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- Here's a great, potentially explosive internet stock: - DIPL - Diplomat Direct, 2 7/16 - Here's why: - approx $100 mill year in sales; from hugely successful high-end, well-known catalogues - slightly profitable last quarter, should become more profitable thru recent acquisitions & shedding - expansion to the web and internet in several forms, which aren't cost cash outlays - Ecology Kids line has tie ins with Time Warner - sends out 53 million catalogues a year - e-commerce initiative with 3rd parties announced 12/30/98 - which will give DIPL Yahoo's audience beginning late Jan, 1999 - DIPL's own web site is up & running at: diplomatdirect.com - I'm projecting, conservatively, $.50 to $.75/shr in profits next year - traded as high as $9 or so 4 years ago; now only $2 7/16 - Their u/w, EC Capital, tanked and sent stock reeling - Interested in anyone's comments - good or bad. Thanks. | ||||||||||||||
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