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Company Interview Excerpt
STEPHEN COLLINS - DOUBLECLICK INC (DCLK)


Full article published: 06/26/2000


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TWST: Could you give us an overview of DoubleClick?
Mr. Collins: DoubleClick is an advertising solutions company. What we focus on is developing technology that helps Web publishers and people who want to advertise on the Web get value out of that process. Publishers want to make money selling advertising and advertisers want to reach their consumers so, we developed our DART software to facilitate that. Our business is broken up into three divisions that all work together. The first is the tech solutions business unit which develops the software that is called DART. The second is our media business unit, where we have a network of Web publishers around the world. That's a total outsourcing solution, so we let them use our technology and we sell all their advertising for them. Finally, we have a data business which is comprised of the Abacus Direct Company, an offline direct marketing company. Also, within data, we're building out various other products such as e-mail and so forth. The company was founded at the very end of 1995 and we went public in February of 1998. It's been a pretty amazing ride and as of the end of the first quarter, we now have about 1,800 employees in about 22 countries around the world. We had 110 million in revenues in the first quarter of 2000.

TWST: What are the most significant trends, developments or changes you anticipate in your marketplace in the next few years?
Mr. Collins: The principal trend, and this is certainly a continuation of an existing trend, is the ubiquity of the Internet. When we look into the future we expect that there will be billions of people using the Web, whether it's on their PC or their television or on wireless devices. There are going to be millions of people advertising and millions of Web publishers out there. That fundamental underlying trend is driving our business because where the people are is where business wants to advertise. In addition, the development of the technology for the Web and all the capital that's been made available to entrepreneurs in this area is driving an extreme level of innovation. This is virtually changing all of the existing business processes. For example, you're getting the B2B exchanges where the car companies are coming together to buy supplies or online trading ' those kinds of things help people buy certain products like insurance and so on. So, it's really fundamentally how the business processes work in the economy. I think that's a pretty good environment to be in.

 

Tickers included in this excerpt: DCLK

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.