SLNE has the potential to be a $15 stock soon, if not today. Just massive amounts of volume Friday and today, and coverage starting next Tuesday. SRCH did it, now SLNE is going to do it.
Just look at the ownership on it:
Can you guess what Streamline.com wants to do for the schedules of busy suburbanites? Streamline offers an alternative to running errands by offering home delivery of everything from deli meat to dry cleaning. Via the Internet, phone, or fax, customers can order groceries, stamps, flowers, and firewood, as well as package pick-up, video rentals, film processing, and bottled water. For $30 a month clients receive weekly service and a delivery box with frozen, refrigerated, and room temperature sections. Formed in 1993, Streamline operates in Boston and is establishing service in Washington, DC. Major shareholders include retailer Nordstrom (34%), Reliance Insurance (15%), and founder Tim DeMello (11%). |