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Technology Stocks : FreeMarkets Inc-(FMKT)
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To: Rupert who wrote (360)6/8/2000 11:39:00 PM
From: Ted The Technician   of 414
 
Thanks for pointing out the heaviness of FMKT's business
model. Taking a quick glance through its March quarter's
earnings, I noticed that the number of shares tripled along
with a tripling of its revenues over the last year. Gross
margins dropped. It reminds me of how the management of
RAIN burned share holder value. Revenues shot through the
roof, financed by the sale of shares, while earnings stayed
flat.
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