For maximum accuracy and lowest input of opinions based on external reporting sources, all comments and quotations are taken verbatim from the Pets.com 10 Q, filed May 20, 2000, with the SEC and accessed online through Edgar. In addition, not all of the items on the checklist provided in the text were relevant to Pets.com. Therefore, only those items determined to be relevant are include and noted. In parenthesis after each subheading is a numerical score, ranging from 1 (poor) to 10 (excellent).
"We will not be able to increase revenues unless we continue to improve our transaction-processing, operational, financial and managerial controls, reporting systems and procedures, expand, train, supervise and manage our work force, and manage multiple relationships with third parties."
"We seek to address the entire pet products market, transcending the limited product selection of superstores, specialty stores and grocery stores. Our broad selection of approximately 15,000 SKUs is integrated with extensive pet-related information and resources designed to help consumers make informed purchasing decisions
"Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy and completeness of the forward looking statements after the date of this Quarterly Report on Form 10-Q to conform such statements to actual results or to changes in our expectations."
"We compete in a market that is new, rapidly evolving and highly competitive, and we expect competition to intensify in the future. Increased competition could result in price reductions, fewer customer orders, reduced gross margins and loss of market share."
"We currently or potentially compete with a variety of companies, many of which have significantly greater financial, ...