| An SI Board Since May 1999 |
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This stock is currently trading at around $3.7 and is set to explode to bigger dimensions than any other Canadian Internet Stock. Why? Because they have around 20m shares outstanding and last year had -$0.06 EPS and are expected to be positive this year by a large margin. Revenues have grown at triple digit rates and they have some major backers. These guys have an impressive management team with some really experienced people onboard. They provide several services including 3Web, their free internet access. You must provide your information and they will use that to customize the Ads their Corporate customers will paste on your Web Page and services could even be tailored to suit your particular profile. An example would be banking online for the mass market but customized for every user with the software that Cybersurf provides. Another company that does this is BroadVision (BVSN-Q), they closed today at over $40 american. Analysts have upgraded this stock to a buy from outperform and have given it a target of $75. They do the same thing that Cybersurf does and have the same number of shares outstanding except that they have a NASDAQ listing and a little more exposure. BVSN's clients are SUN MICRO, Toyota, Cisco, Telus and a whole bunch of others. Cybersurf has teamed up with Cisco and Telus to offer the same service but also including a free internet service where number of users can grow at exponential rates. Expect to see this stock at $8 in the next several trading days and $25 in the next few months. Telus and Cisco didn't team up with a small internet company worth $64m so that it could be sold at $100m, this baby is going to move BIG TIME!! BUY BUY BUY IMO
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