Alloy Online, Inc. (ALOY) Message Board

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Technology Stocks : Alloy Online, Inc. (ALOY)

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To: DD™ who wrote ()	9/9/1999 2:48:00 PM
From: Gilly	of 147

BancBoston Robertson Stephens Reiterates Buy Rating, Raises Estimates on ALOY SAN FRANCISCO--(BUSINESS WIRE)--Sept. 9, 1999--BancBoston Robertson Stephens senior eTailing and specialty retailing analyst Lauren Cooks Levitan today reiterated her Buy rating and raised estimates on Alloy Online, Inc. (NASDAQ:ALOY - news), after the company reported better-than-expected second quarter fiscal 1999 results. Alloy Online is an emerging leading eTailer of apparel, accessories and other products specifically targeted at Generation Y (ages 10-24). ``We are reiterating our Buy rating on Alloy after the company announced second quarter fiscal 1999 revenues of $3.8 million, well above our estimate of $2.9 million.' said Levitan. ``Earnings-per-share loss of $(0.23) also beat our estimated loss of $(0.24), given solid gross margin of 50.2 percent.' ``We are raising our third quarter fiscal 1999 earnings-per-share estimates based on better-than-expected user traffic and continued robust merchandise sales momentum,' said Levitan. ``Not only do we think future earnings surprises could provide stock catalysts, but we also look for near-term announcements concerning new sponsorship partners to drive stock price appreciation.'

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