Downside's Deathwatch

Charts from NASDAQ.

About Deathwatch

Write us at info@downside.com

Downside deathwatch

Countdown to collapse.

Downside's Deathwatch is a cash-flow analysis. The death date is simply the day the company will run out of cash, based on their reported liquid assets and loss rate. When the cash runs out, something bad for stockholders has to happen.

Deathwatch is an automated screen, based on the company's 10-K and 10-Q filings in the SEC's EDGAR database as of January 1, 2001. This is a historical record of the dot-com bubble of 1999-2001.

FLASHNET COMMUNICATIONS INC (FLAS)
Death date: Apr 4, 2000
Acquired cheap by Prodigy.
Based on data for JAN-01-2000 to MAR-31-2000

VALUE AMERICA INC /VA (VUSA)
Death date: Jun 9, 2000
Bankrupt.
Based on data for JAN-01-2000 to MAR-31-2000

ONEMAIN COM INC (ONEM)
Death date: Jul 4, 2000
Being acquired by EarthLink.
Based on data for MAR-01-2000 to JUN-30-2000

KANAKARIS WIRELESS (KKRS)
Death date: Jul 14, 2000

Based on data for OCT-01-1999 to JUN-30-2000

MEDSCAPE INC (MSCP)
Death date: Jul 18, 2000
Merged into Medical Logic (MDLI).
Based on data for DEC-31-1999 to MAR-31-2000

PILOT NETWORK SERVICES INC (PILT)
Death date: Aug 16, 2000
Securities fraud alleged. Many class actions pending against the company.
Based on data for APR-01-2000 to JUN-30-2000

OPEN MARKET INC (OMKT)
Death date: Sep 30, 2000
Bad data. Firm reported zero cash to the SEC in their Financial Data Schedule for Q3 2000. But they're in the tank anyway.
Based on data for JUL-01-2000 to SEP-30-2000

NEXTCARD INC (NXCD)
Death date: Sep 30, 2000
Reported zero cash in their 10-Q for 1Q2000. Probably an error.
Based on data for Jan-01-2000 to Sep-30-2000

CONVERGENT COMMUNICATIONS INC /CO (CONV)
Death date: Sep 30, 2000
Bad data. Firm reported zero cash to the SEC in their Financial Data Schedule for Q3 2000. Will be delisted from NASDAQ small-cap market on April 17, 2001.
Based on data for JUN-30-2000 to SEP-30-2000

AUDIO HIGHWAY-COM (AHWY)
Death date: Oct 5, 2000
Bankrupt January 11, 2001.
Based on data for JUL-01-2000 to SEP-30-2000

MEDINEX SYSTEMS INC (MDNX)
Death date: Oct 10, 2000
Selling off some business operations.
Based on data for JUL-1-2000 to SEP-30-2000

BLUEFLY INC (BFLY)
Death date: Oct 15, 2000
Equity-to-debt conversion underway via Soros Private Equity Partners.
Based on data for Dec-30-1999 to SEP-30-2000

INTERNET AMERICA INC (GEEK)
Death date: Oct 23, 2000
Almost a penny stock. CEO set up golden parachute scheme for self in September 2000.
Based on data for JUL-01-2000 to SEP-30-2000

BIZNESS ONLINE COM (BIZZ)
Death date: Oct 24, 2000
Delisted from NASDAQ NMS on October 2, 2000. Unable to service debt.
Based on data for JUL-01-2000 to SEP-30-2000

CLAIMSNET COM INC (CLAI)
Death date: Oct 24, 2000
Refinancing, diluting, and hanging on.
Based on data for JAN-01-2000 to SEP-30-2000

GENESISINTERMEDIA COM INC (GENI)
Death date: Oct 25, 2000
Hanging on for now. Selling their marketing database to YesMail.
Based on data for JAN-01-2000 to SEP-30-2000

HOMECOM COMMUNICATIONS INC (HCOM)
Death date: Oct 31, 2000
Delisted from NASDAQ December 7, 2000.
Based on data for Dec-30-1999 to SEP-30-2000

U S INTERACTIVE INC/PA (USIT)
Death date: Oct 31, 2000
New CEO, closing offices, cutting back and filing late. At penny-stock prices.
Based on data for APR-01-2000 to JUN-30-2000

PLANETRX COM (PLRX)
Death date: Nov 11, 2000
Cutting back, still losing money rapidly, attempting a private equity deal, forgiving big "loan" to an "employee", reverse split 8 to 1, changed ticker symbol to PLRXD, and still a penny stock.
Based on data for JAN-01-2000 to JUN-30-2000

