Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 182.35

-0.6%

Dec 5 9:30 AM EST

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To: Trader J who wrote (5870)	1/25/1999 2:13:00 PM
From: D. K. G.	Read Replies (1) of 56535

UNFY - the last of the web application server companies has been active lately. As other companies in the same business have been acquired: Kiva by NSCP for 168 million Webshpere by IBM Weblogics by BEAS 192 million Net Dynamics by SUN 180 milion UNFY @12.00 has a market cap of 101 million so there is still some premium if it goes at a price like the others. Maybe $19-22 based on 168-192 million dollar previous take out prices of competitors. Based on UNFY's 8.47 million shares outstanding. I think it will be a good position trade over the next couple of months. If they go it alone, it has a good business, earnings have been accelerating. So the risk to the downside vs potential reward is favorable. I think Herb Greenberg featured this company back in December on CNBC and it ran, fell back a bit but has remained strong. Any thoughts out there + or - ?

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