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Technology Stocks : VerticalNet, Inc.

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To: Apache Indian who wrote (37)3/9/1999 12:09:00 PM
From: Ben Wa  Read Replies (1) of 127
 
Let me know when the day traders find a new toy. Fundamentally, the stock is above the 12 month targets for all the analysts who follow it. Of course, the 12 month targets assume perfect execution to achieve the revenue and earnings estimates (losing money this year and next year). I just wonder with an estimate of only $14.2 million for 1999, and a $1.3 billion market cap, that's market cap vs. revenues of 92 times. I guess they have a cure for AIDS, cancer, and the common cold, too?
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