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Stocks T / The Knot, Inc.


Subject:  Re: time for monthly KNOT post? Date:  8/31/2000  1:16 PM
Author:  JGOwens Number:  22 of 127

There's my monthly quota of gibberish. Any other thoughts?

OK, here's a few thoughts.

I haven't taken the plunge yet, but was intrigued by Fortune article. Very rough balance sheet analysis shows that KNOT has about 6-7 more quarters of cash at current burn rates.

I like the concept, I like the future demographic's (think Gen Y). Bottom line is KNOT is one of a thousand examples of companies that were rushed to public markets prematurely. Looking at P/S and given lack of profitability I think KNOT is fairly valued. If they can ramp sales and keep costs stable, the payoff for investors at these levels could be handsome.

Not to get too preachy, but there's a slew of B2C's out there doing less revenue annually than the Home Depot on the corner does in a week. There's a reason the bubble burst. I think KNOT has more potential than most B2C's, but I won't throw down $$$ until I see postive business momentum. I'd rather pay $7/shr on the way up, than $3.50/shr on the way down.

Joe O.
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