Feb

7

Ever Heard of Communicate.com (Symbol: CMNN)?

Filed Under Computer Services | 2 Comments

Communicate.com is a eCommerce company, which is very profitable and debt-free, that owns, develops, and manages some of the most recognizable websites such as Perfume.com, Karate.com, and Importers.com. These websites attract approximately one million visitor sessions and they generate their revenues through the sale of consumer goods, advertising, and travel products at its network sites.

They just recently announced preliminary results for the fourth quarter and fiscal year ended December 31, 2004. Revenues in the fourth quarter increased by more than 140 percent, surpassing $1.4 million, compared to revenues of $0.58 million in the fourth quarter of 2003. Pretty impressive, huh?

They have also recently announced that Karate.com, online martial arts megastore that they own, has added more than 1000 new products/skus to its catalog, doubling the number of products offered. Brands added to Karate.com include ActionFlex, Adidas, Century, Discipline, Everlast, G-Force, Golden Tiger, Human Kinetics, House Brand, Macho, Nike, ProForce and Yamazato. As per customer requests, Karate.com has also added a new ‘Karate Dojo Listing’ section, which is a directory of martial arts schools worldwide.

With zero debt, I have no doubt that Communicate.com is a very good investment.
Here’s their stock performance in the past 12 months:

I know it’s really risky investing in another dotcom company; but hey, just look at their performance in the past 12 months and their numbers in revenue. I usually don’t recommend anyone to invest in dotcom companies, but this one can be an exception.

Quote of the Day:
The use of money is all the advantage there is in having it. – Benjamin Franklin

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