RAZF--Razorfish...Will this little fishy be a good catch?? 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.

Technology Stocks : RAZF--Razorfish...Will this little fishy be a good catch??

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dennis who wrote (221)	7/8/2000 1:42:47 PM
From: Dennis	Read Replies (1) of 258

MORE INFO> Razorfish Inc(RAZF) 1 - Buy K. Keirstead Conversation with CFO (A,C) OLD NEW STREET P/E Price: $15.875 EPS 1999 N/A $0.22 N/A N/A 52 Wk Ra: $57 - 12 EPS 2000 $0.30E $0.30E $0.30E $52.9 Mkt Cap: $1.6B EPS 2001 $0.42E $0.42E $0.43E $37.8 FY: 12/31 Price Target $40 $40 Rank 1 1 •Last week we spoke with the CFO of Razorfish to update our outlook. At just 38 times expected 2001 cash EPS and 3.7 times 2001 revenues, Razorfish shares are oversold given very strong company and industry fundamentals. •Razorfish should comfortably beat our $70 million revenue estimate for 2Q00. Recruiting is ahead of plan, turnover should remain flat at 18%, over 10% of revenues are derived from wireless projects and the European currency impact is small. •Importantly, the average billing rate of $171 per hour in 1Q00 has big upside given a rate increase of 10% in the US and 20% in Europe initiated on July 1st. •We expect Razorfish to report 2Q00 earnings on July 25th at 4:30PM. We reiterate our 1-Buy rating.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next