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Strategies & Market Trends : Rande Is . . . HOME
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To: Mark Konrad who wrote (33334)8/30/2000 6:38:00 PM
From: DlphcOracl  Read Replies (1) of 57584
 
Investor alert -- Vignette (VIGN)

There is a quiet but definite stealth rally in several of the blue-chip internet stocks over the past week, namely: CMGI, BVSN, and INSP. VIGN is the dominant e-commerce software compare, enabling other companies to smoothly set up and monitor their internet e-commerce sites. It closed today at $34 & change, very near its 52-wk low. This is a profitable stock with Q2 earnings report on 7/25 reporting 40% sequential growth (quarter-over-quarter) and year-over-year growth rate of 419%. They have a broad-based, impressive client list and have a product which is clearly superior to other offerings.

As select internet stocks return to favor going into Q4, I feel this is one on the internet stocks that will take off. I think its current depressed price is an example of "the baby being thrown out with the bathwater".

As always, due your own dd, but this looks like a good buy at this level with little down-side risk from here.
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