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Non-Tech : CORESTAFF (CSTF), now MMWW
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To: RockyBalboa who wrote (222)12/2/1999 9:48:00 PM
From: Glenn Petersen   of 257
 
The Agency.com IPO should add some fuel to the fire tomorrow. ACOM has been repriced to a range of $22 to $24 per share. I am confident that the XPDR IPO will eventually get priced at a minimum of $20 per share and that MMWW has a shot at breaking 40 prior to the XPDR IPO. Still sitting on my original position accumulated at $19. :)

It appears that Goldman may have raised its six month target for MMWW to $35. Six months? Why not tomorrow? The following was posted on the Yahoo thread. While I do not have access to the report, the poster has been credible in the past.

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Metamor's shares have started their ascent with the roadshow now underway for its e-business IPO, Xpedior. While some were concerned that the IPO would slip into January, management was able to quickly respond to SEC comments and filed an amended S-1 last week. Given that the timing uncertainty is removed and we expect the stock's value to exceed its filing range of $14-$16, we are raising our 6-month price target to $35, up from the high-20S. This assumes that Xpedior is worth at least $25 per share (based on 6 times our 2000 revenue forecast) and that the remaining business is worth $11 (or 20 times our 2000 estimate of $0.55 per share). We keep the stock on the U.S. Recommended List.
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