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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: JCinTC who wrote (45991)	10/31/1999 11:26:00 AM
From: Kevin Podsiadlik	Read Replies (1) \| Respond to of 122087

Has anybody seen this rec on STMP? Amazing... "Robertson Stephens Internet Analyst Michael Graham and Managing Director and Senior Business-to-Business (B2B) eCommerce Analyst Eric B. Upin [Friday] reiterated their Buy rating on Stamps.com." "Since officially launching its service last Friday, the company added 10,000 customers in three days, a milestone we believe it took a competitor six weeks to reach." (Apparently those months of open pre-registration don't count.) "We believe Stamps.com market value should approach $15 billion or more when the company shows visibility on reaching 10 million customers, a milestone we believe it can reach much more quickly than its currently expected." (Ten million customers! Does one of these guys think he's David Cook?? Assuming no further dilution, that $15B comes to a long-term price projection of $350/share. The other guy must be Joseph Charles!)