NEON AMAT
don't know if you recall, last mid-December, I was playing AMAT, I didn't know whether it was a hold (with a 2 to 3 dollar loss) with the "buy on dip" mentality or not. With little to no feedback, I did sell it for a loss, only to see it gap up and continue on it way to where it is now at 60.
well now I have found another company ... that I have done some "valuation" reading on, that company is NEON, New Era of Networks
It will not stay in the low 40's for very long, I have started to accumulate now, buying at friday's close. I have traded it several times in the last few weeks. Did not hold through earnings as I have (a real fear and loathing of the "unknown")
NEON
Business Summary
New Era of Networks, Inc. develops, markets, and supports application integration software and provides application integration services. For the fiscal year ended 12/31/98, total revenues rose from $16 million to $41 million. Net loss rose from $4 million to $13.2 million. Revenues benefitted from increased indirect channel revenues, increased professional services and acquisitions. Higher loss reflects a $17.6 million charge for acquired in-process research and development.
Thursday April 22, 1999
[external] New Era of Networks picks up SLI - at News.Com - 5:05 pm
New Era of Networks upgraded by Dain Rauscher - Briefing.com - 4:35 pm
New Era Of Networks Inc. Posts $0.08 vs. $0.04. 1Q EPS - Standard & Poor's - 2:45 pm
Wednesday April 21, 1999
New Era of Networks Q1 net rises - Reuters Securities - 10:35 pm
NEON Acquires SLI International AG - PR Newswire - 4:20 pm
New Era of Networks, Inc. Reports Record Results; Tenth Consecutive Quarter of Revenue and Earnings Growth - PR Newswire - 4:05 pm
Wednesday April 14, 1999
NEON Provides Enterprise Backbone for IBM's E-Business Solution; NEON's Rules and Formatter Engines Embedded Into IBM Commerce Integrator - PR Newswire - 2:39 pm
Tom ... give us something to bite into on PERI ... I recall it was one of the Z's plays back a couple years ago. |
