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Technology Stocks : Drugstore.com Inc - (Nasdaq : DSCM )

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To: bob zagorin who wrote (125)1/29/2007 1:55:16 PM
From: bob zagorin   of 132
 
also excerpt from street.com this weekend

"...drugstore.com (DSCM:Nasdaq, $3.11; 2,000 shares; 5.16%; Inflection Point): This online pharmacy offers health, beauty, wellness, personal care and other products found at most local pharmacies. On Wednesday, drugstore.com rolled out its new "Free 30" program to help consumers manage the cost of prescription medications. Customers ordering a 90-day supply of any of more than 1,000 eligible generic prescription drugs will receive a rebate of up to $50 for one prescription on the cost of a 30-day supply. The Free 30 program will be offered to first-time drugstore.com pharmacy customers only, and we are optimistic about the initiative. About 82% of drugstore.com's net sales stem from repeat business, which indicates that customers are satisfied and become repeat shoppers. The Free 30 plan should bring in new traffic that could result in stronger top-line growth. drugstore.com reports earnings Jan. 31 after the close, and we will provide an earnings preview before that date. At the current level, we believe shares have at least 20% to 25% upside...."
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