UKNM: Jungle Bailout?

[Steve Johnston]

Oh, how the dot com ambitions have fallen.


Jungle.com sold to Great Universal Stores for �37 million. Against a

hoped-for float value of �750 million.


Compare:


A. Sept 2000 - Jungle.com - 370,000 customers - �37 million


B. June 1998 - Internet Bookshop (bookshop.co.uk) - 70,000 customers - �9

million (to WHSmith in case you don't remember)


= Jungle Bailout.


A shop's a shop afterall - and who wants to be a shopkeeper.


Steve.

----------------------------------------

stevejohnston [dot] co [dot] uk

t: +44 (0) 7050 6050 33

f: +44 (0) 8707 3455 33

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