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Technology Stocks : Digital Lava Inc. (DGV) -- Ignore unavailable to you. Want to Upgrade?


To: Kimberly Lee who wrote (72)3/20/1999 11:44:00 AM
From: ErnestPoe  Respond to of 343
 
I too am considering a long term hold. DGV looks to be a very promising company. The more DD i do the More i like the company and the plans that they have. looks like it will be a short term winner. This is not a day trade here.

Thanks
SW
______________________________________________________________________
just some food for thought.

Digital Lava to Earn 72 Cents/Sh Next Year, Business Week Says

Los Angeles, March 18 (Bloomberg) - Digital Lava Inc., a maker of software for creating computer video that went public last month, should earn 72 cents a share next year on revenue of $18.7 million, compared with an estimated 78 cent loss this year, Security Trading Capital Inc. analyst Ray Dirks said in Business Week's ''Inside Wall Street'' column. Digital, whose partners include Microsoft Corp., RealNetworks Inc. and Silicon Graphics Inc., ''is a very undervalued play on the future of video applications on computer networks,'' said Brian Hathaway of Hathaway Investment Advisers, which owns 230,000 Digital shares. An unidentified money manager thinks Microsoft may incorporate Digital's video software in its products, the magazine said.

Digital, whose shares rose 1 11/16 to 6 3/4, sold 2.4 million shares to the public Feb. 17 for $7.50 a share.



To: Kimberly Lee who wrote (72)3/21/1999 12:16:00 AM
From: LT  Read Replies (1) | Respond to of 343
 
If DGV were trading on NASD instead of AMEX, I suspect it would have closed at least in the low double digits on Friday.

There is a lot of truth to what your saying. One of my other stocks, SFO (Sonic Foundry), is a lot like DGV except they are working with streaming audio. Also have alliances with RNWK.

They put out many good PR's with substantial "meat" to them yet are lucky to get a 20,000 share volume. Something about the AMEX, it just doesn't attract the volume for technology stocks that the NASDAQ does.

Perhaps the more technology companies winding up listed on the AMEX, more interest will develop.

I also read the material on DGV it sounds very promising. Perhaps worth a longer term hold.

LT



To: Kimberly Lee who wrote (72)3/21/1999 1:13:00 AM
From: kathyh  Read Replies (2) | Respond to of 343
 
Here is a very nice mention in Businessweek... got this from Businessweek online, but I believe it is also in the newstand version... haven't had time to check...

BUSINESSWEEK ONLINE : MARCH 29, 1999 ISSUE




INSIDE WALL STREET

Why Digital Lava Could Erupt

Not every Internet company that goes public blasts off. Digital Lava (DGV), initially offered at 7 1/2 a share on Feb. 17, headed south and now trades at 5 1/16. Blame it on lack of hype or a technology that investors may have found difficult to comprehend. But some bulls aren't worried. They think alliances and contracts for Digital's video-publishing software will fire up the stock.

''Digital is a very undervalued play on the future of video applications on computer networks,'' says Brian Hathaway of Hathaway Investment Advisers, which owns more than 230,000 shares. Digital develops software for creating videos used for training, research, and Net marketing.

With Digital's flagship product, vPrism, creators of videotape can develop programs for interactive multimedia applications for desktop computers. Digital's VideoVisor lets users edit and manipulate video linked with other types of information, allowing integration of digital video and audio content with other types of info typically stored on the Internet or intranet.

Digital's partners include Microsoft, RealNetworks, and Silicon Graphics. Digital is a vendor for NetShow, Microsoft's software for viewing streaming media over the Internet or intranet. Digital also licenses Microsoft's Internet Explorer kit. Microsoft's lead product manager, Gary Schare, says Windows' media technologies, combined with Digital's video publishing, ''provides our customers with powerful solutions suited for communication and learning-on-demand applications.''

Digital CEO Joshua Sharfman sees the company's ties with Microsoft just ''scratching the surface.'' One money manager speculates that Microsoft may incorporate Digital's video software in its suite of products.

Ray Dirks, director of research at Security Trading Capital, expects the company to turn a profit next year and earn 72 cents a share on estimated revenues of $18.7 million, vs. an estimated 1999 loss of 78 cents a share, on sales of $4.1 million.

BY GENE G. MARCIAL

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