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To: SteelerStu who wrote (6566)6/25/1999 10:07:00 PM
From: Mike MacNaughton  Read Replies (2) | Respond to of 10081
 
Fantastic!! A company here in Dallas makes schoolbook covers (very nice, they sell over three million customized every school year). They have a captive audience and are building a web site catering to school kids. They think they'll have a guaranteed million hits when it first goes up in August. But this is a company that manufactures book covers!!!!(and they are very good at it). But can they capitalize on their million hits...and with what products???...and they have no experience in running a web site.
Now, GMGC is giving away a product...call it a loss-leader for future sales, that's okay. And let's speculate that they are wildly successful in subscribing new non-paying customers. The parallel with the book cover company still holds. GMGC designs and builds software (and is very good at it). How do they flow cash??? And more importantly, what does the company say their plan is???