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Technology Stocks : Racom Systems (RCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Michail Shadkin who wrote (467)	5/1/2001 5:44:01 PM
From: Michail Shadkin	Respond to of 468

RCOM - Diamond among DotComs Register.com, Inc. is a provider of Internet domain name registration services worldwide and offers a suite of value-added products and service targeted to assist customers in developing and maintaining their online indentities. Current price $7.30 Market Cap 270 million Cash 3.41/share Absolutely ZERO debt 5% short interest Daily Volume 70K Insiders own 81% of company Intitutions own 92% of float These are 2 very strong numbers as nobody is selling. With ZERO debt, a very nice cash position, tons of recurring revenues with very little recurring costs, and slightly profitable, I feel this company is a great candidate for a buyout in the next year around $12-15/share. On thursday, VRSN (RCOMs biggest competitor blew away the number in their earnings release. +21 cents vs +11 expected and no downward guidance of any kind.) RCOM reports earnings on tuesday may 1 after the close. I see another giant surprise here. (company has a history of big surprises) Year 2000 Q1 estimate was -14 cents actual -4 cents Q2 estimate was -8 cents actual -3 cents Q3 estimate was -8 cents actual break even Q4 estimate was -2 cents actual +5 cents RCOM has been improving every quarter in a tough economic condition. Estimate current quarter is -6 cents year 2001 estimate is +5 cents Only 2 analysts follow the stock. Here is RCOM trading history: stock been very steady at around 6 between earning releases. after earnings stock pops 50% every time to around 9, only to sell off back to 6 the following 3-4 days. Major support at 6 Next very major support at 5.25 Major resistance 9.25 I have a 1 3/4 long position in RCOM. full position from 6 3/8 and a trading 3/4 position from 5.5 Assuming RCOM hold pattern true to form, I will be selling all my shares in AH on tuesday after earnings or wed in the 9s. I might even try shorting a few shares at that time. In about 2-3 weeks I will reestablish my long position somewhere around low 6s. Many Happy Returns Message 15731271