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Technology Stocks : CMDX - Chemdex, another CMGI gem

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To: jim ratliff who wrote (80)8/10/1999 2:22:00 PM
From: Nikole Wollerstein  Read Replies (2) of 200
 
Do not you worry?
The company said its gross margin--the ratio of gross profits to sales--was 5.8 percent
at March 31 "and was trending downward." It said that if it fails to increase the price
discounts it receives from its suppliers, substantially increase its revenue, and make
its business more productive, it may never become profitable.
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