Here is the CNBC story on ETYS, very positive, IMHO
cnbc.com
an excerpt:
So what happens to all these dot-coms as we go forward? There is likely to be plenty of
consolidation: The more-viable companies will likely be bought by bigger rivals, while
others are likely to call it quits altogether, analysts sau.
"We do see an indicator of consolidation," Dykema says. "There are more models than
profit potential."
Analysts say eToys is likely to be one of the survivors in the
end, however. Indeed, analysts remain optimistic about the
stock?s prospects. Of 14 analysts who follow the stock, one
rates it "strong buy," six rate it "buy," and seven rate it
"hold.""It should be a long-term player in the sector," Noto
says.[Goldman Sachs analyst]
And the site is considered a top performer. In a recent study by
Resource Marketing, eToys was the top overall Web site during
the holiday season
Its stock may never be a highflier again, however, some analysts
say.
"I don?t think a lot of these stocks will ever come back," Walberg says. He expects
eToys to rise to the mid-20s but says a high in the 80s again anytime soon is unlikely. |
