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Non-Tech : Valley Media (VMIX) IPO
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To: Impristine who wrote (102)4/28/1999 10:58:00 PM
From: Paul Hackett  Read Replies (1) of 298
 
This bodes very well for VMIX, although short term VMIX stock price may not reflect it:

(regarding Amazon's strong quarter for revenue)"After a strong first quarter we didn't think that they could improve that much but they've shown a 35 percent revenue growth sequentially over the last quarter in what should be a seasonally slow time of year," said Lauren Levitan, analyst at BancBoston Robertson Stephens. "It shows that these guys are synonymous with online shopping."

It would be interesting to see if Amazon's music sales grew at a 35% rate also, if not greater. Once again VMIX benefits - they share in the Amazon revenue growth but not the additional advertising and acquistion expenses incurred.

VMIX is still very new, the word will get out eventually. Meanwhile, all we can do is wait..........
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