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Technology Stocks : Quintek Technologies, QTEK data archival etc..

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To: KZAP who wrote (163)1/8/2000 7:36:00 AM
From: Alex  Read Replies (1) of 406
 
KZAP,

I hope you are right.

Off their clock a little? Somebody is off a year! On March 30, 1999 Capitol Bay Securities put out a document projecting 1999 earnings at $0.14, 2000 at $0.24, 2001 at $0.41, 2002 at $0.82, and 2003 at $1.50. Now I come to find out that somehow their current projections are shifted by exactly 1 year from their earlier estimates. That is, they are projecting $0.14 for 2000 (not 1999), $0.24 for 2001 (not 2000), and so on. And revenue projections are shifted (to the penny) by a year as well. Something looks fishy there to me. Capitol Bay looks like they made a mistake.

I also find through the links on Raging Bull that someone came out with a strong buy recommendation yesterday, and while reading that recommendation up pops the 8000 shares paid again. Hey, if they give me 8000 shares I'll recommend them too! On top of that, their 6 month price target if $5 a share, which just happens to be the price QTEK has to hit in order to be listed on the NASDAQ. Coincidence?

Let me tell you again, KZAP, we are on the same side. I want QTEK to skyrocket, too. Don't we all want to make money? You seem to be plugged into the company somewhat. But I have a pretty good sniffer for bull, raging or otherwise, and I have to take paid commercials and projections with a grain of salt.

If QTEK made money in the last quarter I will buy a chocolate hat and eat it. And I'll be extremely happy to do it.

I'm glad you have the decency to keep this discussion on the facts and not on a personal level. Good luck to us all.

Alex
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