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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (11725)	9/2/1999 10:00:00 AM
From: NotNeiderhoffer	Read Replies (2) \| Respond to of 28311

RR, Yes $96 target. FY '99 He is looking for $21.2 million in revenue 68% advertising he has a 7 cent EPS estimate for the 4Q FY '00 $50.7 million in revenue 55% advertising He has a 28 cent EPS estimate for the year FY '01 $84.9 million in revenue 45.3% advertising expects ecommerce revenue to grow at a faster rate than advertising and account for 80% of revenue eventually. of course he has a lot of other good things to say as well. He gets to his price target by looking for a PE multiple of 125x Theoretical EPS (TEPS) and then adds in the $6 a share in cash. He thinks GNET could have a theoretical normalized net margin of 35% as a mature company. Based on calendarized '01 revenue of $95 million, he thinks the company could generate theoretical EPS (TEPS) of 72 cents. I understand to be a good internet analyst you have to make up your own metrics (i love that word!) but could somebody please tell me what the hell he is talking about. NotsurewhatGrahamandDoddthinkaboutnewerametricsNeiderhoffer