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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Tom DuBois who wrote (30431)3/31/1999 4:51:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
DLIA. Well I guess so, I've held this so long I'm a little nervous of major correction or, g-d forbid, downgrade. I have a pretty big stake in DLIA because I've been accumulating for a while now. I sold EFII on Monday after a long term hold and it was down only 3 and now looks ripe again. Perhaps I'll keep it with a tight stop. I took a real licking when I sold LXK and POS. seems they both went into 'star' status right after I sold. (the two of them cost me a total of 26 points in profit in just a few weeks)



To: Tom DuBois who wrote (30431)4/1/1999 1:13:00 PM
From: Lane Hall-Witt  Read Replies (3) | Respond to of 120523
 
I agree. I think iTurf could be huge, so I used the dip into the 28s to establish a position. (I missed the preceding run.) iTurf is a profitable company, according to its registration statement. It's positioning itself as the leading portal and e-commerce center for Generation Y, with an especially impressive effort to reach out to girls. The demographics are ideal. The financials are impressive: 1998 revenues of $4.014 million ($2.1 million in the fourth quarter) versus 1997 revenues of $134,000. FY98 EPS was $0.04/share. The underwriting team is first-rate: BT Alex Brown and Hambrecht & Quist co-leads; J.P. Morgan, CIBC Oppenheimer, and Wit Capital are also on board. DLIA's earnings pre-announcement suggested that the IPO will be out before April 15.

I'd be surprised if the run to 36 1/4 is the end of the story for this pre-IPO play. There's far too much to like here.