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Strategies & Market Trends : IPO and Other Stock Plays -- Ignore unavailable to you. Want to Upgrade?


To: david777 who wrote (12783)6/2/2005 4:28:41 PM
From: yossarian67  Read Replies (1) | Respond to of 13331
 
pay had a good quarter...hopefully market will notice what they'll put on bottom line this year. I think my pre-ipo estimates were conservative as I had thought at the time, I think 70 cents in '05 and pushing $1 in '06 is realistic...I just don't see why this shouldn't be trading higher, I need to look a bit closer at the report(I'll go in depth later this evening on the blog after I listen to the cc---they're still in qp though so don't expect much from the cc) but if they can do $1 in '06 there's no reason PAY can't trade 16-18ish...like the recent strength in lpma/hyc as well sector doing nicely especially considering the pay ipo and lpma secondary hit roughly same time, lpma hardly paused to digest.

pay right now my only full position.....this has been the only real gift in the ipo market this year---a sector leader in a strong growing sector just slashed 30%+ from midpoint of range.