Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Scrumpy who wrote (91163)	4/2/2000 3:02:00 AM
From: Jenna	Read Replies (2) of 120523

EDV... Something nice and fragrant from Miami.. low float and seemingly small interest but moves with the tenacity of the "Energizer Bunny" perfumania.com (there goes daylight savings time...) Envision Development Corporation operates an online store that specializes in the sale of fragrances, fragrance related products and bath and body products on a retail and wholesale basis. PF currently offers over 1,700 products at significant price discounts. For the nine months ended 10/30/99, net sales totalled $927 thousand. Net loss totalled $2.3 million. Results are not comparable due to the Company's formation on January 7, 1999. On February 23, 2000 H.C. Wainwright & Co., Inc. analyst Georgia Kounadis put out A BUY rating was reiterated with a 12-month price target of $50 per share. The company should generate earnings growth of 100% over the next three years.' On January 24, 2000 Roth Capital Partners, Inc. analyst N Tident posted a 'A STRONG BUY rating with a new 12-month price target of $75 per share. The company appears to be transitioning from a position as a business-to-consumer Internet retailer to a business-to-business applications service provider.' From the "INDUSTRY STANDARD" "E Com Ventures has sales (near $200 million), they have a small amount of shares outstanding (9.7 million) and a minuscule float of only 2.7 million shares." "Is this one of the best kept secrets on Wall Street ? Quite possibly so." "Importantly, at 7:30 (10:30 EST) Tuesday morning, (as in an hour "after" the market opens) they will be presenting at the Cruttendon Roth Institutional Conference (which we are attending) in Laguna Niguel, CA. We attend the conference every year which is heavily attended by institutional investors (mutual funds, money managers and hedge funds). We estimate that there is probably about $100 billion dollars worth of buying power among the various "suits" floating around this conference. So...kids, we have about an hour to an hour and a half jump on them. Heart be still." "Oh and did we mention the book value is $3.65 per share. We're not making this up. How good are we ?"

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