AT HOME CORP (ATHM)
Death date: Nov 14, 2000
Partially owned by AT&T, with which they have a business relationship. Hard to analyze as an independent company.
Based on data for JAN-01-2000 to SEP-30-2000

CYBERCASH INC (CYCH)
Death date: Nov 16, 2000
Bankrupt March 2, 2001.
Based on data for Dec-01-1999 to JUN-01-2000

ZIPLINK INC (ZIPL)
Death date: Nov 16, 2000
Ceased operations on November 17, 2000, right on schedule.
Based on data for JAN-1-2000 to SEP-30-2000

LUMINANT WORLDWIDE CORP (LUMT)
Death date: Nov 24, 2000
Refinanced, but it didn't help.
Based on data for JAN-01-2000 to SEP-30-2000

24/7 MEDIA INC (TFSM)
Death date: Nov 30, 2000
Selling assets and laying off employees.
Based on data for JAN-01-2000 to SEP-30-2000

CAIS INTERNET INC (CAIS)
Death date: Dec 4, 2000
Selling off assets and taking on debt to survive.
Based on data for JAN-01-2000 to SEP-30-2000

VOYAGER NET INC (VOYN)
Death date: Dec 8, 2000
Acquired cheaply by CoreComm.
Based on data for JAN-01-2000 to JUN-30-2000

INTERNET PICTURES CORP (IPIX)
Death date: Dec 9, 2000

Based on data for JAN-01-2000 to SEP-30-2000

COBALT GROUP INC (CBLT)
Death date: Dec 11, 2000
Company objects to being listed on Deathwatch. Warburg Pinkus has assisted with another round of equity funding, providing 15ドルM in October 2000. Operating losses for Q3 2000 were 16ドルM, so that covers about three months more of losses.
Based on data for JUL-01-2000 to SEP-30-2000

ROWECOM INC (ROWE)
Death date: Dec 17, 2000
Taking on debt to survive.
Based on data for JUL-01-2000 to SEP-30-2000

MEDICALOGIC/MEDSCAPE INC (MDLI)
Death date: Dec 23, 2000

Based on data for JAN-01-2000 to SEP-30-2000

ENGAGE INC (ENGA)
Death date: Dec 26, 2000

Based on data for AUG-01-2000 to OCT-31-2000

IVILLAGE INC (IVIL)
Death date: Dec 26, 2000

Based on data for JAN-01-2000 to SEP-30-2000

LOISLAW COM INC (LOIS)
Death date: Dec 26, 2000
Acquired cheaply by Wolters Kluwer
Based on data for JAN-01-2000 to SEP-30-2000

TICKETMASTER ONLINE CITYSEARCH INC (TMCS)
Death date: Dec 30, 2000

Based on data for JAN-01-2000 to SEP-30-2000

SPORTSLINE COM INC (SPLN)
Death date: Jan 7, 2001

Based on data for Jun-30-2000 to SEP-30-2000

QUEPASA COM INC (PASA)
Death date: Jan 7, 2001
Trading halted December 27, 2000. In liquidation.
Based on data for Dec-30-1999 to SEP-30-2000

VITAMINSHOPPE COM INC (VSHP)
Death date: Jan 11, 2001

Based on data for JUL-01-2000 to SEP-30-2000

THEGLOBE COM INC (TGLO)
Death date: Jan 11, 2001

Based on data for JAN-01-2000 to SEP-30-2000

SALON COM (SALN)
Death date: Jan 14, 2001
Company's 10-Q filing for Q3 2000 is inconsistent. The Financial Data Schedules and text tables disagree. Company has been advised of their error.
Based on data for JUL-01-2000 to SEP-30-2000

PERFICIENT INC (PRFT)
Death date: Jan 16, 2001

Based on data for JAN-01-2000 to SEP-30-2000

ARIBA INC (ARBA)
Death date: Jan 19, 2001

Based on data for OCT-01-1999 to JUN-30-2000

VISUAL DATA CORP (VDAT)
Death date: Jan 20, 2001

Based on data for OCT-01-1999 to JUN-30-2000

GARDEN COM INC (GDEN)
Death date: Jan 21, 2001
Going out of business November 18, 2000.
Based on data for JUL-01-2000 to SEP-30-2000

