Press Report: Apple Plan No Help to Firm's Stock

“…Prove it.  That was Wall Street’s reaction yesterday to Apple Computer Co.’s new grand plan to save itself.  Apple stock, which has fallen more than half from a high of 49 3/8 last June, barely moved, closing down 1/8 at 27 1/8. ‘Is it too late, is really the question,’ said William B. Seebeck, managing director of Grant/Seebeck International of Wilton, Conn., ‘Apple has just had losses that have been so gigantic.  It makes people gun-shy of where the company’s going to go.  Does it come too late?  That’s the issue..."                               

New York Post,  May 14, 1996

Press Report: is There A Future for Prodigy?

Wall Street stumped by Prodigy MBO…

 “…’I think there’s a future [for Prodigy] – there’s a base of subscribers and an evolving product line and it could work for another player who understands the business,’ opined William B. Seebeck of Grant/Seebeck International…”

New York Post, May 9, 1996

 

 

Press Report: Online Services Experience Static

“…Online services, however, have realized they must counter the threat from the Web.  In the past year, AOL, CompuServe and Prodigy have started offering Internet access as part of their service.  AOL and CompuServe also have hedged their bets by launching their own Internet-access provider services separate from their online services. ‘The online services are not going away,’ says William B. Seebeck, managing director of Grant/Seebeck International, a market research firm. ‘But they will continue to need to adapt.’…”

USA Today, February 22, 1996

Speech: SIMBA Online Conference, November 6, 1995

Online Expert Rips Unprofitable Internet, Offers Solutions…

“…At a recent online conference, one of the leading experts in global electronic commerce, took the Net to task for its serious deficiencies as a place to conduct commerce. Even suggesting that other networks may some day replace it – unless the Internet gets its act together.  Participating on a panel at the SIMBA Online Conference called Transforming the Web: From Hyperplace to Marketplace, William B. Seebeck, managing director of Grant/Seebeck International, said what was undoubtedly on many people’s minds: ‘Clients want to know, ‘When am I going to get my money back?’  The answer, Seebeck said, is that “it’s not going to be easy.”  Most of the revenue in global electronic commerce is concentrated currently in business-to-business online services, such as LEXIS/NEXIS, Dow Jones, NewsNet, Reuters, Financial Times Profile, and Dun & Bradstreet, Seebeck pointed out, which account for 93 percent of the market right now, or $18 billion annually. ‘Until or unless these services move to the Internet,’ Seebeck said, ‘we don’t expect to see a large return for any company on the Internet.’…Seebeck did offer solutions, the actions he believed were required for the Internet to become profitable. (See p. 6 for Seebeck’s “Top 10” List)….Seebeck said that ad agencies viewed the Internet as another communications medium, and more and more companies are offering information on it…’The result is that the Internet is becoming more of an advertising medium than an interactive sales transaction mecca,’ he said.  ‘The three companies to watch in the future are the three satellite networks – CyberStar (Loral Corporation), Spaceway (Hughes/GM) and Teledesic (Bill Gates/Craig McCaw),’ Seebeck said. ‘They in fact may become the real interactive network.’

Interactive PR, December 4-20, 1995