Steve: The only thing better would be if BBRS would highlight a few undervalued firms (like NETP)..<G>
I liked these comments...
<<SAN FRANCISCO, July 30 /PRNewswire/ -- BancBoston Robertson Stephens managing director and senior networking software analyst John F. Powers today provided an overview of the Internet Infrastructure software industry.
''As prices of Internet stocks have soared, it has been less important to pick out the long-term winners in the investment space,'' said Powers. ''However, as investors begin to pay more attention to news, we believe the long-term winners will emerge.
''We believe that the companies with the greatest potential for long-term growth will be those with the best franchises, meaning those who incorporate themselves into the software backbone of daily Internet use,'' said Powers. ''In our view, companies that will contribute to the essential software infrastructure possess the following characteristics: (1) the ability to add significant-new functionality to the Internet, (2) ubiquity of product, (3) habituation of users to product (a result of the first two) and (4) early mover advantage and signs of markets traction.
''Additionally, we look for certain features in companies that encourage near-term investment action including: (1) Anticipated Product Growth. The faster the product gains traction in the near-term, the more opportunity one might lose by waiting to invest. (2) Future Extension of Technology. Can the current technology be developed into multiple product lines to create new opportunities for extension into additional infrastructure niches? (3) Established Brand Names. Those with brand recognition will have the advantage over less established companies,'' said Powers.
Clients interested in receiving more information should contact their salesperson at 415-781-9700.
BancBoston Robertson Stephens, the section 20 subsidiary of BankBoston (NYSE: BKB - news), is a leading international investment bank focused on growth companies in the technology, life sciences and healthcare, information and business services, retail and consumer products, real estate, media, telecommunications, broadcasting, and gaming and lodging sectors. The firm's 45 equity analysts cover nearly 700 companies.>>
|
