Word: webbed
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Dates: during 1990-1999
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...Shemmer already has a list of potential targets this morning, compiled from every possible source--ads, word-of-mouth from friends, industry newsletters, random searches on the Web, even advice from competitors. Creativity pays off. One analyst hunts down computer science majors at MIT to find out where graduates are headed. As we browse one start-up's Web site, Shemmer notices that its on-line customer response forms are maintained by a company he's never heard of. That company immediately goes on the list...
...search is efficient, even brutal. If Shemmer can't deduce what a company's Web address might be, it's history. "That's it," he says. "I might ask someone, but..." One target's Web site is unattractive and poorly designed, lacking basic information about management and investors. Shemmer sends them a curt e-mail telling them to shape up, then moves on. With practice, the culling goes quickly, Shemmer says. "There's a ton of shitty companies out there. It's like 80-20." Once he identifies a likely prospect, Shemmer places a call to the CEO for more...
...York office, only two are women. With almost all males, the office has a rambunctious feel--Shemmer slaps his friends on the back and calls them "boys"; another recruit is a "stud." Several of the analysts' cubicles sport posters of scantily clad women, advertisements for a Web site called Bikini.com. "You get a bunch of 22, 23-year old alpha males, you're going to get a certain environment," an analyst tells me. "It's a well-dressed locker room...
...lunch tables disperse quickly--everyone's too busy to hang around--and Shemmer heads back to the same Web research he did this morning. I wander around the office to see what the other analysts do. I spend time with one employee who specializes in writing fairness opinions--reports outlining for shareholders whether they're getting a fair deal in a merger. The number crunching and boilerplate legal writing seem dull, but it's still a high-wire act--shareholders who feel cheated can sue Broadview. "It's a pretty amazing responsibility for someone my age," the analyst says...
...Web site: www.broadview.com...