*TMNG*---> one to really watch, IPO'ed today and seemed to really get overlooked, but with very steady accumulation. Almost 2/3'rds of the buys indicated were institutional, which is unreal for a 1rst day.
Brought out today by H&Q...This is a real firm with real revenues and real earnings. Its growth recently spurted from 36% to 83% with the start of its European expansion. Revenues for 1999 are forecast in the $59 million range and the firm has an eye-catching 21% operating margin. These are unusually solid fundamentals for an IPO in a high tech, high growth industry.
read:
worldfinancenet.com
**On track to double revenues this year, TMNG is way undervalued at the current price ending today. I really think it got overlooked & will be like retk and i see 50's written all over it by next week. The company is in high tech, high growth industry, with 170 clients , estimates 59 millions in revenues for 1999, and 21% operating margin... @ just $28 ? This is laughable!
***You know the only thing wrong with *TMNG* that i can see? --->It's profitable, LOL!
Take a look at who's running the company:
Richard P. Nespola – TMNG President and CEO Named by Phone+ magazine in both 1997 and 1998 as one of the top 25 most influential executives in the Telecom industry:
hoovers.com
RICHARD NESPOLA : Founder, President and CEO, The Management Network Group
STATUS: Mr. Nespola is so smart it hurts, which is why nearly every significant interexchange carrier and billing company has, at one time or another, called him in for strategic and/or operational advice. His firm is focused on realities, not theory, and rarely misses.
With 175 consultants in the United States, TMNG recently got a cash infusion from Behrman Capital to expand globally. Investment bankers tell us that the big-ticket strategy consulting firms can't even tie Nespola's shoes. ..He's number 16--->
phoneplusmag.com
I really think one fell thru the cracks today, @ a mere $28/shr, and easily see it rising soon and very fast!
:-)
2MAR$ |
