SF mistakes like yours I should have all the time! kidding aside I put a sell at 50 as I had to work tomorrow and I could not keep an eye on this one maybe my 55 target was realistic.
HSGI what a willd run up into the close tried to catch it and it got away.
SWCM watch this one carefully it is going to fly, picked this up on the YHOO thread:
-----Original Message-----
From: Glenn Parker [mailto:Glenn.Parker@Software.com]
Sent: Thursday, July 08, 1999 6:54 AM
To: Sw.com Prod Mgmt Tech
Subject: Comment from Larray Barels on Yahoo
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SWCM insights by: lbarels (49/M/Santa Barbara) 52 of 59
I just finished reading all the messages posted on
the board and I want to start by saying I'm a major holder and have been
since the company was 6 people. I was also the original Board Chairman.
Since I'm no longer an insider, and haven't been for over a year, I can
speak freely even in the quiet period.
SWCM is a pure play infrastructure company with an
absolute focus on email. Like other internet company's they have sacrificed
profits in favor of market share, but they could change that any time they
want.
Many people on the inside expected a $50.+ price by
the end of the first trading week, but hey, markets are markets and none of
us can predict them with 100% accuracy. No one I know is disatisfied with
the performance in the aftermarket. We all have lockups anyway and will
probably hold the majority of our positions even after the lockup.
Software.com could have gone public anytime over the
last two years, John MacFarlane ( the founder and CEO ) and the board just
wanted to have all their ducks lined up and be able to perform consistantly
in the aftermarket, that used to be called high integrity. I have to admit
even I thought that they waited a little long to come out, but now that they
are I'm a huge supporter.
All that said, this is not a flash in the pan
company that might do something in the future. What it might be in the
future is the major player in email. A big market getting bigger by the day.
Think unified mailbox, ( email, vmail and fax all in one place) and smart
directories. Expect lots of analysts to reccommend the stock after the quiet
period.
The company has not been a marketing driven company,
it is a performance driven company with a talented and focused management
team. The only thing that will stop SWCM from being a major player is their
acquistion at a big stepup in price by Lucent or one of their current
investors ( Cisco, AT&T, or HP ) or any of a host of other telecom players.
Get a copy of the prospectus and read the client
list, it's a veritable who's who of the telecom business.
This is the real thing folks, not some hyped up will
do company or an also ran but the early stages of a major player in Internet
infrastructure.
Look at the revenue curve, three years of near
triple digit revenue growth ( and a current year on the same trajectory).
With the money from the IPO SWCM is well positioned to remain the
preimminent email player in the market and I predict you'll be hearing lots
more good things about them in the year ahead. Mark my words.
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Posted: 07/07/1999 09:14 pm EDT as a reply to: Msg 1
by YahooFinance |
