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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.
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To: Rick Hudson who wrote (2735)10/25/1999 5:43:00 PM
From: David Browning  Read Replies (2) of 3198
 
A selection of points made at cc.....

1. Commerce Bridge sales less than 5% of total for quarter: clients numbered 20 eoq, of which 8 operative, 12 abuilding.

2. Burned only $4 million of cash in quarter.

3. Decent reductions in all categories of G/A as percentage of revenues.

4. $57 avg. software sale, $40 avg for all transactions. (Remember different acctng. for shareware/CB revs.)

5. TSQD deal on track to close in Q4.

6. Looking for strong 4th Q, including interesting new relationships.

Overall, very positive.

Cheers
David
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