e-Commerce the Next 100 Months...... Message Board

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Strategies & Market Trends : e-Commerce the Next 100 Months......

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To: jjs_ynot who wrote (1645)	11/9/1998 5:02:00 PM
From: TLindt	Read Replies (1) of 2882

Portfoilio is looking really good...on this run...particularly the portals. One However I think is dead...CYBG. We were luck enough to get some profit out of it on an early trade but it has since bit the dust...cost $8 trading at $1.25. I'd like to get that $470 loss back, but don't think they are gonna get it for us. I have been following a turn-around play for over 2 years on a stock once as it moved into e-comm software products...particularly e-statements & e-bill delivery. Also some y2k stuff in a recent deal with Ford. Just a few weeks ago this one was trading at $1.5, I got in on the early side of that low at $2 and have since averaged up twice. Interestingly enough last quarter they made 7 cents a share, and had a write down on discontinued operations of 8 cents...so on a contuning basis they made 15 cents. They've just about made from what I can tell the transition to e-commerce based software products. They are a primary ally with Transport on EBPP...a direct competitor with CheckFree already in our portfolio, allowing us to play into both ends. They are also aligned with Serling on a Messaging product. I'm biased here cause I'm buying them anyway, 900 shares so far...but they are still selling at less then 1 X sales or $4.89 share...which is much better then anything else we got on the portfolio now, plus they've done what every other e-comm company seems to be able to do, and that is put up one quarter in a row with profits...the next one who knows. But I say if they do it again they won't be a $3 stock. I propose to close out CYBG and roll it into a 100 share purchase of INTF with a target of 1.5 x sales or ~$7.00 in an effort to recoup the loss on CYBG. If e-bill hits their partnership with TransPoint who is; CitiGroup, MicroSoft & First Data Corp. should serve them well. It goes against under $5 in this portfolio...but we are stuck with one already CYBG...plus it made more per share then most of them we got up there. Up to you guys need about $250 cash plus the CYBG position closed out. biz.yahoo.com

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