IXL ENTERPRISES INC (IIXL)
Death date: Jan 23, 2001

Based on data for JAN-01-2000 to SEP-30-2000

APPNET INC /DE/ (APNT)
Death date: Jan 25, 2001
Merged with Commerce One
Based on data for JAN-01-2000 to JUN-30-2000

MAIL COM INC (MAIL)
Death date: Jan 31, 2001

Based on data for JAN-01-2000 to SEP-30-2000

APPLIEDTHEORY CORP (ATHY)
Death date: Feb 2, 2001

Based on data for JUN-30-2000 to SEP-30-2000

US SEARCH CORP COM (SRCH)
Death date: Feb 4, 2001

Based on data for JAN-01-2000 to SEP-30-2000

WEBMD CORP /NEW/ (HLTH)
Death date: Feb 5, 2001
Acquired cheap by WebMD.
Based on data for JAN-01-2000 to SEP-30-2000

WOMEN COM NETWORKS INC (WOMN)
Death date: Feb 5, 2001

Based on data for JUL-01-2000 to SEP-30-2000

E STAMP CORP (ESTM)
Death date: Feb 11, 2001

Based on data for JAN-01-2000 to SEP-30-2000

CROSSWALK COM (AMEN)
Death date: Feb 15, 2001
Hanging on.
Based on data for JUL-01-2000 to SEP-30-2000

E LOAN INC (EELN)
Death date: Feb 20, 2001

Based on data for Jan-01-2000 to Sep-30-2000

ITURF INC (TURF)
Death date: Feb 25, 2001
Acquired by dELiA*s Corp (DLIA).
Based on data for JAN-30-2000 to OCT-28-2000

PSINET INC (PSIX)
Death date: Feb 27, 2001

Based on data for JAN-01-2000 to SEP-30-2000

ACCRUE SOFTWARE INC (ACRU)
Death date: Mar 2, 2001

Based on data for APR-01-2000 to SEP-30-2000

RAMP NETWORKS INC (RAMP)
Death date: Mar 2, 2001

Based on data for Jan-01-2000 to Sep-30-2000

INTERWORLD CORP (INTW)
Death date: Mar 4, 2001

Based on data for JAN-01-2000 to SEP-30-2000

DRKOOP COM INC (KOOP)
Death date: Mar 4, 2001
Several takeovers have been discussed, but nothing solid yet.
Based on data for JAN-01-2000 to SEP-30-2000

JUNO ONLINE SERVICES INC (JWEB)
Death date: Mar 5, 2001

Based on data for JAN-01-2000 to SEP-30-2000

NETCENTIVES INC (NCNT)
Death date: Mar 9, 2001

Based on data for JAN-01-2000 to SEP-30-2000

BOTTOMLINE TECHNOLOGIES INC /DE/ (EPAY)
Death date: Mar 11, 2001

Based on data for JUL-01-2000 to SEP-30-2000

BANKRATE INC (ILIF)
Death date: Mar 12, 2001
Ticker symbol change to RATE, where it's a penny stock.
Based on data for JAN-01-2000 to SEP-30-2000

V ONE CORP/ DE (VONE)
Death date: Mar 12, 2001

Based on data for JAN-01-2000 to SEP-30-2000

S1 CORP /DE/ (SONE)
Death date: Mar 14, 2001

Based on data for JAN-01-2000 to SEP-30-2000

VERISIGN INC/CA (VRSN)
Death date: Mar 14, 2001
Their income looks bad due to recent acquisition costs. This may be an accounting anomaly.
Based on data for JAN-01-2000 to SEP-30-2000

LITRONIC INC (LTNX)
Death date: Mar 14, 2001

Based on data for JAN-01-2000 to SEP-30-2000

PRICELINE COM INC (PCLN)
Death date: Mar 18, 2001
Company objects strongly to being listed on Deathwatch. Their write-off of a big warrant in WebHouse (a non-cash item) gave them a big paper loss. This makes them appear to have a cash flow problem. We suggest reading their 10-Q filing for Q3 2000 in detail.
Based on data for JAN-01-2000 to SEP-30-2000

USINTERNETWORKING INC (USIX)
Death date: Mar 21, 2001

Based on data for Dec-30-1999 to SEP-30-2000

ETOYS INC (ETYS)
Death date: Apr 1, 2001

Based on data for APR-01-2000 to SEP-30-2000

MUSICMAKER COM INC (HITS)
Death date: Apr 13, 2001
In liquidation as of January 3, 2001.
Based on data for JAN-01-2000 to SEP-30-2000

