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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: jopawa who wrote (94532)	9/9/1999 11:25:00 AM
From: changedmyname	Read Replies (1) \| Respond to of 119973

CBLT---> MUST READ: $50 target: ''We are initiating coverage of Cobalt with a Buy rating and a price target of $50, as we believe the company has already branded itself as the dominant Internet solution for car dealers and manufacturers,'' said Benjamin and Hymowitz. ''Its clients include approximately 3,000 of the nation's 22,400 franchised dealers, and the company's Web-hosting business has earned exclusive endorsements from approximately 13 auto manufacturers in North America.'' ''Cobalt now expands vertically, with more services-per-dealer, fewer incremental costs and a recurring revenue stream of more than 90 percent,'' said Benjamin and Hymowitz. ''In 2002, we believe that Cobalt's revenues could reach in excess of $90 million, with earnings of more than $18 million.''