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To: Joe Copia who wrote (22)8/30/1998 9:05:00 PM
From: ztect  Read Replies (1) | Respond to of 75
 
Joe-

Agree with everything you say.

Just presenting where the company is as of April of this year.

Didn't mean to present information to deter interest. Just looking at the web site gives a very good indication as to why this is a very valuable site and software that expedites transactions between suppliers and buyers in retail via e-commerce.

From looking at the site I'd list the following reasons why QCS can and most likely will become profitable:

1. Service speeds up procurement.
2. Service potentially becomes way to identify new suppliers for buyers and visa versa.
3. Service saves on costs of publishing and distributing catalogues.
4. Service already has many distinguished companies (buyers and sellers) using the service like Dillards, PetSmart, et cetera.
5. Service generates continuous revenue from monthly fees or transactions. Registration is inexpensive and gives you access to members information.
6. Service generates revenue by offering catalogue service which can be easily updated.

With all these positives, the big question is how long will it take and if the revenues generated will offset the operating costs.

Like with any other internet with zero revenues, the valuation of the company as to its share price should be based on the strength of the business model.

Therefore, I'd think we'd both agree that QCS Corp's model is strong and can quickly generated revenue based on the advantages that the "internet" provides for speed of communication in a sector- Retail Sales- that has already recognized this potential. Plus having IBM doing the marketing can't hurt.

ztect (spelling not checked)

Since many of the internet companies