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Technology Stocks : TIBCO Software Inc - ( Nasdaq - TIBX ) -- Ignore unavailable to you. Want to Upgrade?

To: Krishna A. Ubrani who wrote (72)	8/2/1999 2:50:00 PM
From: Joe13579	Read Replies (1) \| Respond to of 289

I think the 16% figure in the press release was rather conservative. In any event, we now see that TIBCO is a leader in its industry. I wouldn't be surprised to see many more institutions jump on board in the coming weeks. I like the following quote from the press release: "Looking forward, companies like TIBCO should prosper as this market segment grows to five billion dollars in revenues by 2003, with a compound annual growth rate of 76.5 percent." It would be nice if the stock could grow by 76.5% compounded annually until 2003 - that would put the stock price at over $280/share. I believe that would mean that present valuation based on future speculation could put the stock price at around $180 - $200/share before the end of the year - (wishful thinking ;-)