Thanks HJ. I'm prepare to average down BVSN in the teens. Why ORCL, a B2B play, jumps up fast today? If BVSN keeps its current 300% earning growth rate until 2002, its P/E would drop to ~40 in 2 yrs (assuming BVSN stays in the 20s). After reading the March 31 Friday WSJ article about B2B exchange sites, I think I'm giving up VERT and ICGE in favor of CMRC, ARBA, BVSN and ORCL. Since VERT and ICGE compete w/ their customers, i.e. their customers can buy some softwares and hires a few techs to build their own B2B exchange sites cheap and become their own sites big customers, ICGE's biz model might be dead -- you or William taught us you should never compete against your customers. ORCL, BVSN, ARBA and CMRC would be the final winners of B2B games in the longer terms.
BTW, BVSN gets its attention today. Its trading volume is in the top 10 along w/ other WS darlings after CSCO, QCOM, JDSU, ORCL, INTC and SUNW. ARAB # 12 right after PMCS MSFT AMAT and YHOO
toplist.island.com |
