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Technology Stocks : ePlus (PLUS) -Online Procurement -- Ignore unavailable to you. Want to Upgrade?


To: WallStreetTips who wrote (24)1/12/2000 4:28:00 PM
From: allen menglin chen  Read Replies (1) | Respond to of 29
 
WST,

I think all the other B2B companies you comparing are pure B2B plays. While PLUS has most of its revenue derived from its old biz. So it's not fair to compare PLUS, which just started B2B with a new software and 2 B2B customers, while other B2B have been in their fields for 3+ yrs w/ 100s customers. The great advantage for PLUS is it has a large group old biz customers -- if PLUS can convert them all to its B2B customers, PLUS will reach $100 in 12 months. It's real tough to value PLUS w/ all the B2B and old low P/E biz mixing together. We might have a clearer picture by next Q.

Allen