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

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To: Joe Cool who wrote (213)7/27/1999 10:24:00 AM
From: Box-By-The-Riviera™  Read Replies (1) of 1884
 
from dow jones news today.....

......a closer look uncovers a fresh concern with high flying Digital Island. Despite what were generally favorable research reports from the underwriters, the analyst came out with a revenue estimate for this year that was below what had been projected during the company's IPO roadshow in June, market soucres pointed out.

Both analysts were under the projections for next year, said the sources, who atteneded the roadshow presentations. The sources said the more conservative revenue estimates spooked some investors.......

A digital Island spokesman declined to comment.

technically....given the short history of this stock.....any vestige of support (at 26) has been broken.... so it is a throw a dart stock at this point. or a guess at what it is worth....same thing.

regards

Joel
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