Bond & Pecaro Finds the Value in Technology; CyberValuation 2002 Examines 971 Recent Transactions.Business Editors/Hi-Tech Writers WASHINGTON--(BUSINESS WIRE)--May 7, 2002 Bond & Pecaro, Inc., a Washington, DC-based consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , has released its fourth annual in-depth study of technology company values. From Telecom to software, rarely have technology company valuation declines been as acute as during 2001. Buyers and sellers continue to ask "Are there bargains now or do we wait until stability is clearly visible?" CyberValuation 2002 investigates technology company mergers, acquisitions, and IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. activity in 2001 to provide a roadmap of trends and valuation benchmarks. Company principal Jeff Anderson notes that, "In some cases, valuations remain high despite a virtual freefall in the capital markets. Large and small technology companies are hunkered down in survival mode desperate to improve cash flow. Valuations will be volatile as long as cash flows continue to fluctuate." CyberValuation 2002 provides analysis and commentary on key technology-related business transactions, providing valuation multiples and detailed summaries for all the critical deals in the ISP/Portal, B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B. , B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business , Infrastructure, and Telecom sectors. Bond & Pecaro has developed an innovative index of key players in each of these sectors, providing a convenient snapshot (1) A saved copy of memory including the contents of all memory bytes, hardware registers and status indicators. It is periodically taken in order to restore the system in the event of failure. (2) A saved copy of a file before it is updated. of the state of the industry. A summary of selected findings by segment is as follows:
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ISPs/ Infra-
Portals B2C B2B structure Telecom
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Aggregate Range
of Weighted
Average Trailing
Revenue Multiples 2 - 4x 0.5 - 1.0x 1.0 - 1.5x 1 - 2x 2 - 4x
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Range of Weighted
Average Trailing
Revenue Multiples
for IPOs N/A N/M(1) N/M 2 - 4x N/M
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Range of Weighted
Average Trailing
Revenue Multiples
for M&A
Transactions 2 - 4x 0.5 - 1.0x 1.0 - 1.5x 1 - 2x 2 - 4x
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Range of Weighted
Average Unique
Monthly Visitor
Multiples $30-$55 N/A N/A N/A N/A
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Capturing a year's worth of data in a single volume, CyberValuation 2002 serves as an invaluable reference tool for industry professionals. However, the technology industry is anything but static, and in recognition of the rapid pace of technology turnover, Bond & Pecaro has relaunched CyberValuation.com. This Web site tracks current tech transactions in real time and contains a database of historical information from our previous CyberValuation studies. Located at www.CyberValuation.com, the new site supports interactive searches of technology company mergers and IPOs. Other features include Current Market Data & Research with up-to-date financial information and valuation multiples for thousands of public companies. About Bond & Pecaro, Inc. Bond & Pecaro provides valuation, financial, and strategic consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to major players in the technology, broadcasting, cable television, media, and publishing industries. In recent years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time firm has focused on emerging technologies, such as new media and technology-based businesses. Bond & Pecaro's professionals have appraised over 4,000 media and technology concerns. Firm members have extensive experience in market research, valuation-related tax matters, financial and economic analysis, and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. support. For additional information about Bond & Pecaro, please call Jeff Anderson at 202/775-8870 or visit www.CyberValuation.com or www.BondPecaro.com. (1) In cases where results were found to be immaterial Not essential or necessary; not important or pertinent; not decisive; of no substantial consequence; without weight; of no material significance. immaterial adj. due to limited data, "N/M N/M Not Meaningful N/M Nevermind N/M No Message N/M Newton Per Meter N/M Nuthin' Much " is used to denote de·note tr.v. de·not·ed, de·not·ing, de·notes 1. To mark; indicate: a frown that denoted increasing impatience. 2. that the outcome is not meaningful. |
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