Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: macduff3 who wrote (82256)	2/9/2000 8:37:00 AM
From: Jerry Olson	Read Replies (2) \| Respond to of 120523

Mac you can buy it right here today..and HOLD!!!! we goin' UP....

To: macduff3 who wrote (82256)	2/9/2000 9:21:00 AM
From: Lane Hall-Witt	Read Replies (2) \| Respond to of 120523

macduff3 -- CLRS: The company has already reported earnings: biz.yahoo.com The word circulating on the Yahoo! board is that Salomon Smith Barney initiated coverage last night with a "Buy, Speculative Risk" rating and a 100-125 price target. This would seem especially significant, since SSB is not one of the underwriters for the CLRS follow-on offering. Here's the text from the SSB report, according to the Yahoo! poster who published it. CLRS: Initiate Coverage with 1S Rating Analyst Kaushik Shridharani Date 02/08/2000 Industry Internet Company Clarus Corporation --SUMMARY:--Clarus Corporation--Internet * We are initiating coverage on Clarus Corp.(CLRS) with a Buy recommendation and a 1-year target price of $100-$125. * CLRS is a premier player in the fast growing e-procurement software arena which facilitates purchases of maintenance-repair-operations (MRO) goods over the Internet. * CLRS has displayed strong customer growth relative to their current capacity constraints. We believe the company has created a unique pricing model that targets the small and mid-sized market and challenges its main competitors for larger enterprises. * The company recently announced strong 4Q99 results with q-o-q revenue growth of 170%. Our estimated 2000 and 2001 YOY revenue growth rates are 206% and 141%. Presently, we expect the company to break even in 2002. OPINION Clarus Corporation (CLRS, $58.31, 1S -- $100-$125 1-year target) is among the leading pure plays in the e-procurement software arena. Its highly flexible software today facilitates the web-based purchase of maintenance-repair-operations (MRO) goods. Embracing subscription-based pricing while eschewing fees to suppliers, the company offers a unique selling proposition, particularly to middle-market enterprise customers. We also think the company's focus on open, modularized software positions it to provide many of the critical components that will be needed to facilitate web-based purchasing of far wider categories of inputs: direct goods, capital goods and services. We believe its approach is highly scalable and should fuel substantial customer growth, making up for the absence of a direct transactions-driven revenue stream from the story. Our chief concerns lie with their weaker presence in the top-tier market and limited e-marketplace platform products. The company is preparing a secondary offering of 1.5 million new shares. This fundraising should greatly help the company widen its product portfolio and raise its profile, powering the stock forward. We are initiating coverage with a 1S (Buy, Speculative Risk) rating with a $100-$125 1-year target price. The company recently announced strong 4Q/99 q-o-q revenue growth of 170%. Our estimated 2000 and 2001 revenue growth rates are 206% and 141%. Presently, we expect the company to break even in 2002. messages.yahoo.com messages.yahoo.com