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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD)

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To: Tourist who wrote (20)7/1/1999 1:21:00 PM
From: djane  Read Replies (1) of 1884
 
Tourist, ISLD now should be trading above $30 -- my 6-month target is $60. Bear, Stearns as the underwriter and lack of aftermarket support have hurt -- not that I'm complaining :-) ISLD has 35M shares and 5M low float. Based on comparisons with EXDS, USIX, ABOV, Akamai and Sandpiper (soon to be hot IPOs), ISLD $250M revenue projections in a couple year, strong buyout possibility, excellent customer relationships (e.g., CSCO), and its buildout of a private IP network, co-location and web hosting capabilities, ISLD soon will have a $2+ billion market cap or roughly $60/share. IMHO djane
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