Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ChinuSFO who wrote (537)	12/28/1998 9:46:00 PM
From: Tom Hua	Read Replies (1) \| Respond to of 987

Chinmoy, percentage change in revenue is almost meaningless for a startup. One must look at the actual sales figures to judge. SKYM's catalog business is valued at about $5/share, its internet business is valued today at $30/share. Let's see, the company had $2 MM in internet sales this year, expected to generate about $5 MM next year. And that's worth an additional $ 250 MM in market cap? Give me a break! The company boasts 28 MM hits in Q4 but only raked in $1 MM in sales. That works out to be 3.5 cents per hit. I don't know of any e-commerce company with a lower figure. Apparently, a lot of lookers, but not buyers. Regards, Tom