making possible a host of new services that combine the strengths of both phones and computers.
April 30, 2000
Theglobe.com wishes to clarify Joseph Menn's article "Web Firms May Vastly Inflate Claims of 'Hits' " [April 17], which, however unintentional, was misleading to readers. The article stated that DoubleClick did not agree to have its audience estimates be included in Theglobe.com's SEC filing. But Theglobe.com received documentation from DoubleClick in a letter dated April 8, 1999, granting Theglobe.com permission to use the name of its ad serving solution, DART, in Theglobe.com's SEC filings.