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Technology Stocks : Value America (VUSA) - Another eBay?
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To: Susan Saline who wrote (588)11/5/1999 4:02:00 PM
From: Still Rolling  Read Replies (1) of 734
 
Susan,
Some other people liked the numbers. From Internetstocks.com:

VALUE AMERICA REPORTS STRONG Q3 RESULTS

Value America reported an impressive 61% sequential growth in revenues as well as a smaller per share loss. We were encouraged by Value America's dramatic improvement in gross margin, which increased 340 basis points to 6%, well ahead of our estimate of 3.3%, reflecting better economies of scale. We believe that Value America's ability to drive strong sales growth while also expanding gross margin reflects the company's emerging opportunity to break away from what has become a pack of lower margin eTailers with discount valuations relative to the eTailing group.
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