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Technology Stocks : XOOM [XMCM] -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (483)4/13/1999 11:27:00 AM
From: charger  Read Replies (1) | Respond to of 687
 
My conservative target for XMCM is 150...barring any market meltdown.



To: Gary105 who wrote (483)4/13/1999 6:17:00 PM
From: Stephen Adnan  Read Replies (2) | Respond to of 687
 
XMCM best anology is GNET

Xoom has small float and minute number of outstanding shares in comparison to any of the stocks in the top ten on internet.

The established membership base, and brand name quaility it has and is obtaining make it undervalued at 1 billion market cap and at the present share price.

Upcoming earnings, explosive are the rumors, and an almost guaranteed stock split - only 4.5 millions shares float (pre-secondary) indicate that large instituion cannot get in.

Remember large corporations, get IN on the net thru acquisiions of viable , existing net brand names. XMCM, whether acquired or not is a Quality portal and in todays market that is worth between 10 - to 15 billion dollars.

If one were to do a Market Cap analysis of the top net sites, they would see such an estimate is conservative.

From a TA perspective, XMCM has never, dropped below its 20-25 MA for any period over 4 days - i.e. this stock was being accumuated since DAY 1. Buying only stops after it runs up to fast.

Also, once a "good bet split candidate" gets over $115 to $125 - it will "camel walk" to $200-$250 (best recent example - GNET) as split players "bum rush" the stock for darn near guarnateed profit - this from my CSCO , ASND, USRX, IOM days (oh ... so long ago) to now.

S