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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ) -- Ignore unavailable to you. Want to Upgrade?

To: StockDung who wrote (647)	2/6/2003 10:25:20 PM
From: rrufff	Read Replies (1) \| Respond to of 838

Quite frankly, I don't think the current earnings are as important as the projections. According to the company, their cost structure is such that increasing successful hits causes incremental increases to the bottom line as the costs are fixed at this point. This makes sense. The only real question is whether people continue to buy and advertisement grows as many are projecting. It's not 1999, it's a different world. If a case can be made that ASKJ with a very good balance sheet has paired down and changed with a real business plan to the extent that they can make .50 or .60 next year, then you have to admit that the stock could hit anywhere from $10-$25. I've run my own set of numbers and, for what it's worth, these are doable. I realize that these assumptions can be wrong, but there is nothing in the current company that sparks of fraud, mismanagement or even hype. That's what you seek right? As for trading, there's enough volatility for a short term trade either way. Long term, this is one that's going up. I don't care about analysts, short or long. They are just trading vehicles. Most analysts long and short don't know nearly as much as they think they do. As we've seen, the most successful, in terms of following, have been proven to be nothing but good salesmen or sales ladies. I commend hunting out scams and pointing out crooked management that rapes shareholders. But I think you're barking up the wrong tree, using your position to veil your objectivity.