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

To: StockDung who wrote (779)	7/19/2003 10:43:48 AM
From: rrufff	Read Replies (1) \| Respond to of 838

Aint' gonna help me cause I had a 8+ bagger gain in ASKJ. However, it may help others and I think it's great that brokers get tagged for screwing investors. Do you have the links to the full list of stocks and banks and how investors make claims for reimbursement?

To: StockDung who wrote (779)	7/23/2003 3:43:07 PM
From: Don Green	Read Replies (1) \| Respond to of 838

Investors search for Ask Jeeves shares By Reuters July 23, 2003, 11:15 AM PT Shares in Internet search provider Ask Jeeves rose sharply on Wednesday, a day after reporting better-than-expected earnings and company plans to make acquisitions over the next year. Ask Jeeves reported a profit (that excludes amortizaton and other items) of $5.2 million, or 10 cents a share, 3 cents better than analyst estimates that Reuters Research tracked. It also raised its forecast for the year. The company reported a net income for the second quarter of $4.9 million. On a conference call, Chief Executive Skip Battle said he would be disappointed if the company has not made some acquisitions by this time next year. The company raised $100 million in a convertible note sale recently. Shares of Ask Jeeves were up 15.4 percent at $17.09 in late-morning trading on Nasdaq, and reached as high as $17.67 at one point in the morning. The stock is up nearly 1,600 percent since late last July, when it bottomed out at 91 cents. First Albany analyst Youssef Squali iterated a "buy" rating on the stock and raised his price target to $18 from $13. "We continue to find (Ask Jeeves) well-positioned to grow with the secular growth in paid search, particularly as a traffic generator," Squali said in a note. Paid search is among the hottest business areas of the Internet. Companies bid for the right to have themselves associated with certain search terms and have their link placed prominently in relation to the search results. Deutsche Bank Securities analyst Jeetil Patel also held a "buy" rating on the stock and raised his price target to $20. He said positive results from the company's new marketing campaign helped drive increased traffic and revenue.