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Lastminute said the purchase would help it become profitable as soon as 2003, a year earlier than previously expected.
That crisis has passed, but some analysts are skeptical about Mr. Schacht's forecast that Lucent can become profitable as soon as this year.
"We had to become profitable, as the government of Ireland plans to privatize the airline," Mr. Foley said.
They've expected recycling to become profitable as raw materials become more expensive, but they're on the wrong side of two historical trends.
The government also has promised to work to open new markets for Egypt's cotton exports and says that producing cotton will become profitable as international prices rise, luring more farmers into the business.
Eventually, the firm plans to allow official content providers to sell copyrighted material, picking up a fee in the process.Yet sceptics doubt that these consumer-oriented P2P start-ups can become profitable as stand-alone businesses.
Similar(49)
According to Kixeye CEO Will Harbin, the startup has hit its stride over the last 8 months, in which time it became profitable as well as cash-flow positive.
Within four months the company became profitable as its news media clients reached 20 and the customer list neared 30 firms and public relations and advertising agencies.
Although Hood By Air remained rigorously experimental, it also became profitable, as fans lined up to buy T-shirts with the H.B.A. logo, which cost as much as six hundred dollars each.
However, with the creation of the MLE in 1997, the contest became profitable as the Shea brothers now put on nearly 55 eating contests annually, and with it brought greater publicity for the entire league.
I haven't had to become profitable quite as rapidly as if the bank had a hand in my pocket.
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