InternetStockReview.com Adds MAWI to Incubator Rebound List
Note: Due to space limitations, portions of the newsletter not pertaining to M&A West have been omitted. Please see internetstockreview.com to subscribe or for more information, including their disclaimer. Their newsletter is sent out to subscribers and is partially reprinted here with the permission of InternetStockReview.
================================================== Internet Stock Review Online, Sunday 7/27/2000.
Los Angeles 63....73F Sunny. ================================================== Table Of Contents:
1. Welcome.
The Most Amazing Site Of The Year Award.
2. CMGI ADDED TO REBOUND LIST. 3. M&A WEST REPORTS HUGE NUMBERS, ADDED TO REBOUND LIST 4. E UNIVERSE TOP 20 LIST. 5. MEDIAX TOPS ENTERTAINER LIST. 6. News Reported. 7. Big Gainers, Losers and Most Actives. 8. Disclaimer.
Our web site is at internetstockreview.com
Quote of the Week.
"Although incubators have fallen out of favor with investors this summer, we remain extremely positive on their prospects. We believe incubators represent an attractive way for public investors to gain access to the private markets.
Additionally, we expect the IPO market to regain its strength, in some form or fashion. In fact, the market has shown signs of firmness recently (more than 25 companies went public last week) heading into the typically slow final weeks of August. As a result, we believe this will be a good time to purchase the stocks of incubators at bargain-basement prices."
Michael Graham, Robertson Stephens.
=====
We couldn't agree more. As such, we are adding two names to our IncubatorRebound List.
CMGI (CMGI), which is was originally added to our Watch List in January of 1998 at $1.81 ($29 before splitting 16 times) and traded as high as $163 ($2,610 before splits) earlier in the year and has since dove to as low as $33.00.
M&A West (MAWI), after turning in some stellar numbers, to the Rebound List. We originally added MAWI to our Watch List at $18 in March of this year. It was probably the absolute peak in Incubator prices. It traded as high as $24 in the days after we added it to the list and then stumbled (slipped, plunged, dove) to as low as $4.00 =====
M&A West (MAWI) $7.00
Now in dramatic contrast to CMGI, M&A West has little coverage (a good thing) on Wall Street. The most recent broker (Investrend) gave MAWI a 12 month price target of $33 back in April.
Current Coverage:
biz.yahoo.com
We should note that Yahoo (via Zacks) did not pick up that Griffin Securities gave MAWI a $60-$90 price target back in April, that Donner International gave it a $31 price target in March and that Williams Capital issued a buy recommendation in April.
What brings MAWI to the Rebound List is more its recently announced year end results than its trading pattern. MAWI was trading lower each and every day (not bottoming) for months until it reported its year end results on August 17th, after which it snapped back into action trading from $4.00 to a high of $8.00.
Recent Trading: chart.yahoo.com
While we would have preferred to see MAWI trade flat before adding it to the Rebound List, the numbers are just too attractive to ignore.
For the year, M&A West Inc. reported total revenues of $7,626,972 as compared to $602,087 for the previous year, representing a significant 1,167 percent increase. M&A West's revenue produced a net income of $1,936,457 or $0.17 per share, increasing by 1,135 percent over last year's net income of $156,717 and $0.01 per share. Under other income, M&A West also posted unrealized gains on available-for-sale securities (net of tax) of more than $12.1 million or $1.27 per share.
Total assets as of May 31, 2000 were $29,652,338, improving notably from $2,520,041 in 1999. M&A West recorded cash and equivalents of $1,151,546 for the year's end, which was an increase of $90,267 over the previous year. The company's current outstanding shares increased to 11,096,764, gaining an additional 513,860 shares over the past year.
On a big picture basis you have to note that CMGI, even with much greater fundamentals and resources, has a market value of $12 billion and that MAWI has a market value of $77 million. You have to note it. In addition, because of smaller size, MAWI operates in a much more deliberate "let's invest in sure things" (as sure as things can be on the Internet) or not invest at all attitude than CMGI or ICGE for that matter. Terms like "leaner, meaner and ability to turn on a dime," come to mind.
Web Site: mawest.com
Profile: biz.yahoo.com
Earnings Announcement: biz.yahoo.com
Incubator Stock Review: incubatorstockreview.com
==================================================
Disclaimer:
This company has a lengthy disclaimer at their website that all investors should read internetstockreview.com. It is not reprinted here due to space limitations. Internet Stock Review received options to buy 50,000 shares of MAWI @ $18 on 3/21/2000.
InternetStockReview.com Adds MAWI to Incubator Rebound List
Note: Due to space limitations, portions of the newsletter not pertaining to M&A West have been omitted. Please see internetstockreview.com to subscribe or for more information, including their disclaimer. Their newsletter is sent out to subscribers and is partially reprinted here with the permission of InternetStockReview.
================================================== Internet Stock Review Online, Sunday 7/27/2000.
Los Angeles 63....73F Sunny. ================================================== Table Of Contents:
1. Welcome.
The Most Amazing Site Of The Year Award.
