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Non-Tech : Starting a thread for DIPL

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To: Manfred who wrote (3)12/30/1998 11:56:00 PM
From: blankmind  Read Replies (1) of 10
 
I posted this on the internet thread... and it lead to some healthy discussion...

To: Jeffrey L. Henken (393 )
From: blankmind Wednesday, Dec 30 1998 10:13PM ET
Reply # of 398

- DIPL - Diplomat Direct, 2 7/16 - is my #1 pick b/c:

- approx $100 mill year in sales; from hugely successfull high-end ladies catalogues - which are being expanded to the web; Ecology Kids line
- sends out 53 million catalogues a year
- e-commerce initiative announced 12/30/98
- actual web site up & running: diplomatdirect.com
- tie ins with Time Warner
- slightly profitable now; tremendous profits expected in current & future quarters
- traded as high as $9 or so 4 years ago; now only $2.50/share
- #1 underwriter, EC Capital, tanked and sent stock reeling
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