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To: Tom Caruthers who wrote (77)3/22/2005 12:54:39 AM
From: Tom Caruthers
   of 133
 
Glenn,

Don't know if you have been watching KNOT volume, but it is picking up quite a bit lately, moving KNOT to new 52 week highs. This portends good things. I'd imagine that we will be able to get relisted soon.

Tom

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To: Glenn Petersen who wrote (76)3/28/2005 5:08:48 PM
From: Tom Caruthers
   of 133
 
Yeah! Finally!

biz.yahoo.com

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To: Tom Caruthers who wrote (79)3/28/2005 7:10:22 PM
From: Glenn Petersen
   of 133
 
Great news. That will make a big difference long term.

When I first read your post I thought that someone had made an offer to acquire the company at $12 per share.

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To: Glenn Petersen who wrote (80)3/28/2005 10:55:02 PM
From: Tom Caruthers
   of 133
 
LOL...I wouldn't have said "Yeah!" It would have been some well-chosen words after "Cha-ching!"

Let's hope we get to $12 on our own!

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To: Tom Caruthers who wrote (81)4/3/2005 7:19:29 AM
From: Glenn Petersen
   of 133
 
I couldn't figure out why KNOT popped on Friday, until I picked up my copy of Business Week:

businessweek.com

APRIL 11,

By Gene Marcial

INSIDE WALL STREET

The Knot: Here Come The Brides

Weddings are big business, and The Knot (KNOT ) is a pure player in that hot market. Weddings account for $72 billion in annual domestic retail sales, notes CEO David Liu, who says The Knot's revenues have jumped from $24.1 million in 2001 to $41.4 million in 2004. The company turned profitable in 2003, earning $1 million, or 5 cents a share. In 2004, it made $1.3 million, or 7 cents.

Just six years old, the company provides information, products, and services on its Web site and in its magazines to couples planning to get married. Its services include a registry where engaged couples list their gift preferences at specific stores. The Knot has inked a pact this month with Target (TGT ) for the retailer to offer its products on The Knot Web site, which has one million active members. Target is the largest wedding gift registry retailer. Liu says The Knot's services span the period from engagement to motherhood. Justin Cable of securities firm B. Riley says The Knot's online business showed solid growth in 2004 and should expand again this year. Rob Amman, managing partner at R.K. Capital Management, which owns stock, says the shares, now at 7.20, are cheap, in light of The Knot's rapid growth and high-margin (75%) business. He sees it earning 9 cents a share in 2005 on sales of $50 million. But that will jump to 46 cents next year, he says, on sales of $60 million, due to a widening in the margins and a jump in vendor ads on its Web site and magazines.

Note: Unless otherwise noted, neither the sources cited in Inside Wall Street nor their firms hold positions in the stocks under discussion. Similarly, they have no investment banking or other financial relationships with them.

By Gene G. Marcial

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To: Glenn Petersen who wrote (82)4/4/2005 8:53:52 PM
From: Tom Caruthers
   of 133
 
Thanks Glenn,

That's great, thanks for posting that. I didn't get this week's issue in the mail for some reason. I think people are beginning to understand their revenue potential.

Tom

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To: Tom Caruthers who wrote (83)5/11/2005 11:59:03 PM
From: Tom Caruthers
   of 133
 
KNOT posts Q1 2005 earnings

biz.yahoo.com

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To: Glenn Petersen who wrote (82)5/27/2005 10:28:19 PM
From: Tom Caruthers
   of 133
 
Hi Glenn,

I have picked up some shares at this level after selling some fortunately at the high. I am still a big believer in this concept. I am waiting to pick up a lot more on a retreat to under $6. The stock has violated its support and the volume on up days is very poor.

Tom

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To: Tom Caruthers who wrote (85)8/1/2005 4:01:40 PM
From: Glenn Petersen
   of 133
 
A nice move from KNOT today. Earnings out on August 11. If Federated (is stupid and) dumps its (future) position, you may get an opportunity to add some shares below 6.

NUPTIALS

Take the Plunge: It’s Time to Buy the Knot

The small-cap wedding specialist is registering big gains in online-ad sales.


By Matthew Boyle

Ah, to be young, in love, betrothed—and in a state of panic over where to find the reception hall, the bridesmaids’ dresses, and the DJ. That’s where wedding specialist the Knot (KNOT, $7) comes in. Founded in the dot-com froth of 1996, the Knot not only survived the bubble but has emerged as the web’s go-to spot for nuptials-related content and services. With more than 2.1 million visitors a month, its flagship site (theknot.com) is attracting a passel of advertisers eager to grab their share of the $70 billion that’s spent annually on weddings in this country.

That huge web presence gives this small fry (market value: $155 million) great growth potential. The Knot’s online-ad revenue increased 41% in 2004 and is growing even faster this year. To broaden its appeal, the company recently added sites designed to target newlyweds (thenest.com) and singles (greatboyfriends.com). It also cut a deal with Target’s gift registry—the largest in the U.S., according to NPD Houseworld—to shore up a glaring weak spot in its retail business. KNOT is currently trading at nearly 100 times its previous 12 months’ earnings. But JMP Securities’ Bill Morrison, the lone analyst who covers the Knot, expects profits to jump from 11 cents a share this year to 31 cents in 2006. Based on those projections, KNOT is now trading at a forward P/E of 26. "We think online media is a growth area, and the Knot is the dominant media asset in its niche," says Henry Ellenbogen, co-manager of T. Rowe Price’s highly rated Media & Telecommunications fund, which owns around 200,000 shares of KNOT.

