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Technology Stocks : IMGX: ImageX.com The future of Printing?
IMGX 0.00010000.0%Oct 28 4:00 PM EDT

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To: JPhilipS who wrote (64)3/22/2000 6:46:00 PM
From: Alan Bershtein  Read Replies (1) of 71
 
Here is a link to the aforementioned Forbes ASAP item

forbes.com

Here's the text...

3 IMAGEX.COM Bellevue, WA
1999 FY revenues: $11.5 million
1999 FY revenue growth: 1,088%
1999 stock market performance: 200.4%
2000 estimated revenue growth: 195%

ImageX.com Web sites hold a digital library of a firm's custom-printed business materials. This alone can cut customers' printing costs by around 10%. The market opportunity is staggering--the U.S. printing industry had sales of $292 billion in 1998--and ImageX.com has virtually no competition among Forbes 500 firms. "Even a 1% share of this business would make them a $3 billion firm," says one analyst. "And they have the potential to get much more than that." Meanwhile, any one of their large customers (Merck, USA Networks, and others) has annual printing costs greater than this company's revenues--so the growth opportunity is enormous.
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