23 March 2000
Which one’s the turkey?
THE businesses of turkey tycoon Bernard Matthews and Internet entrepreneur Martha Lane-Fox are compared in The Express.
Mr Matthews on Wednesday (22 March) announced a profit of 28 million, which will see investors get a 10% rise in their share values.
Ms Lane-Fox and lastminute.com co-founder Brent Hoberman have seen the value of their convenience shopping website fall from 733m when it was floated on the Stock Market last week, to 425m.
Mr Matthews is cited as an example of “old-fashioned” companies not being squeezed by new internet businesses.
But the newspaper also reveals that Mr Matthews is launching his own Internet business.
The Express 23/03/2000 page 6 and 10