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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (36870)5/13/2001 12:22:28 PM
From: T L Comiskey  Read Replies (1) | Respond to of 65232
 
re..'stolen'..............Et Tu 02...?...:)
Hell ..I lifted It Also.........
anyhow...here's a touch of caution for fans of STOR from an admitted ..( successful ) Bear

Tim

Message 15793250

o:Michail Shadkin who started this subject
From: Michail Shadkin
Saturday, May 12, 2001 11:54 PM
View Replies (1) | Respond to of 496

STOR - am I missing something here?????????

StorageNetworks has created a global data storage network, allowing customers to connect their computer systems to the
network to store and access their data in much the same way they obtain electricity or telephone service

Current price is $19.27
Market cap is 1.85 billion
Cash is 3.58/share
Last 4 quarters -2.27 (-1.20,-.37,-.36,-.34)
Estimate june quarter -.34
Estimate 2001 is -1.32
Estimate 2002 is -.88

No E in the PE here any where in the near future.

Short interest is 8.4%
Debt/Equity ratio is .31
Highest price target by any analyst is 36 and lowest is 14
They got upgraded thursday and friday to outperform.

Insider selling - my calculator ran out of zeros trying to add all 144 filled shares together.
biz.yahoo.com

I am having a hard time justifying $7 and 19+ seems absolutely amazing.

Opposing views are more then welcome

Michail