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Technology Stocks : CyberShop International, Inc. (CYSP) -- Ignore unavailable to you. Want to Upgrade?


To: Rock_nj who wrote (298)10/28/1998 6:42:00 PM
From: Anthony Ho  Read Replies (1) | Respond to of 884
 
CYSP reflects a bargain price or a steal at $5.8125 (closing price as of today 10/28), when compared to other Internet / E-Commerce stocks.
For example, from a price to book valuation, CYSP is only 2.57 times versus:

235.29 for eBAY(EBAY) with a closing price of $80
148.18 for Amazon.Com (AMZN)with a closing price of $117
27.96 for Excite (XCIT)with a closing price of $38 5/16
24.95 for Lycos (LCOS)with a closing price of $38 7/16

If CYSP could command a price to book of around 10, then the stock price should be around $22.60 or almost 4 times the current price level. Of course, CYSP is only in the 2nd or 3rd tier of Internet
companies,but as Internet stocks continue its explosive advance and as CYSP revenue ramps up, especially during the holiday season, its stock price would quadruple in no time. GO CYSP !

Good Luck to all !