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 : StorageNetworks, Inc. (STOR)
STOR 32.210.0%Feb 3 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Cosmo Daisey who wrote (56)7/25/2000 1:18:36 PM
From: The Other Analyst  Read Replies (2) of 187
 
Gilder's recommendation likely accounts for the surge in this stock since its IPO June 30. I think it has gone up far too much. Today is the first day that the underwriters' analysts can initiate coverage. The stock is not performing well despite these initiations, and despite the company issuing three press releases. Goldman Sachs in the report issued today projects revenues of $36 million in 2000, and $107 million in 2001. So the stock's market cap, with nearly 90 mm shares and a price around $130, is more than 10 times revenues in 2001.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News