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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.

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To: David Browning who wrote (2736)10/25/1999 5:58:00 PM
From: M. Frank Greiffenstein  Read Replies (2) of 3198
 
DRIV will get killed...

The same fate that befell BYND will befall DRIV tomorrow. Gross margins awful and unchanged. Their e-commerce software sales a tiny fraction of overall sales. It is becoming less and less clear how DRIV (and BYND) will ever make any money with this business model. I also continue to wonder the wisdom of booking the entire software sale as revenue. What does the software publisher do, book it a second time? If there is any out there who can explain it to me, I'll listen.

If you want to see an e-commerce company with fantastic gross margins and recurring revenue, check out CBLT.

I hope it all works out for DRIV longs.
DocStone
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