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Technology Stocks : Ashford.com Inc-(ASFD)

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To: Mohan Marette who wrote ()12/4/1999 12:29:00 PM
From: xgin  Read Replies (1) of 111
 
I posted this on other boards too:

>Date Broker Comment
12/1/99 Goldman Sachs reiterates trading buy, raised target from $20 to $30 strategic partnership with AMZN

10/22/99 Deutsche Banc Alex Brown reiterates strong buy, exceptional F2Q results highlighted by 22% revenue upside

10/18/99 Goldman Sachs initiate coverage with a market perform, stock trades at 60%, discount to peers, target $20, FY00 estimate ($0.77) and FY01 estimate ($0.91)<

Does anyone think there may be revised upward earnings due to the Amazon deal?

Stu

>Consensus EPS Trend This
Qtr
12/1999 Next
Qtr
03/2000 This Fiscal
Year
03/2000 Next Fiscal
Year
03/2001
Current -$0.26 -$0.19 -$0.84 -$1.03
7 days ago -$0.26 -$0.19 -$0.84 -$1.03
30 days ago -$0.26 -$0.19 -$0.84 -$1.03
60 days ago N/A N/A N/A N/A
90 days ago N/A N/A N/A N/A

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Quotes delayed 20+ minutes

about the alliance," said Ashford.com chief executive Kenny Kurtzman. "It validates the [luxury goods] category and endorses us as the leader."

Kurtzman said that Ashford.com's customers spend an average of $500 on the luxury goods site. If only one percent of Amazon's current customers buy items on Ashford.com because of the deal, those added customers could translate into some $65 million in new revenues for the company, he calculates.

"If we're successful with this, the upside to our business is huge," he said. "We're giving only 16.6 percent of our company to acquire those customers. From our perspective, as a way to grow the business, it's a no-brainer."

Amazon spokesman Paul Capelli said the agreement allows the e-tail<

Here's a great comprehensive site.

justquotes.com

I still think we are ahead of the curve and that this stock is still pretty much of an unknown in the investing world. Look at the volumn when the deal with AMZN was announced. Pretty low I think considering the news. We ( I have 300/24 and 100/19 1/2) are just ahead of the curve and have to wait for the stock to hit more investors radar screens. And it will in IMHO.

Ok I'm not a great chart reader, but to me this looks like we're back filling the gap up?

a 1 month chart:

fast.justquotes.com

And of course ther is a small float (6M+)
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