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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: Glenn who wrote (15109)3/2/1999 11:22:00 AM
From: puborectalis  Read Replies (2) | Respond to of 90042
 
I like INSGY better....BIG conference starting today on Java embedded systems....Price targets
by: Investor_spec
244 of 244
I would say a price target of $10 for INSGY by the end of March is feasible provided certain conditions
hold:

1. The beta-testing phase is successfully completed, and all the Fortune 500 firms which are beta-test sites
agree to adopt JEODE;

2. A firm agreement with SUN Microsystems regarding the sharing of technology (the subject of the
Memorandum of Understanding previously announced) is signed.

Of the two conditions, the more important one is the adoption by embedded systems vendors. Once that
happens, I would also hazard a guess that a $40 price target by end of Yr 2000 is eminently feasible.

Investor_Spec