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Technology Stocks : SHRP: The Sharper Image, Profitable making $ on Internet!
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To: PartyTime who wrote (331)8/4/1999 8:54:00 AM
From: Joe Mintz  Read Replies (2) of 353
 
Increasing attention from the analyst community represents just what SHRP needs to build on its recent positive operating performance.

Essentially, the company is doing precisely what it should - the continuing improvement in the attractiveness, visibility, and usability of the web-site reflects the rising resources being brought to bear on this huge growth opportunity.

As mentioned earlier, only the difficulties involving mall-based physical stores remain to be addressed.

Recent poor stock performance presents only a temporary concern. Indeed, as a small-cap issue increasingly associated with the internet stock sector, SHRP lies especially prone to the fears and concerns which have been sweeping through markets as interest rates may be poised to tread higher.

For the long-term investor, a unique buying opportunity has arisen. A three-year target of around $40/share is likely to be attained.

However, the short term remains plagued with market-wide worries.

J.M.
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