WINR-Secure Banking to Global Internet Gaming & E-Commerce Message Board

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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce

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Nov 5 1:20 PM EST

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To: Premier who wrote (4577)	2/20/1999 6:18:00 PM
From: Premier	Read Replies (1) of 6545

A question for the technically oriented threadsters: INKT will have an e-commerce engine by June 99. It has signed up 300 customers for this service. How does winr's transaction processing system defer or compare with that of INKT's? INKT has market cap of $2.6B and derives revenues from search engine + traffic server functions. Thanks for your time. ------------------------------------------------------------------ E-commerce engine: This is the most remarkable part of Inktomi's business plan. Inktomi will be offering a scalable ecommerce technology, as a service, starting in June. Inktomi will provide a transaction processing and transaction database system, as a service,for a transaction based fee. Just as Inktomi is "behind the scenes" at Yahoo, Inktomi will be the engine behind many ecommerce sites. Mr. Peterschmidt claimed that they have signed up over 300 merchants already, with transaction fees ranging from 5% to 20% of the entire sale. The average weighted fee is around 7%. Inktomi will be paid this percentage on every transaction that uses their system. Fulfillment and inventory will all be the responsibility of the merchant. The user of an Inktomi-enabled ecommerce merchant won't even know that Inktomi is involved. If you are shocked reading this, you should be. It is an astonishing model. One of the money managers at the Goldman Sachs conference felt compelled to double check his understanding of this arrangement. "Do you mean," he said, "if the merchants sell $100 million, you will receive $7 million?" The answer was "Yes." Why would a merchant pay Inktomi such a huge percentage? Inktomi charges no upfront costs to set up the e-commerce solution. A merchant dying to get into the e-commerce business can do so without any upfront investment. Compared to the cost of setting up a complete system on their own, it may look appealing. No merchants were named at the presentation. Although the full rollout of this ecommerce service will not occur until June, a more public announcement of the service is likely well before then.

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