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 : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (24926)	4/27/2001 8:25:20 AM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

Good NFI post from Yahoo: upbeat conference call by: not_well_diversified 04/26/01 07:57 pm EDT Msg: 422 of 423 did you catch the conference call? the replay can be heard at 1-800-759-4704. very upbeat. steady earnings growth (albeit 2nd quarter may be off $.02 to $.05 from the 1st due to timing of securitization impacts that will benefit 3rd quarter). full year eps north of $1.10 probably. (although Scott wouldn't be pinned to making that guideance) reading the tea leaves, i suspect there is going to be a resumption of analyst coverage and a "buy" recommendation coming soon. it sure sounds like there is analyst interest in novastar. i agree with previous posts. i'd put my money on a $10.00 stock price as a result of the news. $15.00 is a stretch. in any event, $7.20 is still way too cheap for this stock; we're looking a stable and growing earnings stream that will produce steady income above $1.00/share with good visability. this business ain't sexy, but it's in the right sector and it's predictable now that there is deep mortgage insurance. there are plenty of things that aren't yet priced into this stock. growth (from branch units) is the the big news item that isn't refected. don't be surprised if novastar hits $9.00 - $10.00 sooner than anyone expects. this company is still way undervalued.