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Technology Stocks : DoubleClick Inc (DCLK)

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To: Raymond who wrote (1791)4/27/1999 11:15:00 PM
From: Lizzie Tudor  Read Replies (1) of 2902
 
Unfortunately it's DCLK that only met the earnings estimate. No way this will be tolerated

Really? How long have you been in this stock? Do you realize that last earnings dclk came in .01 below estimates? But revenue increased 100% (as I recall) and we all know what the stock did. This is what analysts care about with regards to this stock -

DoubleClick's Chief Financial Officer Jeffery Epstein told Reuters in a telephone interview he continued to see the number of ads placed online by DoubleClick doubling every six months.

''We think we can do 20 billion ads by December, and 80 billion ads by December 2000,'' he said.


I'm not saying there won't be a pullback but to state that coming in anywhere near the estimates is some sort calamity is not consistent with the past
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