UKNM: the auditor cometh...

[Aidan Cook]

Afternoon all,


I read that Scoot.com was under some pressure from a major investor to

have its subscriber-base externally audited (i.e., if a company has

500,000 subscribers, how does it define 'a subscriber'?).


Does anyone know if this is going ahead, and can anyone else describe how

they define 'a subscriber'? (Criteria such as spending, repeat visits, use

of free services, whatever).



Oh, and on the subject of auditors, a KPMG person made a point concerning

over-valuation to me the other day that made me stroke my chin for five

minutes - I'd welcome any comments on its veracity:


	E-toys has a higher value than Toys R Us, and yet the latter are currently

	selling more toys online than e-toys, never mind what's going out

	of their shops. 


ta,


Aidan 

(Sense Internet) 



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