DRIV (DIGITAL RIVER). Get in on internet IPO. Message Board

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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.

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To: C. McD who wrote (2728)	10/18/1999 1:50:00 PM
From: David Browning	Read Replies (2) of 3198

Read Prudential report; low est for Q3 revenues.. In trying to understand recent price weakness in DRIV in spite of apparent booming business activity, I just read Prudential rec of 9/24. Mark Rowen wrote comprehensive report and gave stock a "Strong Buy." But, his revenue estimate for Q3 only $17.7 million (Q4 $20.4). This is considerably lower than most thread estimates, which have Q3 at $20+ million. If market accepting this, it would be a downer for stock, as the rate of quarter-on-quarter increase would be substantially lower than recent or anticipated. Obviously, we will all know th Q3 numbers next week. My own guess is $20.5 million and, if that proves close, watch out for something like $30 million in Q4! If Mr. Rowen proves correct, I will be greatly disappointed. Hanging On, David

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