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Dot-coms in need of dollars

Drkoop is just the latest Net company to express doubts about its future and report a shortage of cash.

 

  roundup 

Drkoop is just the latest Net company to express doubts about its future. Earlier this week, sources said online grocer Peapod was seeking takeover offers, and there are reports questioning CDNow's ability to stay afloat.

"(Peapod is) out of cash--if not today, they will be out within a week or two."

- Barry Stouffer, analyst, J.C. Bradford & Co.

 


Drkoop latest dot-com to run low on cash
update The health site files regulatory documents that raise "substantial doubt" about its business, sending its stock plummeting 41 percent.

Peapod seeks buyout offers
update Peapod is soliciting takeover offers from a range of suitors, including rival Internet-based grocers HomeGrocer and Webvan, according to sources.

Accountant uncertain about CDNow's future
There reportedly is "substantial doubt" about whether CDNow can continue to stay in business.