- Here's a great, potentially explosive internet stock:
- DIPL - Diplomat Direct, 2 7/16
- Here's why:
- approx $100 mill year in sales; from hugely successful high-end, well-known catalogues
- slightly profitable last quarter, should become more profitable thru recent acquisitions & shedding
- expansion to the web and internet in several forms, which aren't cost cash outlays
- Ecology Kids line has tie ins with Time Warner
- sends out 53 million catalogues a year
- e-commerce initiative with 3rd parties announced 12/30/98 - which will give DIPL Yahoo's audience beginning late Jan, 1999
- DIPL's own web site is up & running at:
diplomatdirect.com - I'm projecting, conservatively, $.50 to $.75/shr in profits next year
- traded as high as $9 or so 4 years ago; now only $2 7/16
- Their u/w, EC Capital, tanked and sent stock reeling
- Interested in anyone's comments - good or bad. Thanks. |
