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Technology Stocks : Cyberian Outpost (Symbol: COOL)
COOL 0.103+10.6%Sep 5 5:00 PM EST

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To: CGarcia who wrote (350)12/1/1998 1:31:00 AM
From: Michael R.   of 1932
 
COOL 5-year growth raised to 57.5%
I am pretty sure that last week, I saw the analysts estimate for the 5-year earnings growth rate on COOL was at 40.0%. It is now 57.5%, which I think is very important. This means that the analysts are raising their expectations for COOL. This should logicaly be followed by:
-initiated coverage
-upgrades
-earnings estimate revisions

Even though COOL dropped today, I'm glad to see the large volume. Last week COOL had low volume on Wed. and Fri. At least we are still on the radar screen. I think that the UBID IPO will revive this sector and carry the NASDAQ past 2100, and the DJIA past 10,000 before this year is over.
Good Luck
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