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Technology Stocks : Fatbrain.com Inc. (FATB)

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To: Elwood P. Dowd who wrote (52)12/3/1998 2:50:00 AM
From: rupert1   of 332
 
El: I know nuffin aboot this stock, but, commonsense dictates that Jimbo's reaction is wrong.

So soon after an IPO they could not have unexpected negative news, although they could have unexpected positive news. Therefore, I assume these numbers are in line with or better than expectations.

Secondly, I assume such large losses are write-offs associated with the floating of IPO, and "infra-structural" costs developing the web-sites and back-up capacity in anticipation of the increased customer base and orders which will accelerate now.

Thirdly, the yy growth in customers and revenues is the kind of growth rate which makes internet stocks exciting. Remember these are not just "hits" these are sales.

I will be watching today.

Victor
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