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Strategies & Market Trends : January Effect 2001 -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (123)12/28/2000 10:23:17 AM
From: Street Hawk  Respond to of 289
 
EPRS is tempting at these levels.

Quick breakdown:

$74.9 M cash as of last Q
$11.1 M loss for last 9 mo.

Current mkt cap of $37.8 M at a price of 1 1/2.

Burn rate is fairly low, which is expected to decrease next year, and also adopted a shareholder's rights plan.

------------------------------------------------

Tuesday December 19, 8:07 am Eastern Time
Press Release
Eprise Corporation Adopts Stockholder Rights Plan
FRAMINGHAM, Mass.--(BUSINESS WIRE)--Dec. 19, 2000--Eprise Corporation (NASDAQ: EPRS - news), a leading provider of advanced content management software for dynamic websites, today announced that its Board of Directors has adopted a stockholder rights plan designed to protect the long-term value of the company for its stockholders. The adoption of the Rights Plan is intended as a means to guard against abusive takeover tactics and is not in response to any particular proposal.