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Technology Stocks : PSIX up 26.5%, Takeover(?) -- Ignore unavailable to you. Want to Upgrade?


To: lupaka who wrote (5061)9/22/2000 5:40:32 PM
From: lupaka  Read Replies (1) | Respond to of 5650
 
P6 looking cheap in price to Forbes
Friday September 22, 10:40 am Eastern Time

Forbes.com
Stock Focus: The Internet's Cheaper Than Before
By Megan Mulligan, Robert J. Sherwood

The stock market is going through another bad spell, the Nasdaq is off 25% from its March 10
high, and many of the stocks in the Forbes Internet Universe show even bigger losses from
their 52-week peaks.

We screened our universe of 300 companies for potential bargains: stocks with estimated 2001 price-to-sales ratios under 5,
positive operating income (earnings before interest, taxes, depreciation and amortization) and a market value of at least $100
million. We then eliminated any companies with glaring problems.

One of the cheapest is DLJdirect (NYSE: DIR - news), which has an estimated price-to-sales ratio of 0.3, and is off 66% from its
52-week high of $19.94. Online brokerage DLJdirect has trailing revenue of $330 million.

Measured by market capitalization, Razorfish (Nasdaq: RAZF - news) is ten times the size of DLJdirect, even though its shares
are off 80% from their 52-week high. This Web consulting firm has big name clients like Charles Schwab (NYSE: SCH - news),
PricewaterhouseCoopers, America Online (NYSE: AOL - news) and CBS, and sells for 24 times estimated 2001 profits and only
2.4 times estimated 2001 sales.
Fifteen other driven-down Web stocks are listed below. (P6 is one of the 15. See the url)
biz.yahoo.com