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Technology Stocks : Internet Guru Discussion

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To: Eric Green who wrote (3477)12/24/1999 2:27:00 AM
From: steve harmon - analyst  Read Replies (2) of 4337
 
pivotal - its eBRM solutions won awards from microsoft industry solutions and its roster of clients is impressive: yahoo, hp, lucent and intel to name a few

revenue growth at 90% for latest quarter also indicates strong demand for its products/services

despite hitting a recent high i think pvtl may have some value left in it at $821 million market cap, especially if it can hold down losses as it grows

the sector is very competitive which can be viewed two ways, with the bullishness becoming apparent: if pivotal is getting accolades in a crowded group then that speaks well of it

trading at 35x annualized revenue but that could be 15x forward revenues if the pace continues -- the segment in general looks like huge growth to me as corporations need to 'internetize' their sales & marketing channels
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