Bridges.com (T.BIT) Message Board

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Gold/Mining/Energy : Bridges.com (T.BIT)

BIT 13.03

+0.9%

Nov 21 4:00 PM EST

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To: waldo who wrote (137)	1/28/1999 8:56:00 PM
From: David Michaud	Read Replies (1) of 1249

Guys, this is what Grant Robertson for BuyLowSellHigh posted today at stockreviews.com "Based on the company's year end results, which were released during the second week of January (EPS of $0.11 per share), we have upgraded our original target to $3.00-$4.00 which is 15-20 times projected 1999 earnings. As I am sure you are aware, investors are extremely keen on internet related stocks right now, so such an earnings multiple is not unreasonable to expect. In fact, it is certainly possible that a higher multiple could be attributed to the company. For this reason, investors may want to hold a portion of their position beyond these target levels. Current rating is 3 stars, but I would caveat that rating with a reminder to expect above-average volatility." DM

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