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Technology Stocks : BackWeb Technologies Ltd (BWEB)
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To: Wheats who wrote (332)8/3/1999 9:41:00 AM
From: Wheats  Read Replies (1) of 584
 
Steve Harmon BULLISH BWEB Again

Source: e-harmon.com's
NetStock! by Steve Harmon
ceo of e-harmon.com
"for the internet investor"

BWEB Excerpt from this Newsletter:

For even in a broadband environment being smart about file and bandwidth use is
necessary. I've seen that as the pipes get fatter the files do also (similar to
how a PC application also got larger as processors got faster). The Internet is
the new processor. Expect its applications and files to expand accordingly.

Which leads me to a stock that I think may be more undiscovered than many in the
hype-driven world of stocks: BackWeb (NASDAQ:BWEB). I first saw BackWeb in early
1996 when company founder Eli Barkat demo'ed it for me on a laptop. The things I
saw in 1996 were (and are) 4 to 5 years ahead of their time in my view. That
puts the deployment for BackWeb's technology hitting its stride now and in the
future.

BackWeb is what I call a "network management solution provider." It allows
corporations to manage and broadcast information and files of any sort (text,
audio, video, applications) across their networks. No this is not "push," the
media-driven hype of 1997. In my opinion the application of BackWeb's robust
technology is 15% tapped, 85% to go in what it can do. Management led by Barkat
looks solid to me, revenue looks like it may lead the category this year at near
$20 million.
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