SI
SI
discoversearch

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: sherlockgerlach who wrote (93836)4/18/2000 2:16:00 AM
From: Jenna  Read Replies (2) | Respond to of 120523
 
Well according to this 'genius' BVSN price target was set at $240.. since its 1/10 the price it seems to be a bargain. I would still give Peter a call and see if he has changed his price target in the last few weeks ;-). If the stochastics were any lower they would be giving away the stock like cut out coupons in the sunday papers. I like BVSN though, whatever is left of it looks okay. I wouldn't be buying on any dips however as its dipped hundreds of percentage points however. A sign of an uptrend, even intraday and my might get another 'CMGI' even for one day.

And here is the second genius 'raising' the negative outlook on CMGI to less negative but its still negative. CMGI looks like a good short to me, but I'm just disillusioned with this 'nonearnings' in this sector so I'm probably not that objective.

BVSN: On February 18, 2000 Kaufman Brothers analyst Peter Jacobson raised The 2000 and 2001 EPS estimates $0.27 from $0.21 and to $0.42 from $0.29, respectively, to reflect continued revenue growth. The rating was upgraded to BUY from Accumulate with a 12-month price target of $240 per share. The company reported 4Q99 EPS of $0.09, versus $0.03 in the year-ago period.'

On March 10, 2000 Robertson Stephens analyst Michael Graham issued a 5 page Company Report on CMGI, Inc. Report highlights: 'The 2000 EPS estimate was raised to ($4.40) from ($4.90) based on strong Internet operations.' [Ed. comment so now they will be losing only $4.40 instead of $4.90.. I'm just not impressed. By the way you had to pay for the report, you didn't even get it for free