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 : Interliant, Inc. (INIT) -- Ignore unavailable to you. Want to Upgrade?


To: AlienTech who wrote (494)7/28/1999 6:31:00 PM
From: Pandurangan Ramakrishnan ("Ram  Read Replies (2) | Respond to of 1214
 
I too have quite a bit of INIT in regular and IRA accounts. I had a lot of EXDS (around $20 pre-split) too, but sold them all too soon. I gathered some fundamentals from Yahoo, profile for the web/application hosting companies. INIT definitely looks great and will cross 20's, 30's provided we have patience and keep the stock.
INIT:
Revenue (for 3 months ending 3/99): $5.4M
Loss: $7.2M
Outstanding Shares: 41.4M
Market Valuation: $683M
Price/Sales: 29
ISLD:
Revenue (for 6 months ending 3/99): $3.8M
Loss (for 6 months): $14.9M
Outstanding shares: 35.5M
Market Valuation: $866.7M
Price/Sales: 114
EXDS:
Revenue (for 3 months ending 3/99): $30.1M
Loss (for 3 months): $22.2M
Outstanding shares: 41.2M
Market Valuation: $5.4B
Price/Sales: 48
ABOV:
Revenue (for 9 months ending 3/99): $8.3M
Loss (for 9 months): $14.4M
Outstanding shares: 31.1M
Market Valuation: $1.16B
Price/Sales: 118

So, in every possible combination (either valuation or Price/Sales), I feel INIT is undervalued within the same industry. So even if the price drops a little bit (I am sure it will hurt a lot of people including me), it has to start going up. Otherwise, some of the high valuation companies will end up buying them with the stock swap.

Again, it is my opinion as a share holder of INIT.

PR