INTRAWARE INC (ITRA)
Death date: Apr 15, 2001

Based on data for MAR-01-2000 to AUG-31-2000

GOTO COM INC (GOTO)
Death date: Apr 16, 2001

Based on data for JAN-01-2000 to SEP-30-2000

NAVISITE INC (NAVI)
Death date: Apr 18, 2001

Based on data for AUG-01-2000 to OCT-31-2000

LAUNCH MEDIA INC (LAUN)
Death date: Apr 24, 2001

Based on data for JUL-01-2000 to SEP-30-2000

QUOKKA SPORTS INC (QKKA)
Death date: May 1, 2001

Based on data for JAN-01-2000 to SEP-30-2000

MP3 COM INC (MPPP)
Death date: May 6, 2001

Based on data for JAN-01-2000 to JUN-30-2000

CRITICAL PATH INC (CPTH)
Death date: May 10, 2001

Based on data for JAN-01-2000 to SEP-30-2000

PHONE COM INC (PHCM)
Death date: May 16, 2001
Name change to Openwave (OPWV).
Based on data for JUL-01-2000 to SEP-30-2000

TALK CITY INC (TCTY)
Death date: May 16, 2001

Based on data for JAN-01-2000 to SEP-30-2000

E PIPHANY INC (EPNY)
Death date: May 17, 2001

Based on data for JAN-01-2000 to SEP-30-2000

AUDIBLE INC (ADBL)
Death date: May 24, 2001

Based on data for JUL-01-2000 to SEP-30-2000

CALICO COMMERCE INC/ (CLIC)
Death date: Jun 8, 2001

Based on data for JUL-01-2000 to SEP-30-2000

HEADHUNTER NET INC (HHNT)
Death date: Jun 23, 2001

Based on data for JAN-01-2000 to SEP-30-2000

JFAX COM INC (JFAX)
Death date: Jun 25, 2001
Changed name to J2 Global Communications (JCOM). Didn't help.
Based on data for JAN-01-2000 to SEP-30-2000

DRUGSTORE COM INC (DSCM)
Death date: Jun 26, 2001

Based on data for JAN-01-2000 to OCT-01-2000

CAREERBUILDER INC (CBDR)
Death date: Jun 26, 2001
Merged with CareerPath.
Based on data for JAN-01-2000 to JUN-30-2000

CMGI INC (CMGI)
Death date: Jun 27, 2001
Their press releases claim more cash than their SEC filings support. Late with Q2 2000 10-Q filing.
Based on data for AUG-01-2000 to OCT-31-2000

DIGITAL RIVER INC /DE (DRIV)
Death date: Jun 28, 2001

Based on data for JAN-01-2000 to SEP-30-2000

BREAKAWAY SOLUTIONS INC (BWAY)
Death date: Jun 30, 2001

Based on data for JAN-01-2000 to SEP-30-2000

EGAIN COMMUNICATIONS CORP (EGAN)
Death date: Jun 30, 2001

Based on data for JUL-01-2000 to SEP-30-2000

PEAPOD INC (PPOD)
Death date: Jul 2, 2001
Acquired (51%) by Royal Ahold.
Based on data for JAN-01-2000 to SEP-30-2000

INTERLIANT INC (INIT)
Death date: Jul 9, 2001

Based on data for JAN-01-2000 to SEP-30-2000

AMAZON COM INC (AMZN)
Death date: Jul 10, 2001

Based on data for JAN-01-2000 to SEP-30-2000

FATBRAIN COM INC (FATB)
Death date: Jul 12, 2001
Acquired cheap by Barnes and Noble
Based on data for MAY-01-2000 to JUL-31-2000

HIGH SPEED ACCESS CORP (HSAC)
Death date: Jul 17, 2001

Based on data for Dec-30-1999 to SEP-30-2000

ASK JEEVES INC (ASKJ)
Death date: Jul 18, 2001

Based on data for Dec-30-1999 to SEP-30-2000

NETRADIO CORP (NETR)
Death date: Jul 25, 2001

Based on data for Dec-30-1999 to SEP-30-2000

NETWORK COMMERCE INC (SPNW)
Death date: Aug 6, 2001
Acquired cheaply by Network Commerce.
Based on data for JAN-01-2000 to SEP-30-2000

