SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Integrated Information Systems, Inc. (IISX)

 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext  
To: HiSpeed who wrote ()3/17/2000 7:34:00 AM
From: SgtPepper   of 8
 
information from www.ipoisland.com :

Analysis: Yet another e-consulting firm. For the past few months, we have been talking about the large amounts of companies involved in the areas of e-business consulting. Yet despite the large amounts of companies involved in the sector, it isn't crowded. Why? Because according to International Data Corporation, the e-commerce, e-business professional services business is expected to grow from 7.8 billion dollars in 1998, to 78.5 billion dollars in 2003. That is a tremendous sized market and more importantly growing at a exceptional rate. Integrated Information Systems' sales are growing very strongly and more importantly the company has been made a profit during 1999. The deal's underwriters are very strong led by Robertson Stephens.

The deal's float is low, and the company is very cheap on a relative valuation basis. Based on the average price to sales ratio of the company's closest competitors, Inforte, Organic, and Agency.com, of about 30, Integrated Information Systems should be valued at about 420 million dollars. We actually think the company should be valued even higher due to their profitability. Overall expect a very strong IPO from Integrated Information Systems.

(420 mil/20 mil shr = $21)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFileNext 10PreviousNext