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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Bob Biersack who wrote (74364)12/6/1999 11:33:00 AM
From: kendall harmon  Read Replies (2) | Respond to of 120523
 
MDEA--I am in from the open on this one this morning
Here a Piper comments for the MG family, they are well worth studying

<<MDEA: Upgrading Shares Of MDEA To Strong Buy From Buy

*** U.S. Bancorp Piper Jaffray *** U.S. Bancorp Piper Jaffray ***

Media 100, Inc. (MDEA - 15 3/4) December 6, 1999
C. Eugene Munster, 612-342-6452, gmunster@pjc.com

Upgrading Shares Of MDEA To Strong Buy From Buy; Raising Target To
Conservative $35; Pure Play For Delivering Video On The Web; Video
Streaming For The Web Trade Show This Week Validates Market Potential;
Terran Web Business Continues To Accelerate; Strong, Profitable Earnings
Visibility In The Business; Maintain FY00 EPS Of $0.50
--Streaming Video Market Is Taking Off. Media 100 is a pure play on
delivery video for use on the Internet with its Terran video compression
technology. This year there are about 100,000 Web sites using video. Next
year it is estimated to be north of 350,000 sites.
--Trade Show Validates Market. This week, December 7-9, is the Streaming
Media West trade show in San Jose, CA, which validates mega opportunity in
streaming video.
--$35 Target Could Prove Grossly Conservative. We are raising our
target to $35 from $12. However, comparable companies' valuations justifiy
a $65 target.
--Bottom Line. Media 100 is a pure play on delivering video over the
Internet. This market is going to be huge. Media 100 is well positioned to
capitalize on the market.>>