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Technology Stocks : Cyberian Outpost (Symbol: COOL)
COOL 0.103+10.6%Sep 5 5:00 PM EST

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To: Elroy who wrote (358)12/1/1998 2:09:00 AM
From: CGarcia  Read Replies (1) of 1932
 
Internet stocks are not about profits today...they are speculation on the future...COOL has set itself up to be an explosive stock tomorrow...by the time they get out of the red in a couple of yrs, they may be selling other things that will bring in higher margins...for now what will drive the price of the stock is the earnings report due out next month...you take into consideration the Christmas season, the online shopping trend that's growing, the TV and print ads, the shopperconnection.com site, etc...and you may see a 50% profit this quarter over last quarter....that enthusiasm is what will propel the stock to the $100 range...as to those other sites you mentioned...yes people can go there too, but once those TV and print ads catch on, Cyberian Outpost's name might just be as common as the other guys :)
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