THNK -- Think New Idea -- Rolls Royce of Web Page Creators Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : THNK -- Think New Idea -- Rolls Royce of Web Page Creators

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David H. Zimmer who wrote (140)	4/1/1998 2:32:00 PM
From: Jonathan Brown	Read Replies (1) of 545

From Briefing.com: THINK NEW IDEAS (THNK) 22 1/2 +5 3/8. THNK shares are experiencing an unusually large surge in price today on a simple initiation of coverage. Normally, it would take a much better-than-expected earnings report or rumors that the come is in play to move a $17 stock, almost 25% in less than a day. However, in this case, investors are simply responding to a Volpe Brown Whelan initial "strong buy" rating. One of the reasons the firm is so bullish on this issue is because it is expecting the provider of information technology and interactive business solutions to experience explosive margin growth: growing from 1% in the 1st qtr of 1998 to 8.2% by the 4th qtr. In fiscal year 1999, Volpe sees margins widening to 14% or better. Over the next year, the firm sees TKNK shares trading at $30 per share. Based on a Zacks survey, THNK will earn $0.25 (P/E 90) for '99 and $0.68 (P/E 33) a share for '99.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next