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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Lone Star who wrote (60108)1/10/2000 6:35:00 PM
From: Manly   of 108040
 
Lone Star,

Hang in there! OPTO will reward those with patience. Let's take a look at ML's press release today on OPTO. Just read the press release - this stock is a real winner - not for daytrading. Today, traders were running with the big boys, they will be back to buy OPTO for the longer haul. I do not plan on selling it until it hits my target of $45. I have patience and have played this game too many times before with ML.

If e-business is the next huge thing - them OPTO will reward all of us who have patience. Check out their website. optiosoftware.com They have a bunch of conferences starting tomorrow where exposure will get more shares sold. Their PR is ont he ball and did a great job releasing the news of Linux/Redhat after ML gave them the $27 target. Shoot, didn't ML once give CMRC a target of $50 or so prior to the split a while back??? ML is not strong in predicting INUTS, they just throw a price on it that they know they will make pretty quickly. The games that are played, it seems like investors would learn!

RESEARCH ALERT - Optio Software started

NEW YORK, Jan 10 (Reuters) - Merrill Lynch on Monday said it started Optio Software at accumulate and set a price target at $27 a share.

-- Shares of Optio are down 2-9/16 to 20-1/8 on Nasdaq.

-- Merrill said Optio currently trades at 12 times its 2000 revenue estimate of $43.4 million.

-- Merrill believes the company's price performance over the intermediate term will be driven by a shift to more "e-business" applications and upside earnings surprises.

-- The brokerage firm is forecasting 2000 revenues of $32.5 million and 2000 revenues of $43.4 million and it projects net income of $1.7 million in 2000 and $2.6 million in 2001.
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