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Riptide Communications |
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Riptide Communications | |
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Doug
Lockyer |
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1996 - 2000 | |
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Doug then started working on SkyMall's second round financing road show directly with the CEO. The Announcement of the revised Internet strategy coupled with the fact that Internet based sales had tripled in the last quarter, shifted stock prices for SkyMall (NASDAQ SKYM) from $12 per share to $48. The extract below from the Wall Street Journal illustrates the success of the Riptide / SkyMall strategy. "Catalog specialty-retailer SkyMall has tripled since Christmas, after it announced faster-than-expected sales growth on its Web site."
Aaron Luchetti "Doug Lockyer is one of the greatest minds in e-commerce today, and is an Internet visionary" Bob Worsely, CEO of SkyMall, January 2000, in an introduction to business partners and SkyMall investors.
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