7 Positive ARBA Upgrades and Buys from Feb 2001
(and there's more.....go see for yourself at netcog.com)
from Netcog.com:
(1) ARBA: Lehman Brothers upgrades to BUY from Market Perform, with a price target of $52
AGIL acquisition extends application strategy to add a combination product design. Lehman concerned about increased network revenue from CSN activity
(2) Article: Sands Brothers Views
QCOM - reiterated buy - target $123
ARBA - reiterated buy - target $100
OTHER VIEWS
(1) CSFB Actions
Resumed
ARBA – Buy
(2) Larry Waschka, tentopstocks.com
Author of "10 Stocks That Could Change The World" says the questions to ask are: What industries are radically changing? Which of these will grow the fastest? What companies are the leaders?
Pick the fastest growing new industries and single out the leaders in each one. But don't pick just one, pick a handful. There's no way of knowing which one will end up on top.
ARBA is his pick in the B2B sector.
(3) Michael Cohen, fund manager at Alpha Analytics Investment Group, was today's guest on CNNfn's "Talking Stocks". He gave his market views and answered questions on specific stocks.
CSCO- stay away for near term. Cohen likes this stock for long term.
JNPR- preferred to CSCO. Has been taking market share from CSCO. There are better buys in tech than both CSCO and JNPR.
ARBA- has been immune to slowdown in tech. Has beat earnings. Their customers are old economy, coming into high tech world.
(4) Article: Bill Gurley of Benchmark Capital
Interviewed on CNNfn Digital Jam on Thursday, February 1, 2001
These uncertain times have a lot of focus on transition in the venture capitalist market. The public markets are signaling growth at all costs. Now people are focused on profitability, which he thinks is a good thing. Although, “transition” is the word that most people are focused on.
Benchmark Capital holds JNPR and ARBA, along with several great private companies.
(5) Roger McNamee, Integral Capital Partners, looks at the technology outlook
Interviewed on CNNfn Digital Jam on February 1.
Investing has changed, and there has been an explosion of interest in venture capitalism and the public market. Five years ago, a lot of people in our country didn’t know what venture capitalists did, and even fewer understood the technology market place. Now technology is something that even children know about. This caused an explosion in opportunity and a contraction that will be very healthy.
He believes that AMZN will be profitable by the end of this year. While the Internet is changing, there are few industries that have been transformed by it. The book and music categories are AMZN’s two biggest spaces. They are a multi-billion-dollar company, a huge success with great customer loyalty, and he wouldn’t be surprised if they were profitable for the year as a whole.
There are a lot of great technology companies in Texas. The leaders of these companies have taken interest in President Bush. McNamee hopes that he will listen to them and learn about technology. He believes that things will move more slowly over the next 2-3 years, than they did in the last 2-3 years, making it easier for newcomers, like Bush, to get up to speed.
“The critical element today is a time horizon that is adequate to get us through the uncertainty we face right now. I think if you look out about two years, that will get you to a point where we’re back in some kind of bull market phase. I, frankly, think that the worst is over. We have a lot of earnings corrections yet to come. We have a lot disappointment in the numbers, but I think the stock market largely reflects it.”
Areas they have been putting their money into: ERICY, Enterprise Software, ITWO, ARBA and AGIL. |
