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Technology Stocks : Internet Guru Discussion -- Ignore unavailable to you. Want to Upgrade?


To: steve harmon - analyst who wrote (2479)8/14/1999 6:25:00 PM
From: Srinivasan Balasubramanian  Read Replies (1) | Respond to of 4337
 
Steve, can you comment on 1-800-Flowers.com, pl?

They are a premier brand in the sector but was caught in the market turmoil and now is kind of jinxed as a broken IPO. They have around 230 mln in revenues, a much superior gross margin compared to other e-tailers and growing at a very nice clip. Some have expressed that they are trying to cash in on the Internet craze by adding a dot com but to me the name emphasizes their two important marketing channels - the telephone and the internet. also the concept of a e-tailer should encompass both the phone and the web. also some have questioned their foray into gifts and gourmet but again it seems to be a very wise move to me. if Amazon has focused solely on books what would be their growth rate now? If ETYS can have 3-4 bln market cap, FLWS deserves even better.

Thanks
Srini