NewsEdge (NEWZ = INDV + DTOP) Message Board

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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP)

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To: Len Giammetta who wrote (481)	7/15/1998 4:39:00 PM
From: stockvalinvestor	Read Replies (2) of 2365

Robertson Stephens analyst Keith Benjamin sees the stock reaching 30 in one year from its forlorn 9. "They will get pretty close to break-even next quarter," says Benjamin. A survey of four analysts shows a consensus NewsEdge will earn 55 cents a share in its 1999 fiscal year. In the June quarter, the company is seen losing 5 cents a share. "Desktop Data had a great run and then the business slowed down," said Benjamin, who sees a profit as soon as the December quarter. "Free news feeds from Yahoo confused people." Gay, at Global Equity Analytics, which scrutinizes company's balances sheets, says NewsEdge could pleasantly surprise investors. "This company has changed its stripes in one fell swoop (with the acquisition of Individual). If costs go down and margins go up, look out." Benjamin says NewsEdge needs to prove it can "consistently" deliver the hundreds of news sources the company has aggregated under its roof. "I think their concept of delivering news to professionals' PCs works," Benjamin said from San Francisco. "It's a pretty simple business."

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