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

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To: Tourist who wrote (23)7/3/1999 9:34:00 AM
From: djane  Read Replies (1) of 1884
 
Steve Harmon (IPO guru) thinks ISLD is undervalued compared to peers (see below)

Talk : Web/Info : The Steve Harmon "Internet Stock Guru" Discussion

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To: djane (2011 )
From: steve harmon - analyst
Saturday, Jul 3 1999 5:06AM ET
Reply # of 2052

isld - has run as you know but i see the category it's in as a high-growth one with global
outlook; vs. peers looks undervalued in some respects in my opinion

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djane comment: I generally agree with steve's comments, but strongly disagree that ISLD has "run." As I've noted on the thread, ISLD should have opened in the 30s but for Bear, Stearns as the lead underwriter and last minute lowering of the float from 6 to 5 million shares because a large institution got nervous at the last second. Heck, just look at the EXDS run to get an idea of what ISLD could do in the next few months.
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