As with any union, though, saying "I do" to the Knot has its risks: Investors should keep a close eye on what occurs once retail giant Federated completes its acquisition of May Co., which has a 16% stake in the Knot. (Federated is a shareholder and partner of WeddingChannel.com, the Knot’s main rival.) Should Federated sell May’s shares on the open market, it could put a damper on KNOT for several months. Still, we think this wedding party is worth crashing.

fortune.com

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From: Glenn Petersen8/11/2005 1:13:27 PM
   of 133
 
Nice quarter:

The Knot Reports Strong Revenue and Net Income Gains for the Second Quarter and First Half of 2005

Thursday August 11, 8:30 am ET

Revenue Growth of 25% in Second Quarter Includes 45% Online Advertising Gain

Reminder: Conference Call Today at 2:30 Dial-In 800-638-7172 (ID#7896103)

NEW YORK--(BUSINESS WIRE)--Aug. 11, 2005-- The Knot, Inc. (NASDAQ: KNOT - News, www.theknot.com - News), a life stage media company offering the premier wedding resource, today reported financial results for its second quarter and six months ended June 30, 2005.

Second Quarter 2005 Results

For the second quarter ended June 30, 2005, The Knot reported net revenues of $13.6 million, up 25% from net revenues of $10.9 million for the second quarter of 2004. The major contributor to the higher revenues was an increase in local and national online advertising, which rose 45% over the prior year. Publishing and other revenues rose over the prior year's quarter by 28%, and merchandise revenue also showed a gain.

"Local online advertising remains a very strong component of our growth, up 56% over the prior year, as we continue to expand our penetration into the local markets" said David Liu, CEO of the Knot. "Our national online advertisers are increasing their average spend with us and we are clearly benefiting from the combination of the power of our brand and the growth in online advertising in general.

The Knot reported net income for the second quarter of 2005 of $1.3 million or $0.06 per basic and $0.05 per diluted share as compared to $182,000, or $0.01 per basic and diluted share in 2004. Total operating expenses in the second quarter included approximately $1.6 million in professional fees related to the Company's current litigation with WeddingChannel.com, Inc. During the second quarter of 2004, these legal fees amounted to $625,000.

"Revenue from retail sales of wedding supplies has improved," Mr. Liu continued, "and we are realizing savings from operating efficiencies established at our distribution center in the past twelve months. We were also pleased with the growth in our local publishing programs in the second quarter."

Last year in the third quarter, the Knot launched TheNest.com, which extends the relationship with its members through the initial years of marriage. "We draw our audience by directing registered couples on TheKnot.com to TheNest.com when they return from their honeymoon," Mr. Liu said. "We are encouraged to see the steady growth in TheNest.com online community over the first half of 2005." According to recent industry statistics from Hitwise, in the month of July, TheNest.com ranked 24th in visits for women's interest sites.

Results for the Six Months Ended June 30, 2005

For the six months ended June 30, 2005, The Knot reported net revenues of $25.5 million and net income of $1.7 million or $0.08 per basic and $0.07 per diluted share compared to net revenues of $20.7 million and net income of $85,000 or $0.00 per basic and diluted share in 2004.

Recent Highlights

In June, The Knot relaunched its recently acquired referral-based online dating websites, GreatBoyfriends.com and GreatGirlfriends.com. The new sites feature the brand's trademark social-networking approach to online dating, a smart design, simple navigation, enhanced profiles and dating editorial from ELLE magazine relationship guru (and site cofounder) E. Jean Carroll. The sites extend The Knot's lifestage media brands and services to a wider audience on the Web.

Also, in June, The Knot announced the appointment to its Board of Directors of Lisa Gersh Hall, President and Chief Operating Officer of The Oxygen Network and Matthew Strauss, Vice President of Content and Development at Comcast. Their experience in media and the development of new media services will be a significant resource to The Knot as it continues to expand its existing business and launch new services for its members.

In May, The Knot teamed with Sony Classical to produce a compilation of ceremony music featuring twenty-nine tracks handpicked by The Knot's Editor in Chief Carley Roney including preludes, processionals, interludes and recessionals from the world's most renowned classical musicians. A one-stop ceremony music solution, the CD is sold exclusively at Target stores and online at TheKnot.com and was promoted through a radio media tour that generated over 655 airings and reached over 32 million listeners.

Also, in May, to leverage the height of the June wedding season, The Knot executed a multi-platform public relations campaign surrounding wedding gift shopping trends and etiquette. Over 15,000 brides and newly married couples participated in a wedding gift poll on TheKnot.com. Carley Roney revealed survey findings and showcased her top gift picks in a 20-city satellite media tour, a 20-city radio media tour, and interviews with the nation's top press outlets, generating over 41 million audience impressions.

AUGUST 11 CONFERENCE CALL AND WEBCAST

The Knot will host a conference call with investors at 2:30 p.m., ET on Thursday, August 11, 2005, to discuss its second quarter 2005 financial results. Participants should dial in 800-638-7172 (# 7896103) at least 10 minutes before the call is scheduled to begin. Participants can also access the live broadcast over the Internet on the Investor Relations section of The Knot Web site, accessible at www.theknot.com/investor-relations.

To access the Web cast, participants should visit The Knot Web site at least 15 minutes prior to the conference call in order to download or install any necessary audio software.

REPLAY INFORMATION

A replay of the webcast will also be archived on The Knot website approximately two hours after the conference call ends for a period of two weeks and will also be available at 800-642-1687 reference # 7896103.

<snip>

biz.yahoo.com

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