SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Beyond.com (BYND) the NEW software.net.... -- Ignore unavailable to you. Want to Upgrade?


To: Vincenzo Sallustio who wrote (80)1/12/1999 9:51:00 PM
From: h.l. meeks  Read Replies (2) | Respond to of 422
 
Vincenzo: Long from $25? I would hold. I'm long from $31 myself-----and holding. Earnings don't mean anything in startups, particularly in internet companies. It's all about revenue growth, market share, and margins. BYND has shown great results by all these measures. Technically, the stock just had a beautiful breakout on huge volume a few sessions ago. It's a good sign the stock won't see the low $30's again, let alone $25. Let your profits run; sometimes how far they can go in a short period of time will surprise you. Good luck to you, whatever you decide to do.



To: Vincenzo Sallustio who wrote (80)1/12/1999 10:52:00 PM
From: Jon Tara  Respond to of 422
 
I have no idea how earnings will affect price.

If I did, I'd be wealthy. :)



To: Vincenzo Sallustio who wrote (80)1/12/1999 10:56:00 PM
From: Jon Tara  Read Replies (1) | Respond to of 422
 
Now the serious answer: I agree with H.I. Meeks assessment. For this type of company, at this stage in their development, earnings are not relevant. Revenue growth is, as well as various measure of how well they are getting the message out. I'm impressed with web their viewership figures.

But there was a bit of seriousness in my other answer - nobody KNOWS how any particular statistic is going to affect the stock price. There are too many interrelated factors that affect stock price to be able to say definatively that this or that is going to make the stock move up or down.