SI
SI
discoversearch

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 : USWeb (USWB) -- Ignore unavailable to you. Want to Upgrade?


To: MarkC who wrote (1047)7/2/1999 6:48:00 PM
From: Rick  Read Replies (2) | Respond to of 1188
 
couple of thoughts:

1) i think uswb is a good play for a few months, based on likely strong revenues and earnings for the quarter and decent forward projections. the second quarter tends to be a pretty easy sell in this business, so if they don't make their numbers watch out. for now i will assume good news on the horizon.

2) one of the main reasons that it no longer carries a huge premium is the supply of shares is huge. with hyped stocks that get the 25 year old progammers excited, you need a limited float to get sensational moves. Now with a projected float of 100 million shares in the next couple of years, it doesn't take a genius to figure out there will be no shortage of shares for sale.....100 million shares in a company whose insiders show no sign of holding on for the long term does not bode well if you're expecting to make a buck on internet hype.

3) i have said it before. i will say it again: uswb is not an internet stock, and will not behave like an internet stock for reasons that have already been stated.

cheers. rick.