NSATF prints 15 again - laissez les bontemps rouler, mes amis canadiens!
INPT is a David Banister pick, btw:
From: "DAVID A. BANISTER" <dbanister@home.com> | Block address
To: "SMRM" <SMRM@onelist.com>
Date: Sat, 25 Dec 1999 12:40:04 -0500
Reply-to: SMRM-owner@onelist.com
Subject: [SMRM] stock market random musings Post XMAS update!
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Finally shaking off the dreaded Flu bug... next year I get a shot for sure. Lets do some updating on the market and SMRM picks etc.
First of all, INPT which I picked as SMRM 2000 pick (one of 4-6 last week posted) has already doubled in under 1 week from SMRM pick. Input Software is well positioned to capture significant business from their new XML based software that will likely be utilized by Banks, Brokerages, Mutual funds and the like in 2000 and forward. Already with award winning software systems and major clients, the new software is in Beta Version, shipping q1 2000 and already well received by the panels that have reviewed it on behalf of INPT customers. Thursday they issued further info in a press release, and the stock almost doubled from 8 1/2 to 15 3/4 during the day....lots of day traders. I recommended the stock at $6 per share for purchase, it now sits at 12 1/8. My target is $36 per share by May. The amazing thing was the value here... they have almost $3 per share in cash, very little debt, they have been buying back stock for 18 months, and the price to sales ratio was 1 to 1... there are infrastructure plays out there going for 100 to 1 ratios!! Clearly 7 or 8 to 1 is reasonable ratio for a growing small cap. Its one of Silicon Valleys fastest growing companies, Revenues up 1480% over last 5 years... and the market might be coming right to their next product line. You make the most money on tech stocks by purchasing them ahead of product introductions and or upgrades...ahead of the next profit cycle. Its Nice when you can double your money in 6 days... lets see if it holds or pulls back some. Either way its going to be a huge winner. |