2. CMGI ADDED TO REBOUND LIST. 3. M&A WEST REPORTS HUGE NUMBERS, ADDED TO REBOUND LIST 4. E UNIVERSE TOP 20 LIST. 5. MEDIAX TOPS ENTERTAINER LIST. 6. News Reported. 7. Big Gainers, Losers and Most Actives. 8. Disclaimer.
Our web site is at internetstockreview.com
Quote of the Week.
"Although incubators have fallen out of favor with investors this summer, we remain extremely positive on their prospects. We believe incubators represent an attractive way for public investors to gain access to the private markets.
Additionally, we expect the IPO market to regain its strength, in some form or fashion. In fact, the market has shown signs of firmness recently (more than 25 companies went public last week) heading into the typically slow final weeks of August. As a result, we believe this will be a good time to purchase the stocks of incubators at bargain-basement prices."
Michael Graham, Robertson Stephens.
=====
We couldn't agree more. As such, we are adding two names to our IncubatorRebound List.
CMGI (CMGI), which is was originally added to our Watch List in January of 1998 at $1.81 ($29 before splitting 16 times) and traded as high as $163 ($2,610 before splits) earlier in the year and has since dove to as low as $33.00.
M&A West (MAWI), after turning in some stellar numbers, to the Rebound List. We originally added MAWI to our Watch List at $18 in March of this year. It was probably the absolute peak in Incubator prices. It traded as high as $24 in the days after we added it to the list and then stumbled (slipped, plunged, dove) to as low as $4.00 =====
M&A West (MAWI) $7.00
Now in dramatic contrast to CMGI, M&A West has little coverage (a good thing) on Wall Street. The most recent broker (Investrend) gave MAWI a 12 month price target of $33 back in April.
Current Coverage:
biz.yahoo.com
We should note that Yahoo (via Zacks) did not pick up that Griffin Securities gave MAWI a $60-$90 price target back in April, that Donner International gave it a $31 price target in March and that Williams Capital issued a buy recommendation in April.
What brings MAWI to the Rebound List is more its recently announced year end results than its trading pattern. MAWI was trading lower each and every day (not bottoming) for months until it reported its year end results on August 17th, after which it snapped back into action trading from $4.00 to a high of $8.00.
Recent Trading: chart.yahoo.com
While we would have preferred to see MAWI trade flat before adding it to the Rebound List, the numbers are just too attractive to ignore.
For the year, M&A West Inc. reported total revenues of $7,626,972 as compared to $602,087 for the previous year, representing a significant 1,167 percent increase. M&A West's revenue produced a net income of $1,936,457 or $0.17 per share, increasing by 1,135 percent over last year's net income of $156,717 and $0.01 per share. Under other income, M&A West also posted unrealized gains on available-for-sale securities (net of tax) of more than $12.1 million or $1.27 per share.
Total assets as of May 31, 2000 were $29,652,338, improving notably from $2,520,041 in 1999. M&A West recorded cash and equivalents of $1,151,546 for the year's end, which was an increase of $90,267 over the previous year. The company's current outstanding shares increased to 11,096,764, gaining an additional 513,860 shares over the past year.
On a big picture basis you have to note that CMGI, even with much greater fundamentals and resources, has a market value of $12 billion and that MAWI has a market value of $77 million. You have to note it. In addition, because of smaller size, MAWI operates in a much more deliberate "let's invest in sure things" (as sure as things can be on the Internet) or not invest at all attitude than CMGI or ICGE for that matter. Terms like "leaner, meaner and ability to turn on a dime," come to mind.
Web Site: mawest.com
Profile: biz.yahoo.com
Earnings Announcement: biz.yahoo.com
Incubator Stock Review: incubatorstockreview.com
==================================================
Disclaimer for InternetStockReview:
This company has a lengthy disclaimer at their website that all investors should read internetstockreview.com. It is not reprinted here due to space limitations. Internet Stock Review received options to buy 50,000 shares of MAWI @ $18 on 3/21/2000.
ADDITIONAL CONTACT INFO AND DISCLAIMER For InvestorServicesOnline:
For more information you can contact InvestorServicesOnline (Internet-Specific Investor Relations) at E-mail: investorservicesonline@yahoo.com or Company Representative, Rick West, TEL: 650/827-7308 (Public Relations) E-mail: Rick@mawest.com Rick West and Merger Communications are not associated with InvestorServicesOnline.
Disclaimer Information for InvestorServicesOnline: Investor Services Online (ISO) is a compensated agent of M&A West Inc. and has been hired to perform certain investor relations services for the Company. Investor Services Online is being paid 1,200 shares per month for a 12 month period. We are not a registered investment advisor and suggest that you consult with an independent registered advisor as well as do your own research before investing in any stock. The opinions and analysis included herein are based on sources believed to be reliable but no warranty, expressed or implied, is made as to their accuracy, completeness or correctness. Readers are advised that this communication is issued solely for information purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy any securities. All information posted on Internet discussion sites by Investor Relations Online relating to M&A West Inc. is supplied by M&A West Inc. The reader should verify all claims and do their own due diligence before investing in any securities mentioned. Investing in securities is speculative and carries a high degree of risk, which may or may not be suitable for everyone. |