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Technology Stocks : EPAY
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To: HerbVic who wrote (166)2/25/1999 2:55:00 PM
From: Glenn Petersen  Read Replies (1) of 717
 
They earned $.20 (on a fully diluted basis) for the six months ending December 31, 1998 and $.20 for the fiscal year ending June 30, 1998. The company posted a $.23 loss during the prior fiscal year. My guess is that they will earn $.45-55 for the fiscal year ending June 30, 1999. The first analyst recommendations should be out on March 11. They should give us a clearer picture. Even though the initial recommendations will be from the underwriters, I would expect the stock, IMHO, to move up into the middle or upper 20s. Assuming, of course, that the overall market holds up.
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