Neoforma.com, Inc. (NEOF) Message Board

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Technology Stocks : Neoforma.com, Inc. (NEOF)

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To: Chisy who wrote (26)	9/6/2000 12:59:30 PM
From: Chisy	Read Replies (1) of 41

From Business Week: (Target 16) Wednesday September 06, 2000 (09:46 am ET) Is Neoforma.com Ready to Begin a New Life? The once-molten but now stone-cold B2B stock is a revival waiting to happen, according to one pro By Gene Marcial, Business Week NEW YORK, Sep. 06 (Business Week Online) - It's no secret that dot.coms and Internet stocks have been clobbered, with many yet to recover from their steep losses. Are any of these limping shares primed to snap back and worth look at? Some pros think so, and one they favor is Neoforma.com Inc (NEOF), which connects buyers and sellers of health-care products and equipment on the Internet. Neoforma.com was one of the hottest dot.com IPOs this year. It went public on Jan. 24 at 13 a share and jumped to 48 the next day. In a month, the stock had soared to more than 73. But, it was downhill from there -- way downhill. It's now trading at 3 1/16. "The big hit that Neoform.com took represents a significant opportunity to get into the stock," argues Anthony V. Vendetti, a senior vice-president for research at New York investment firm Gruntal. He thinks that based on a conservative analysis of revenue growth and projected earnings, the stock is worth 16.

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