Founded in 1996, Stamps.com Inc. (NASDAQ:STMP) was one of the "dot-com" businesses that started up towards the end of the 20th Century - in fact, its IPO in 1999 was one of the 457 that occurred that year. It is a software-as-a-service (NASDAQ:SAAS) provider that enables the online purchase of United States Postal Service ("USPS") postage.
The Company is still operating, and although its current share price is less than half of the level it reached in 1999, Stamps.com survived the dot-com shake-out and its growth prospects appear to be going strong. It was the first PC Postage seller on the internet approved by the USPS.
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As happened with many - if not...
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