Cents and Sensibility - Kimberly and Friends' Consortium Message Board

STOCKTALK

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.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kimberly Lee who wrote (60990)	3/30/2000 10:58:00 AM
From: Dave Gore	Read Replies (1) of 108040

Full Report on OPTO (13-3/4 x 14); Merrill has $27 price target. I am certainly perplexed; even the new acquisition is being praised; where is the bottom? Anybody know what is going on? COMPILATION OF RECENT BROKERAGE REPORTS FROM BRIEFING.COM AND NEWS REPORTS BACKGROUND: revenues rose 77% Optio Software, Inc. provides software that enables organizations to customize and deliver information to a global network of digital destinations, including printers, faxes, e-mail, the Internet and wireless devices. For the 9 months ended 10/31/99, revenues rose 77% to $23.2M. Net income totalled $1.3M, up from $598K. Results reflect a growing acceptance and increased sales of software licenses to customers. ON THE RECENT ACQUISITION Merrill Report -By purchasing Muscato OPTO is bolstering its emerging e.Com product line with a suite of e commerce functionality that will allow Optio to add bi-directional XML support to its information broadcast technology. -We expect this more comprehensive offering to expand its B2B integration offering. -We think this deal makes sense. Optio picks up attractive XML server technology at an attractive valuation (4x trailing revenues) and will immediately benefit from this accretive transaction. We believe OPTO, at 7.5x CY 200 revenues represents undiscovered value. FROM BRIEFING.COM: several upgrades and $27 price target by Merrill Lynch 15-Mar-00 Optio Software (OPTO) 20 -7/8: Software company reports a Q4 net of $0.03 per share, a penny better than the Zacks mean estimate, vs year-ago loss of $0.02; see press release . 10-Jan-00 Optio Software (OPTO) 20 1/16 -2 5/8: Merrill Lynch initiates coverage of software company with a near-term accumulate and long term buy opinion; price target is $27; Merrill Lynch was one of the underwriters for the company's IPO..... March 28 Bear Stearns Initiated Re-iteratre Attractive 16-Mar-00 Merrill Lynch Reiterated NT Accum/LT Buy 11-Jan-00 Bear Stearns Initiated Attractive 10-Jan-00 Robinson Humphrey Initiated Buy 10-Jan-00 Merrill Lynch Initiated NT Accum/LT Buy

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next