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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (13223)	2/15/1999 10:30:00 PM
From: MARK C.	Respond to of 90042

I agree Ron it will be interesting. There is a company I like very much although it is not a tech stock. IDGB Current price 12 3/8 Morgan Stanley target price of $18. They seem to like it from this review. "IDG books is a remarkable growth story in our view. In addition to it's strong franchise as the publisher of the "Dummies" book series, IDGB is pushing into numerous new growth markets- including more specialized book series such as 3-D Visual, Bibles, and certification titles. In addition, the company is beginning to ramp it's licensing revenue stream, including a new venture with Pressman toy company for board games based on the Dummies products. IDGB has NO debt, double-digit revenue growth, an impressive management team, and multiple opportunities for margin improvement. Revenues for fiscal 98 (September) increased 17%, and operating profits rose 45%, We are also very positive on the recent acquisition of Cliffs Notes." Anyway with the volatility in the tech sector at present this might be a safe place to park a few bucks and possibly make a few at the same time. IMHO, MarkC.