To: Stock Watcher who wrote (264 ) 1/20/1999 8:12:00 PM From: Francois Goelo Read Replies (1) | Respond to of 52051
Stock Watcher, take your time about INNI... Forward earnings calculations have been done by Yonghzi on the basis of the revenue from the distribution of the IBM/Netscape software, which justifies a share valuation in one year of $12/14.00. I believe I/NET has several other irons in the fire which should come to light during 1999. Management, so far has been very quite about the Company's prospects, but this may be about to change. Its fortune greatly improved when it ceased to solely rely on being a contract software developer for other larger Companies, such as IBM. It is now doing its own thing with a good measure of success, but still with the benefit of its alliances with IBM and other powerful partners. On a Friday, just recently, I invested in FRTI at 6 5/8. Did some additional research over the week-end and bought some more at $8 the following Monday. Next day, Tuesday, it closed at $17 1/2. I am new at buying BB stocks and took profit too late, on the way down, but still managed to clear some $27K. Without going into DD details, for which you are far more qualified than I, what enticed me was the quality of its Web site and the free Real Quote clincher. Then it dawned on me that, perhaps Internet related Companies command such lofty valuations for the simple reason that you can actually sample their goods and arrive at a fairly informed opinion of their value through direct experience. FRTI looks ready to go again! Off subject, I would appreciate a list of research tools for micro and small caps and some ideas about on-line brokers sympathetic to OTC BB stocks, that supply dynamic quotations. Thank you for any help you may be able to provide in this matter. Regards. F. Goelo + + +