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Technology Stocks : Audible Inc-(Nadaq-ADBL)

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To: Gordon Gekko who wrote (13)7/12/1999 6:56:00 AM
From: Labrador  Read Replies (1) of 165
 
Content and Service Revenues were $58,000 for the 3-month period ended March 31, 1999, and $30,000 for the similar period ended March 31, 1998. Hardly on a tear. If the company did not have the hardware sales or the nonrecurring contract services in the March 1999 quarter, this would be a dismal offering even to the most novice investor. I think that the price of the hardware is the problem.

I suspect that this company will never make a profit. We must be in an internet bubble.
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