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


To: hcm1943 who wrote (82)3/21/1999 11:58:00 AM
From: DaYooper  Read Replies (1) | Respond to of 343
 
Thanks hcm1943

Could you tell me where "on the web" I can access the S&P reports for free. That will save me a few bucks in the future.

Also, Security Capital Trading projects greatly increasing revenues for Digital Lava in '99 and '00:

We project revenues of $4.1M for FY99 (an increase of 170% over FY98) , $18.7M for FY2000 (+350%), and $36M for FY2001(+96%). Under this scenario, Digital Lava will be profitable in 2000, earning approximately $0.72 per share.

Yet there is no substantiation for these huge increases. Are there any company press releases detailing contracts signed? Any press releases by other companies (customers) endorsing DGV's products?

If the increased revenue figures can be substantiated, then the current stock price is way undervalued. How can we verify these projections? Call the company? Search for press releases? Help!