On 2nd reading-
by: joey9692 127 of 137
I have to agree Keith Benjamin appears bullish on NETP. He has it in his basket of 20 inet stocks to buy - although he has it in the "unseasoned stock" list.
His comments:
WHICH STOCKS NOW? Despite current apparent lack of discrimination, we remain convinced that stock prices will tend to mirror underlying fundamentals over time, with the winners eventually growing into significantly higher valuations. Because we expect June quarter results will exceed expectations at least as much as we saw in the March quarter, we expect the next reporting season will be a positive catalyst for the group. We are hoping for greater differentiation on the rebound between the big and small franchises. With so many recent IPOs, we believe it takes time for investors to appreciate new stocks.
Today, we would recommend starting to build a basket of stocks, still over-weighting the leaders, but now including some of the emerging companies. We tend to rank these stocks by looking for near-term catalysts and valuations that appear reasonable to us relative to individual company market opportunities. As such, we would start with the seasoned stocks first and the larger, unseasoned stocks.
We define the seasoned stocks as those that have been around for awhile and that investors acknowledge as winners. Among the larger seasoned names are Amazon.com, AOL, CNET, CMGI, eBay, Lycos, TicketMaster Online-CitySearch, and Yahoo! Among the smaller group of seasoned stocks are InfoSpace and Digital River.
The unseasoned stocks include the recent IPOs and those companies still suffering from competitive confusion. Among the larger unseasoned names are Gemstar, Network Solutions, and Priceline. Among the smaller unseasoned names are Modem Media Poppe Tyson, Multex, NetGravity, NETPERCEPTIONS, and SportsLine.
In each case above, we have confidence in June quarter estimates and the ability of each stock to rebound.
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