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Technology Stocks : Autobytel (ABTL) - Buy Autos online -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (385)	5/27/1999 9:54:00 PM
From: Mike Ankley	Read Replies (3) \| Respond to of 594

Hey - I don't mind waiting for a company to become profitable, I've invested in biotechs (e.g. IMCL) for instance ... and I am not as conservative as I may come across. My point was 4 years OR MORE is a helluva long wait especially when the company puts out this PR that makes it appear as though there is an incredible amount of revenue being dumped upon them. Why does it take at least 4 years from now to become profitable when ABTL apparently has such low overhead (e.g. no product inventories) and they are the leader in their sector and apparently they say that the money from the car sales is pouring in ... over $1,000,000 per hour? Alot can happen in 4 years - both good and bad. Cheers Mike