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Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: - with a K who wrote (3550)	5/3/2005 11:22:20 AM
From: chowder	Read Replies (1) \| Respond to of 13449

Yes sir! STMP is up 6% on the day and looks like it wants to go higher. I'm sticking with my original plan and will make a determination when STMP gets to the price target. I may sell just 1/2 a position and see what the trend will yield after that. I haven't decided yet. Hope your trade works out for you. stockcharts.com[h,a]daclyiay[d20050103,20050503][pb50!b20!f][vc60][iut!Lah10,30,5!Lc20]&pref=G dabum

To: - with a K who wrote (3550)	5/5/2005 4:00:03 PM
From: - with a K	Respond to of 13449

I stopped out of STMP with a nice gain but not nearly as impressive as Dabum's as I was a little slow on the trigger. Thanks, Bum, for the idea. The intrigue for their business model longer term remains, and I may look into going long again after some reports come in from this trial. As I understand it, they will sell sheets of 37 cent stamps (minimum quantity) printed with your photo, presuming it passes the smell test. I think the price works out to to about a dollar a stamp, so some nice margin there. The leading provider of online postage has reported good results even without the PhotoStamps program. For the first quarter, Stamps.com notched a 56% jump in revenue to $11.8 million and an increase in gross margins to 73%, up from 61% last year. It was the company's 11th straight quarter of increasing revenues and its third straight quarter of profitability. That compares favorably with the mail-related products and services company Pitney Bowes (NYSE: PBI - News) which reported a $15 million increase in revenues to $1.32 billion and a $20 million increase in earnings, only a small portion of which is related to online postage. According to Stamps.com, it owns 85% of the online-postage market. Investors became unglued at the revival of the PhotoStamps program and bid up the company's shares some 18% on the news. Assuming customers can contain themselves from trying to slip photos of mass murderers, pop idols, and other offensive subjects through the screening process -- think of just a nice fruit bowl or pictures of your cat Fluffy -- the PhotoStamp program should have the naysayers licked.