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Technology Stocks : GoTo.com, promising Internet search engine
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To: brk who wrote (784)7/24/2001 2:27:46 PM
From: Ryan Bartholomew  Read Replies (2) of 977
 
Patience. FWHT is still under the radar screen. Look at the relatively meager volume and lack of analyst coverage. Have a gander at their balance sheet (if you know how to interpret one). If you will pull yourself away from the hocus-pocus charts and daytrading for a second you will notice steady and rapid revenue growth with flat costs. Unless something dramatic happens, this company will be pulling in huge returns late this year and into next and the stock will have to react once this becomes a fact. Technical analysis means nothing in the long run...in the end, all that matters is profitability. I will glady shut up for a while and let performance speak for itself. GOTO, although not as solid financially, should join FWHT in the black as their industry continues to expand. This business model works...they are bucking the down trend in online advertising.
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