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

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To: Thomas DeMille who wrote ()4/13/2000 12:16:00 AM
From: David Browning   of 3198
 
Re: Profitability....

DRIV has said operating profit for software downloading yet this year, assume means in Q4, but for that quarter, probably not for the year. The new ebusiness is going to consume cash, they have raised earlier spending commitment by $20 million, but probably half of that will be capitalized. If you read the April 27 report carefully and the next couple even more so, you will see if ebusiness is catching hold and what margins it is generating as it comes into play. You will also comprehend the volume delights of the software download business. That will give us, say in late October, a very good idea as to when overall operating profit will be achieved. We will have hints along the way as the new ebusiness relationships are announced (hint: 3M is more important than DANNY'S MP3 THUNDERWONDER).

$17?? A license to steal, and close enough to the bottom to pounce.

David
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