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


To: Kelvin Taylor who wrote (552)7/31/1999 6:39:00 PM
From: Richard B. Haenisch  Read Replies (1) | Respond to of 1214
 
CHRONOLOGY of a successful web-hosting firm!

ABOVENET.com

IPO 12-10-98 priced at $10
opening price: $21.00
closing price: $16.75
Lo price: 12/17/98 $11.50

price after 21 days: intraday high: $35 end of day: $27.25

Feb 5: CIBC Oppenheimer initiates coverage to "BUY" after 37 days
ABOV closes at $33.25 (high of $35.75)

Feb 22: CIBC Oppenheimer raises to "Strong Buy", stock moves from $24.5 to $29.375, then to a high of $35.5 two days later.

ABOV reaches a high of $151 on April 12.

Where will INIT be after 30 - 35 days?

If you compare INIT to ABOV the numbers are remarkably similar.

After tax income and Sales -$16.4m/-$17.0m ; $10.3m/$9.66m

Have a nice weekend, everyone!

Rico