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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote (28800)11/16/1999 6:32:00 PM
From: gizmo&jack  Read Replies (1) of 108040
 
For what it's worth, here's my take. (I actually just like to hear myself speak). QNTS was obvious. KANA is not an exact comparable, but KANA's revenue was $3.6mm last quarter and is trading at $4.5B market cap. QNTS 6 month revenue was $13.3mm and opened with a market cap of $1.5B. This one has room to run. After KANA and EPNY, I see potential for triple digits. And the way JNIC ran and with the FOMC out of the way, it wouldn't surprise me if it happened this week (but I am not predicting that). ASDS surprised me today right from the opening bell, but this stock is just too cheap for its industry and revenue base. I will need alot more evidence of disinterest here before I sell. Think alot of games are taking place. Did sell SMRA at 16 at the end of the day. Don't want to get greedy with this one. I knew it would break 15 on technicals alone when I recommended it at 13.5, but now I don't know. The market it is in is not a high growth market (expectations to grow from current $180B to $230B in 2002). This will keep it from being a high flyer imo. At best, it will slowly creep higher. Not a bad stock with nice fundamentals, but there are simply better options out there. Well, that's all I've played this week. Sticking with the premier stocks for now. G&J
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