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Technology Stocks : Verio (VRIO)

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To: lazarre who wrote (642)2/1/2000 11:35:00 AM
From: danofthebes   of 676
 
Exactly right.

I added at 57.875 this am. Posted this on Yahoo regarding this morning's H&Q analysis. Will take some profits on the way back up, but probably hold some as core holding. If GBLX Global Center IPOs this year, I would look for a sympathy pop on the sector buzz.

H&Q comments - no link - copyright, key points:
...2000 and 2001 revenue ... $410 million and $689 million...original estimates $401 million and $536 million...EBITDA negatively impacted in the short-term, but market will reward Verio for accelerating growth in its higher value-added services... at 10x 2001 revenue estimate compared to 14x for web hosting peers...
I view this as a buying opportunity. Above facts did not change with Herb's departure.
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