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Technology Stocks : MySoftware (MYSW) -- Ignore unavailable to you. Want to Upgrade?

To: Roy F who wrote (75)	4/5/1999 11:03:00 AM
From: debra vogt	Read Replies (1) \| Respond to of 139

The following is an excerpt from Eric Dubin at Microsoft Investor in the Strategy Lab, it was posted 3/5/99: MySoftware: Gunning for at least $30 In response to a very large number of e-mail messages requesting my take on MySoftware's (MYSW) recent earnings and the recent stock pullback, a quick note is in order. I'm very pleased with the company's fourth-quarter financial performance. The company's turnaround run has legs. Just as important, management has been able to execute, setting in motion extremely important relationships with companies such as Netscape and Intuit (see MSN Investor's news archive). I believe more relationships like this will unfold in 1999. Today, only one official Wall Street analyst follows the company, but earnings estimates (50 cents per share for 1999) remain too low. This same analyst upgraded the company from a “neutral” to a “buy” on Feb. 16, with the stock closing at 19 9/16 on the previous day. Where was this Wall Street firm when the stock was $13 cheaper, and it was abundantly clear that a major turnaround was in the works? Enough said. MySoftware now represents a huge portion of the Tech Stalker portfolio. There are a few shares freely traded on the open market (the “float”), and when “weak hands” see the technology sector go through periods like we are witnessing now, pullbacks are inevitable. Yet even though the stock is extremely volatile, I view the recent pullback as nothing more than a garden-variety correction. The percentage loss is large, but such a loss is not unusual in situations like this. I intend to hold my entire position. I believe this stock will make a run to at least $30 this year, and the upside could be substantially higher if the company's Internet operations gain even more momentum. As far as Internet content/property segments are concerned, those targeting the small-business operator hold tremendous promise. Through 1999, the value of Internet properties that address this niche market will increase significantly. MySoftware is doing the right things -- in the right place and at the right time. StratLab Summary Report \| Options Tactician \| Tech Stalker \| Fund Upgrader \| Strategic Indexer \| Inside Trader \| Value Seeker \| E-mail the Editors