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Non-Tech : SGDE - Internet hype, Sound investment, or Both?
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To: Gutterball who wrote (49)3/11/1999 6:27:00 PM
From: Gutterball  Read Replies (1) of 75
 
For the record, today, the day after the investor conference, SGDE traded 24,000 total shares. The range was 5-9/16 to 6-1/8. SGDE closed at the low, 5-9/16.

Comment: Appears not many people bought into Olen's story. However, growth in internet sales in February is noteworthy. As Olen said, appears investors are waiting for Sportsman's Guide to deliver earnings.

BTW, 4.4% of $150 million annual revenue is $6.6 million from internet sales. As internet sales increase, hopefully, we will see better margins and net income. Chalk Sportsman's guide up as one of the few internet e-commerce sites actually making money.
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