Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (20049)	10/4/1999 10:05:00 AM
From: mark cox	Read Replies (1) of 25711

ITRA - Intraware Inc. announced the acquisition of two companies this morning. These two companies will greatly expand their internet services which is where their highest margins are. Three analysts revised their estimates upward just last week. Well now they will have to revise them upward again. Hopefully this time they will issue a 'Strong Buy' instead of just a buy. This company is going to be huge. They just revised revenues to be $77 million up from their earlier estimate of $70 million. This will be an ongoing evolution with this company no doubt. They have no direct competition and now have too big of a lead for anyone to catch them. Someone has been selling into the 5 press releases and the quarterly numbers release late last week. When that selling is done this stock will probably take off to the $50 range. biz.yahoo.com Mark

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