ALLOY ONLINE INC (ALOY)
Death date: Aug 14, 2001

Based on data for Jan-31-2000 to OCT-31-2000

DELIAS INC (DLIA)
Death date: Aug 20, 2001

Based on data for JAN-30-2000 to JUL-29-2000

VIGNETTE CORP (VIGN)
Death date: Sep 13, 2001

Based on data for Dec-30-1999 to SEP-30-2000

INSWEB CORP (INSW)
Death date: Sep 15, 2001

Based on data for JAN-01-2000 to SEP-30-2000

N2H2 INC (NTWO)
Death date: Sep 16, 2001

Based on data for OCT-01-1999 to JUN-30-2000

AUTOWEB COM INC (AWEB)
Death date: Sep 26, 2001

Based on data for JAN-01-2000 to SEP-30-2000

VIADOR INC (VIAD)
Death date: Sep 29, 2001

Based on data for JUL-01-2000 to SEP-30-2000

DIGEX INC/DE (DIGX)
Death date: Oct 25, 2001

Based on data for JAN-01-2000 to SEP-30-2000

DSL NET INC (DSLN)
Death date: Oct 27, 2001

Based on data for JAN-01-2000 to SEP-30-2000

WORLDGATE COMMUNICATIONS INC (WGAT)
Death date: Nov 27, 2001

Based on data for JAN-01-2000 to SEP-30-2000

DIGITAL LAVA INC (DGV)
Death date: Nov 27, 2001
Delisted from AMEX. Now trading as (DGLV) on NASDAQ.
Based on data for Jan-01-2000 to Sep-30-2000

ZAPME CORP (IZAP)
Death date: Nov 29, 2001

Based on data for JAN-01-2000 to SEP-30-2000

CYBERIAN OUTPOST INC (COOL)
Death date: Dec 21, 2001

Based on data for MAR-1-2000 to AUG-31-2000

TOWNPAGESNET COM PLC (TPN)
Death date: Jan 16, 2002
A non-US company; no longer required to submit SEC Financial Data Schedules. At penny-stock prices anyway.
Based on data for Jan-1-2000 to Sep-1-2000

EARTHWEB INC (EWBX)
Death date: Jan 18, 2002

Based on data for JUL-01-2000 to SEP-30-2000

VERTICALNET INC (VERT)
Death date: Jan 18, 2002

Based on data for JAN-01-2000 to SEP-30-2000

STAMPS COM INC (STMP)
Death date: Jan 19, 2002

Based on data for JUL-01-2000 to SEP-30-2000

MAPQUEST COM INC (MQST)
Death date: Feb 3, 2002

Based on data for JAN-01-2000 to MAR-31-2000

ONLINE RESOURCES & COMMUNICATIONS CORP (ORCC)
Death date: Feb 4, 2002

Based on data for JAN-01-2000 to SEP-30-2000

THESTREET COM (TSCM)
Death date: Feb 18, 2002

Based on data for Dec-30-1999 to JUN-30-2000

LOG ON AMERICA INC (LOAX)
Death date: Mar 2, 2002

Based on data for JAN-01-2000 to SEP-30-2000

INFONAUTICS INC (INFO)
Death date: Mar 11, 2002

Based on data for Jan-01-2000 to Sep-30-2000

COMMERCE ONE INC (CMRC)
Death date: Mar 16, 2002

Based on data for JUL-01-2000 to SEP-30-2000

QUOTESMITH COM INC (QUOT)
Death date: Mar 24, 2002

Based on data for JAN-01-2000 to SEP-30-2000

DIGITAL ISLAND INC (ISLD)
Death date: Mar 27, 2002

Based on data for APR-01-2000 to JUN-30-2000

NETWORK 1 SECURITY SOLUTIONS INC (NSSI)
Death date: Apr 13, 2002

Based on data for JAN-01-2000 to SEP-30-2000

INTERNAP NETWORK SERVICES CORP/WA (INAP)
Death date: Apr 17, 2002

Based on data for JAN-01-2000 to SEP-30-2000

PERSISTENCE SOFTWARE INC (PRSW)
Death date: Apr 17, 2002

Based on data for JUL-01-2000 to SEP-30-2000

MODEM MEDIA INC (MMPT)
Death date: May 2, 2002

Based on data for JAN-01-2000 to SEP-30-2000

COVAD COMMUNICATIONS GROUP INC (COVD)
Death date: May 12, 2002

Based on data for Jan-01-2000 to Sep-30-2000

CNET NETWORKS INC (CNET)
Death date: May 25, 2002

Based on data for JAN-01-2000 to Sep-30-2000