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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999! -- Ignore unavailable to you. Want to Upgrade?


To: Smart Investor who wrote (3127)4/15/1999 6:00:00 PM
From: eddy thompson  Read Replies (1) | Respond to of 3183
 
why dont you put all your money in boston chicken



To: Smart Investor who wrote (3127)4/15/1999 9:55:00 PM
From: jmanvegas  Read Replies (2) | Respond to of 3183
 
I'll state the same thing I said over at the ATHM thread. This penny thing is driving me nuts!!!! If you're a day trader, I can't give you any advice. But this stock (ATHM + XCIT) will be much, much higher one year from now than it is today. Put this baby away under your mattress for 5 years and you will be smelling some serious roses. Good luck to you.

jmanvegas



To: Smart Investor who wrote (3127)4/18/1999 2:40:00 AM
From: JakeSki  Respond to of 3183
 
I think we need to put things in perspective. Yes, .04 is 25% less than .05, but it is still just a *penny*. This company is still in its infancy so you have to take the numbers in context. I think the more interesting numbers are:

80% gross margins - this is huge. Of course, net margins are low because they are in market share expansion mode (plowed $20M of the $43M of gross profit back into sales/marketing).

200%+ sales growth - nice

Lots of cash relative to debt - nice

IMHO, EPS doesn't mean much at this point. It is too early to expect big profit numbers.

I hope this 'rotation' out of tech stocks continues to provide a nice buying opportunity in XCIT/ATHM.

-- Jake