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Non-Tech : DMRK- Damark International- The Next One? -- Ignore unavailable to you. Want to Upgrade?


To: RocketMan who wrote (31)12/30/1998 12:04:00 PM
From: dwlima  Respond to of 83
 
what precision for a WAG...58% and a fairly large number of institutions also..so, we are not as susceptible as we would be with just a handful.

i see the large buying pattern for 2 days has broken..so, much for 2 day trends! i saw that SKYM is getting what it deserves. an article points out that although internet sales are up 600%...it still only represents 3% of sales!

i have a bone to pick....let's get something straight. brick and mortar companies with increasing internet sales are very different than virtual type companies with growing internet sales. the first type include: Sharper Image, Brookstone, Spiegels, Victoria Secret, Barnes and Noble, The Gap, etc. Most of these guys are doing well, but they are miles apart from virtual companies growing on the net. these companies include DMRK, SKYM, AMZN, etc. for a safer bet, buy the traditional companies that are making inroads into the net. for a riskier investment with more upside (and possibly down), buy the virtual companies that stand a lot more to gain from the web...as they are creating new markets in light speed and don't have the drag of old stores.

I have heard rumors of an auction site on DMRK...can anyone confirm this. while i am here in S. America, it is hard to get info. from the company...a few calls to IR would be interesting if anyone cares to help out

thanks
dwlima



To: RocketMan who wrote (31)12/31/1998 11:29:00 AM
From: dwlima  Read Replies (4) | Respond to of 83
 
them MM bastards. with only a few thousand shares, they took us down 3/4....i guess the MMs were thinking "humm, if you really need that tax loss- let me give you a hand and help you out there" !!!

don't be fooled gang. my reputation is on the line and i say we head north quickly within the first half of january. gross margens improving, less debt, stock re-purchased, internet site up and looking good...market cap and float low.

i remember when rocketman sent me a message the day before SKYM took off. he said he has too many stocks to track and that SKYM has been moving sideways all week- so he pulled the plug just days before it went up 1000%! my advice: 1) have a little patience 2) buy companies with limited downside and lots of future potential (like DMRK) and in this age of internet technology one is sure to be quickly and vastly rewarded.

Have a Great New Year Everyone and See You in 1999!