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Technology Stocks : Niku Corporation (NIKU)

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To: Lhn5 who wrote (29)4/21/2001 12:36:00 PM
From: David Howe  Read Replies (1) of 57
 
I believe that NIKU has a target of profitability by 2002 Q3 (we are currently in 2002 Q1). If they can pull that off then 2003 should be solidly profitable (unless something unfortunate happens like another deep dive for the economy).

Just a hunch, but if they can become profitable, 2003 will be much better than .02. I tend to think they could pull off the .21. Give that a PE of 50 and we have a $10 stock. Higher PE due to rapid growth and an emerging sector / market and who knows where it could end up.

That's my bullish take on EPS estimates for now.

IMO,
Dave
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