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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO. -- Ignore unavailable to you. Want to Upgrade?

To: Kevin McKenzie who wrote (213)	10/29/1998 9:12:00 AM
From: RikRichter	Read Replies (1) \| Respond to of 3198

Kevin, DRIV's PSR is even more impressive when you annualize the latest quarterly revenues of $5.8 million. Based on yesterday's close and weighted average outstanding shares of 14.9 million, DRIV's PSR is only 7.1 times. This compares very favorably with other "blue chip" Internet/e-commerce category leaders. Regards. Elliot

To: Kevin McKenzie who wrote (213)	10/29/1998 11:28:00 AM
From: M. Frank Greiffenstein	Respond to of 3198

That's my theory too... I kinda agree Kevin. I feel that DRIV's rise has a lot to do with confidence washing down to OTC and smaller stocks. But yesterday's rise was big and came in context of other Internet brand names having a tepid day. I think there is something else going on here, but I have no idea what. Midway games announced their Internet store today and that it owuld be managed end-to-end by DRIV. But I can't believe that would drive DRIV. Here is my new idea: Investors are realizing that e-commerce enablers offer big savings over setting up bricks-and-mortar stores. They look at the success of AMZN in challenging mega-retailers. And DRIV is doing just what AMZN is doing, creating a huge library of goods to be sold over the Internet. This may sound crazy, but I owuld not be shocked if I woke up one morning to find AMZN using DRIV to start its online software store..... DocStone