To: jay silberman who wrote (71013 ) 11/12/1999 4:29:00 AM From: Jenna Read Replies (3) | Respond to of 120523
ARTG..another BVSN? This one was a pick as far back as August but its still very hot. The more it pulls back the better then the faster this one will hit 95. A wonderful play. Message 11074351 ARTG actually was down from a new high on Tuesday of 72 5/8.. If you blink you'll miss it go up once again and even higher this time. It was upgraded on Thursday to a price target of 95.. (probably give it two whole weeks, I would say) Its historical volatility is at a low.. and its stochastics are sloping down and not quite as overbought. 5-Day 51.09% 14-Day 76.32% 20-Day 168.07% The low historic volatility can indicate the stock is 'revving' up for another explosive move upwards Its actually below its linear regression line which is a line exactly mid way through the prices.. any of our high flyers that fell beneath that line (i.e. MSTR, JDSU, ALLR, EIDSY,NVLS,PROX, BOBJ, VRTY, UNFY) have moved up powerfully afterwards 209.238.58.242 }}}}}}}}}}}}}}}}}}}}}}}}}}}}}}}} Art Technology Group offers a suite of Internet customer relationship management and ecommerce software applications, as well as related application development, integration, and support services. The Company?s Java-based Dynamo software suite helps businesses manage customer relationships and build ecommerce Web sites that deliver targeted information, advertising, and email. Dynamo in-cludes advertising, ecommerce, and personalization modules and development tools. ATG also provides Web site design, consulting, and support services. Three ATG clients ? BabyCenter.com, SonicNet.com, and Spinner.com ? won 1999 Webby awards. Other ATG clients include 3M and TheStreet.com. ATG is expanding its sales efforts internationally into Japan and the U.K.. Shareholders include Tudor Private Equity Fund and SOFTBANK. ú Current Trends Drive Demand: ATG is well positioned to take advantage of two converging industry trends. First, the market for Internet and ecommerce software applications is exploding as more companies move online. Second, as the volume of companies establishing a Web presence increases, strategic differentiation grows increasingly vital, driving the need for personalized customer interaction and highly targeted marketing efforts. ú Revenue and Margin Upside: The Company has experienced strong growth to date, owns a blue-chip customer base, and has a healthy pipeline and room for rapid revenue and margin growth. Art Technology Group began primarily as a service shop and therefore its service component represents a significant portion (50%) of its revenues. As software sales increase as a percentage of revenues, economies of scale should contribute to overall margin increase. ú Access to Capital: After its recent IPO, Art Technology Group has over $60 M in cash on its balance sheet, thereby giving the Company access to the capital necessary to build up its sales force and marketing campaigns. The Company utilizes a multi-channel distribution strategy, is gaining marketing traction, and is driven by a strong, experienced management team. ú Technology Leadership: ATG's technology architecture and implementation expertise make it a potential BroadVision killer and an interesting company to keep an eye on.