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Technology Stocks : Edify (EDFY) IPO -- Any Comments?

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To: helkel who wrote (204)4/21/1999 8:37:00 PM
From: Paul Dubsky  Read Replies (2) of 355
 
Edfy = Diamond in the rough!
I don't understand how EDFY can be trading a 1/10th the value of SONE, yet have a better product, as I've heard that the company indicates that they gets wins over SONE all the time. It's just a matter of perception. On the Street, tought to understand the logic. They say the market is efficient. But, in this case, I think it's a matter of discovery. Once EDFY can prove they have what it takes, watch out. While SONE is overvalued relative to their potential, today, EDFY is completely undervalued, relative to their potential, tomorrow! Anyone say they are losers cause of losing money, well, SONE loses lots of money and doesn't even have as much revenue as EDFY! Go figure.

Just as HRBC was undervalued at $5 - $7 (now at $10), and FRTE was undervalued at $4 - $5 (now at $6, soon to be above $10 after earnings tomorrow), so is EDFY at $5 - $7. Look for a rise to low teens until mgmt can prove their worth, then watch out and count the $$$$$$

Can it really be this easy?
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