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Technology Stocks : SkyMall (SKYM) -- Ignore unavailable to you. Want to Upgrade?

To: dav who wrote (508)	12/28/1998 6:18:00 PM
From: Tom Hua	Respond to of 987

cann't believe internet sales only count for 3%, need to increase that to 50% in order for it to go to $100 dav, that's not gonna happen anytime soon. This very point was brought up during the CNBC interview, and the CEO responded that internet sales could reach 7-8% of total revenues next year. So, we're looking at $5-6 MM internet sales for the entire 1999. The company projects that internet sales will reach $1 MM in the current holiday season fourth quarter. The numbers are pathetic, but heck it's enough to increase the market cap by $200 MM in one day. Think it will stay at this level? Not a chance. I look forward to tomorrow to add to my short. Regards, Tom