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Technology Stocks : Findwhat.com (FWHT): The Next Goto?

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To: Brasco One who wrote (18)4/27/2002 8:45:33 AM
From: ekn   of 28
 
This is a pretty nice business model. No inventory--you get paid EVERY time someone clicks through a site. The Internet worldwide is still growing at a large rate. Profit margin is high. I can name dozens of POS that have 4-10* higher market caps than FWHT that aren't close to making a penny.

This stock has a market cap under 100mm. It has a very small float and plenty of leeway to grow out. Although the company is not involved with any major portal--there is still a huge niche that will not only sustain business profitably--but should grow it at a double digit rate.

some other downsides are the small cap listing the lawsuits that they threw at oVER and the one thrown back at them. Small cash reserves 8mm or so but all in all a very nice little property. If they grow this thing to where it is bringing in net income of 25-35 mm in net cash a year--presently on pace to come in around 10 mm this year you are looking @ a stock that wil be 6-700% higher in stock price within a few years.

Not that GBIXQ didnt do that in one day yesterday but there is reasonable room to grow this thing out over time.
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