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Technology Stocks : Open Market (OMKT) -- Ignore unavailable to you. Want to Upgrade?


To: Numberspro who wrote (1887)1/8/2000 2:45:00 AM
From: drj  Respond to of 2004
 
While that is true, as you can see in August, there was buying. The stock price tripled. Since Dec 30, there has again been buying. If you listened to the interview with Paine-Webber analyst, he slipped and said that OMKT was profitable (in response to a question asked). OMKT is not supposed to be profitable for another 6 months. This coming quarter, the whisper number is currently -0.11/sh. With an insider buy signal (at $40/sh no less) and a slip of profitability, I wonder whether the coming quarterly numbers will blow away the estimates and actually show a profit. Beating the street estimate by 11 or 12 cents would certainly propel this stock to the valuation it deserves.

sincerely drj