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


To: Johanna K. Stiesmeyer who wrote (348)11/19/1998 11:07:00 PM
From: RikRichter  Respond to of 3198
 
AND the float is only 3+ million!



To: Johanna K. Stiesmeyer who wrote (348)11/19/1998 11:13:00 PM
From: CanynGirl  Respond to of 3198
 
From Market Guide:

Share Related Items
Shares Out (Mil) 16.73
Float (Mil) 3.00




To: Johanna K. Stiesmeyer who wrote (348)11/19/1998 11:15:00 PM
From: David E. Fitzpatrick  Read Replies (3) | Respond to of 3198
 
And think about this...
Selling software on the internet (particularly electronic downloading) has to be at least as attractive as selling books (aka AMZN). So as DRIV matures its business, let's say in 6 months to a year, whats the company likely to be worth?

Well, right now we've got a cap of

17,000,000 * $18 = $306,000,000

on the other hand AMZN has a cap of

50,000,000 * $154 = $7,700,000,000.

Looks like there may be a lot of room left in DRIV. Maybe not all the way to AMZN, but a 3 to 5 bagger from here sure seems possible.