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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?

To: burgerking who wrote (1088)	7/30/1998 10:13:00 PM
From: .com	Read Replies (1) \| Respond to of 2752

Burgerking, In response to your post, and as a discussion item... While I am very impressed w/ Digital River's business and technology, I do wonder whether the IPO will be as hot as everyone on this thread thinks. According to info below, they only have a couple of million in revenue and 75 employees (in 1997). Promising business model and neat technology and a Who's Who of customers does not necessarily mean killer IPO (at double the offering price, as everyone here expects) unless there are decent revenues and profit potential. Can't really compare to the BCST IPO. They are a portal with all sorts of programming lined up, including pro sports, which they got at a song. This is in the Internet commerce arena, which has never been as strong. COOL's debut might be a better indication of things to come. (Egghead's number were el' stinko tonight.) BTW, I don't think this environment is necessarily bad for Internet IPO's. A good story can always buck the trend. Digital River, Inc. indicates features for Hoover's Online Members only. 5198 W. 76th St. Edina, MN 55439 Phone: 612-830-9042 Fax: 612-830-1154 Web Site: digitalriver.com IPO INFORMATION Filing date: June 12, 1998 Expected IPO date: TBA Proposed ticker: DRIV Exchange: Nasdaq Offering amount (mil.): $40.3 Underwriters: BT Alex. Brown; BancAmerica Robertson Stephens The opportunity to spend money is only a point and click away for cyber-consumers on the Digital River. The company provides electronic commerce services to software publishers and online retail clients, including the creation of Web stores, data mining (used in market research), and merchandising services. Digital River maintains a database of more than 100,000 software products sold and delivered on its electronic software delivery system. The company also has services for fraud prevention, export control, and online registration. The more than 1,350 clients currently riding the Digital River include Lotus Development, Corel, and Cyberian Outpost. President and CEO Joel Ronning owns 25% of the company. Key People CEO: Joel A. Ronning CFO: Robert E. Strawman Key Numbers Fiscal Year-End: December 1997 Sales (mil.): $2.5 1-Yr. Sales Change: 2,127.0% 1997 Income (mil.): $(3.5) Employees: 75