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Non-Tech : Valley Media (VMIX) IPO -- Ignore unavailable to you. Want to Upgrade?


To: Paul Hackett who wrote (185)6/13/1999 11:55:00 PM
From: Paul Hackett  Respond to of 298
 
Recently read an article, can't remember the source, but it basically stated that currently only 1% of all music sales occur online, 84% at traditional stores and approximately 14% through mail-order businesses. This has to be viewed very positively for the future prospects of VMIX, which currently participates in the distributing of approx. 70% of music-related Internet e-commerce sales, far lessor than their participation in the sales occurring through traditional means. Therefore, as the pct. of online sales increases, as everyone agrees is going to happen, VMIX stands to benefit.