While the idea of delivering groceries to the home is interesting and popular with consumers, it's not one that's been proven to be profitable. Webvan's numbers speak for themselves. Webvan must find a way to really boost its revenue before it can even approach paying its formidable overhead costs. The grocery business is infamous for its thin profit margins and adding the price of gasoline, drivers, etc. They all rate it buy or strong buy.
Alloy runs online forums geared to teen-agers and sells and licenses goods for that demographic.
The Nasdaq itself decides which firms are delisted. It will report being contacted to the public with a press release.