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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (11947)	11/7/1999 3:34:00 PM
From: If only I'd held	Respond to of 18998

It is likely that we will not see any earnings from this until (Q1)2000. They are running a promotion right now that lasts till the end of the year. The publisher gets 100% of the royalties for the first three months of service. I would imagine it will still show up as revenue for them, but there will be no money made on it until after the promotion. You might want to hustle with your material to pocket the extra x-mas cash. FATBRAIN PAYMENT TERMS: For Material uploaded prior to October 15, 1999, Until December 31, 1999 ("Promotional Period"), for Material sold to a customer, Fatbrain shall pay Content Provider a royalty equal to 100% of the amount of the selling price specified during the upload process for the item, excluding any charges for taxes. After the Promotional Period, for Material sold to a customer, Fatbrain shall pay Content Provider a royalty equal to 50% of the amount of the selling price specified during the upload process for the item, excluding any charges for taxes. Fatbrain will pay Content Provider within thirty (30) days following the end of each quarter for Materials sold during that quarter.