DGV third most active on Friday for the Amex. Lets see what next week bring. Recent IPO trading at it offering. I think we will see further upside in DGV (15.00 EOM).
Thanks,
SW
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Digital Lava to Earn 72 Cents/Sh Next Year, Business Week Says
Los Angeles, March 18 (Bloomberg) - Digital Lava Inc., a maker of software for creating computer video that went public last month, should earn 72 cents a share next year on revenue of $18.7 million, compared with an estimated 78 cent loss this year, Security Trading Capital Inc. analyst Ray Dirks said in Business Week's ''Inside Wall Street'' column. Digital, whose partners include Microsoft Corp., RealNetworks Inc. and Silicon Graphics Inc., ''is a very undervalued play on the future of video applications on computer networks,'' said Brian Hathaway of Hathaway Investment Advisers, which owns 230,000 Digital shares. An unidentified money manager thinks Microsoft may incorporate Digital's video software in its products, the magazine said.
Digital, whose shares rose 1 11/16 to 6 3/4, sold 2.4 million shares to the public Feb. 17 for $7.50 a share.
(BW, 3/29, 180, www.businessweek.com)
20:16:27 03/18/1999
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