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Technology Stocks : Shutterfly
SFLY 50.970.0%Sep 25 5:00 PM EST

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To: Done, gone. who wrote (17)10/5/2006 6:35:52 PM
From: Uncle Frank  Read Replies (1) of 82
 
>> Given he runs image banks, one would assume he knows a bit about the business.

But after reading jupm's profile and visiting their site, it sounds like they serve a different end of the business than Shutterfly. Jupiter is into the commercial end of the business, not consumer stuff like sfly.

What's this spin about sfly's lack of profitability all about? From the Motley Fool analyst:

"Even though Shutterfly has accumulated a deficit of nearly $40 million since being founded in 1999, most of the red ink came on the sudsy side of the dot-com bubble days. The company turned profitable in 2003 and hasn't looked back since.

Yes, the company posted a loss of $3.7 million through the first six months of 2006, but that's how it went last year, too. Shutterfly always closes the year with a wallop as it fills orders for holiday greeting cards and personalized photo-based gifts like calendars and coffee mugs."


And as far as knowing about the business, jupm was founded in 1999, the same year as sfly, and I'd match Jim Clark's business acumen against Alan Meckler's anytime.

uf
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