SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Buying IPOs on the open market

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rdmsqito who wrote ()10/27/1999 7:33:00 PM
From: dk10438  Read Replies (1) of 5529
 
re: jnic
i think that this stock got lost in the shuffle today... with so many good ipos coming out. check out the financials for this company

1996- 374k
1997- 2,900k
1998- 12,189k

and for the first six months

1998- 3,826k
1999- 15,071k

the growth of this company has been incredible. also, jnic is now turning a profit, i think that people were scared off because of the weak revenue growth of vixl; vixl is changing their emphasis to sans, in this area, they actually had reasonable growth of about 170%, so flat growth revenue isnt as bad as it looks. furthermore, vixls revenue growth has been relatively flat over the prior year, thus flat growth this quarter wasnt surprising. the writing was on the walls, but no one wanted to read it.

jnic on the other hand is a completely different animal. it s revenue growth continues to be over 400% and more importantly it has turned over into a profitable company. ffiv just released earnings and look what happened to them. jnic should be no different.

this stock is gonna ramp very very soon. im long on this and will buy more tommorow if it doesnt gap. should see 100 by the end of the qp. jmho
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext