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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Soccrates who wrote (13199)3/11/1999 8:07:00 AM
From: TERRY MURPHY  Respond to of 25711
 
Joe, you've got to check out this new hot Internet play Infonow (INOW) which has been soaring over the past few weeks due to exploding revenues, a superb new management team (former McKinsey guys w/ MBAs from HBS and Stanford and one of the founders of FedEx heading up sales and marketing), and profitability expected in Q2. The company did $2.5M in sales last year and entered this year w/ a backlog of about 2X that amount. W/ only a $30M market cap, this stock is a diamond in the rough. IMO, Nasdaq listing should be just around the corner. Paul Stephens and affiliated Robertson Stephens Funds own 25% of the company and management another 25%. Only 1-2M shares float. This should EXPLODE! Terry



To: Soccrates who wrote (13199)3/12/1999 7:52:00 AM
From: Gator  Read Replies (1) | Respond to of 25711
 
Soccrates, I think $1.50 is a fair number. Could run higher depending on strength of news. Hearing they may have a conference call or be issuing a news release stating pro-forma revenues and earnings for the year. I think they will be very positive, which could run the stock even higher.

News is expected out on Monday now. Not sure of the reason for the delay. Watch their web site at ighs.com, should be up and running soon.

Gator