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


To: dwlima who wrote (44)1/2/1999 12:22:00 AM
From: Stam  Respond to of 83
 
What do you think about BKST? It has been making money for years,
with growing earnings and sales, trading at 0.5 times sales, p/e of 20.

This news came out on Thursday.
Brookstone Shares Rise On Expected Increase In Holiday Sales

Dow Jones Online News, Thursday, December 31, 1998 at 18:52

NEW YORK -(Dow Jones)- Men's gifts and gadgets retailer Brookstone
Inc. saw its shares climb Thursday on expected healthy Christmas sales and rapidly growing sales over the Internet.
Shares of Brookstone (BKST) rose $1.125, or 7%, to $17.125 on Nasdaq volume of 181,100, compared with average daily volume of 76,000.
Earlier, the shares rose to a 52-week high of $19.25, surpassing the
previous high of $18.875 set Tuesday.
Brookstone will release December sales on Jan. 7.
"I hate to say it, but there's a lot of excitement toward e-commerce, and Brookstone hasn't been as vocal as some of its competitors about its Web site," said Steven Richter, a retail analyst with Tucker Anthony Inc. "It has a good Web site, and although it represented less than 1% of its (yearly) sales, it had a big surge over Christmas."
"There's a lot of talk about their online (sales)," a trader said. "Their Web site (sales are) exploding."
Brookstone President Michael Anthony said he was "very pleased with the company's overall Christmas performance" and confirmed that
Brookstone experienced a "substantial increase" in its online sales.
Anthony said that compared with last year's holiday sales over the
Internet, Brookstone saw an increase of "more than 300%," but he
declined to offer further details.
The executive said Brookstone had a "very interesting test" with
airport-located stores. The company's airport outlets during 1998
increased to 10 from three.
Anthony added that he expects to open "anywhere between five to seven airport and 15-20 regional mall stores in 1999."
Brookstone sells through stores in malls and airports, as well as by mail order catalogs and online.
- Margarita Palatnik; 201-938-2226;
margarita.palatnik@cor.dowjones.com
Copyright (c) 1998 Dow Jones & Company, Inc.
All Rights Reserved.



To: dwlima who wrote (44)1/2/1999 3:23:00 AM
From: VBroady  Read Replies (1) | Respond to of 83
 
One simple question. Are you a paid promoter and/or do you have any affiliation with Damark?

vb



To: dwlima who wrote (44)1/2/1999 3:23:00 AM
From: Gordon Gekko  Read Replies (1) | Respond to of 83
 
Jos.A. Bank (JOSB) looks to be in a similar boat to DMRK. Except for two major facts. They are currently profitable and have some good growth numbers. They have an existing alliance with Amazon and are working on another with AOL. Establishing a strong Internet presence should be rather easy since they already have thriving catalogue sales. They also have regular stores as well.

biz.yahoo.com

josbank.goshoppingonline.com

josbank.com

Definitely worth a look.

GG