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Non-Tech : InvestRight Club Challenge

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To: Jeffrey L. Henken who wrote (1047)3/22/1999 11:04:00 AM
From: Dave Gore  Read Replies (2) of 2662
 
THE BEST PART OF THE **RDIM** NEWS TODAY IS THIS:

The potential club acquisitions have yet to be audited. However,
management's preliminary review reveals that total revenues may exceed
$11.5 million and gross profits should approximate $2.5 million. If
verified, the then combined financial performance of consolidated
Household Direct operations would represent revenues of $15 million
and gross profits of $3 million or 20%. Consolidated assets, primarily
in the form of accounts receivable, are expected to exceed $5 million.
Household Direct.com is continuing the launch of the Company's
e-commerce website. The data ranges representing some portions of
functionality are now visible with graphics, color and content to
follow. Engineering links providing seamless transition from the
Household Direct.com site to those of our strategic partners will soon
be evident. The horizontal data mapping of each state and most towns
in the United States is continuing. Thunderstick Software reported
substantial "hits" from all over the country and Europe, as traffic
management systems were brought on line and tested.
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