Amzing trades ,, proves one can make a living folowing just one stock ,,
CMGI is a good example , with intra swing of 2 - 10 points ,, every single day ,,
Our buy of ROSS today ,
ROSS ..
Insiders have been buying ,,
quicken.com
BlueStone Capital Initiates Coverage of Ross Systems Inc. with a Strong Buy Recommendation
NEW YORK--(BUSINESS WIRE)--Nov. 6, 1998--Senior Analyst, Steven
Jaworski at BlueStone Capital Partners, L.P. initiates coverage of
Ross Systems Inc. (NASDAQ:ROSS - $2 7/8) with a STRONG BUY
recommendation and a 12 month price target of $6 per share.
Ross Systems is a supplier of a broad range of open
systems/client-server enterprise-wide business application software,
that addresses the enterprise resource planning (ERP) and supply chain
management (SCM) needs of primarily process manufacturers, healthcare
and not-for-profit institutions. Ross has completed nearly 5,000
installations with over 3,000 customers in 24 countries.
Analyst Summary
-- We anticipate that Ross will meet our expectations given the
turnaround in operational performance, its leadership position
within its vertical markets and the growing number of big name
consulting groups who are partnering with it.
-- Trading at a significant discount to the company's comparable
group, in terms of CY99 P/E and last 12 month (LTM) sales, we
believe the stock is undervalued at its current price level.
-- The company expects to grow its sales force by 20% in FY99. This
move combined with the growing network of third party business
partners should provide the foundation for future sales growth.
banking and brokerage firm that delivers financial services to
emerging growth and medium size companies worldwide. BlueStone Capital
assists clients in maximizing their growth by providing sophisticated
investment strategies that are designed to achieve clients' strategic,
operating and financial goals.
CONTACT:
BlueStone Capital Partners
Steven Jaworski, 212/850-0566
KEYWORD: NEW YORK
|
