SI
SI
discoversearch

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: dharampal luthra who wrote (855)1/6/1999 8:51:00 PM
From: Tom Hua  Read Replies (1) | Respond to of 987
 
It is an internet stock just as much as any other

LOL, yeah right, it has a whopping $2.1 MM in internet sales in 365 days, and any other like AMZN had $6 MM in one day, more than SKYM will generate for the entire 1999. Please don't compare SKYM to any other internet company. SKYM is a third tier player. It is a catalog company, for crying out loud. In 1998, only 3% of revenue was from internet sales. For 1999, internet sales will account for about 5% of total revenue. WS has valued its catalog business at $4/share. Compare it to other catalog companies which also have a web presence such as SPGLA, SHRP, FHT, etc. If you do that, it'll take you about 30 seconds to see that SKYM is worth far less than its price today.

Regards,

Tom