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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: carepedeum2000 who wrote (15377)	11/20/1999 3:22:00 PM
From: Kanetsu	Read Replies (1) \| Respond to of 57584

Carpe, it was I who mentioned SIFY, I sold it this week after an India analyst at a respected bank scared me away, he felt it was fully valued at these levels as they will not break even for three years. I guess being from India he didn't realize that not making money is a positive in this market. <g> He said that VSNL is a larger Indian ISP that will be offering ADRs very soon, VSNL has 270,000 subscribers to 70,000 for SIFY. Two other negatives he mentioned were that telcos would be entering the ISP business, for example the Reliance Group this week announced a joint venture with World Tel to set up an ISP business in India. And the fact that the credit card culture has yet to make any headway in India and this could hurt the development of ecommerce. Under those conditions it might be hard to show the kind of earnings growth investors like to see. On the other hand, you know what they say about analysts, the internet is so huge it could overcome all of this. Competition might not matter as everyone struggles to fill demand. I still like SIFY, but I like IIJI better as the conditions are ripe in Japan for the kind of internet explosion we have seen here. I'm in at 41 so I can wait for it to pop some more or sell off a bit, the air seems a little thin for IIJI in the 80s but I consider it a core holding as it also gives me exposure to Japan. Look at ADSX, Deloitte & Touche named it the 5th fastest growing technology company in America (SEBL was first, ATHM was second) It's only 3 1/2 bucks and the chart says "breakout." Do your own DD, stocks trade at 3 bucks for a reason, but I have put my money down, in at 3 7/32 and hoping there are no bogeymen out there. Finally, for a highly speculative play check out MTEK, the market cap is $20 million and they have $5 million in sales. They are doing an internet initiative with Scient, commenting on the relationship, Robert Howe, Scient chief executive officer and president, noted: ``We are excited about the opportunity to work with Metretek and its new joint venture with Mercator in creating an eBusiness for major energy customers. There is a clear market need for commercial energy customers to streamline energy information in one place.' Here is the link so you can see what they do, though I am more excited about the low float, 1.7 million shares according to Yahoo. metretek.com As always, do your own DD blah, blah, blah. I've been known to pick some stinkers, still holding OSFT for example. Have a good weekend all...