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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)
VSAT 40.81+5.4%Jan 9 9:30 AM EST

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To: Stock Watcher who wrote (3878)3/9/1999 12:25:00 AM
From: Jeffrey L. Henken  Read Replies (1) of 52051
 
I think there is lots of good news left to come for RDIM shareholders and potential shareholders. I was buying in the 90 cent range. Today we get good news, perhaps a little late, but should RDIM be selling for .68? Check that news again:

biz.yahoo.com

This is good news. Maybe not surprisingly good news, but good news.

RDIM is an operational company.

Actual revenues!!!

What does RDIM do? RDIM sells virtually every single item you can find in and around your house, at wholesale, or near wholesale prices. What makes RDIM special compared to Costco, BJ's, Sam's Club, the Home Shopping Network, Shop at Home and other companies?

They don't sell overstocked and discontinued items. They don't sell costume jewelry, sports memorabilia, and collectibles.

RDIM sells the kinds of things you actually want FOR LESS
!!!!

How do they do it? They use the purchasing power of a large membership base to buy like they are a huge chain store and receive wholesale prices. How can they pass these savings on to members? They charge an initial membership fee and annual dues.

Where does e commerce come in?

Almost every big name manufacturer and distributor that you can think of does not currently sell products through e commerce but RDIM, with the help of Thunderstick Software could end up doing it for them.


RDIM intends to provide members with access through e commerce to thousands of products currently found only in catalogues. The scope of this project far exceeds anything I am currently aware of that has been done to date.

Things have been slow coming together but perhaps you can better understand how much potential there is for the company that does this right. I'm hoping it will be RDIM.

Thanks, Jeff
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