DRIV (DIGITAL RIVER). Get in on internet IPO. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rick Hudson who wrote (1698)	5/3/1999 10:23:00 AM
From: Platter	Read Replies (1) of 3198

Strong Buys Analysts Praise DRIV, CNET, LU May 1, 1999 The following interview was featured in the latest edition of Multex.com, Inc.'s weekly newsletter, The Internet Analyst. To read the newsletter in its entirety, please go to multex.com. Looking for a play in Internet stocks? Analysts and investment banks contributing research to Multex.com, Inc. have identified the most followed companies this week among The Internet Analyst's universe of 100 stocks. Digital River Inc. (DRIV) is rated STRONG BUY by Bankers Trust Research/BT Alex. Brown, with a 12-month price target of $65. The $11.7 million in revenue posted by the company in the first quarter beat the brokerage's forecast by 17%. The brokerage also raised its 2Q99 revenue projections to $14.3 million from $11.5 million and its full-year revenue forecast to $61 million from $51 million. For 1999, Bankers Trust Research/BT Alex. Brown anticipates a loss of $1.16 per share, but expects that figure to decline to a loss of $0.67 per share in 2000. The brokerage anticipates that Digital River will announce several key customer wins for its new transaction fee-based e-commerce service, CommerceBridge.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next