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Alan Meckler named to Newsweek's "Net 50"

Published on .

Though Mecklermedia, a Westport, Conn.-based magazine publisher and trade show producer has yet to post a profit, it nevertheless remains a hot property in the Internet world. This week, company chairman and CEO Alan M. Meckler was named to Newsweek's "Net 50" as one of the fifty people who matter most on the Internet.

The same day that the magazine hit newsstands on December 18, the company reported a fourth quarter netloss of $2,009,946 for the period ended September 30 on revenues of $2.85 million. That day, its stock price tumbled $3 a share to $12.75. It appears to have been a temporary setback, however, for the company that began trading publicly at $6 a share on February 4, 1994, and made a two-for-one stock split in September '95. Its stock price Wednesday closed at 13.63 up 63 cents.

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