Opinions
Andrew McCreath
724 Solutions
SVN-T
DON'T BUY
Aug 15, 2003
This stock should be classified as a venture capitalist investment at this point.Incredibly speculative.Its burning cash.
$3.680
Stock price when the opinion was issued
computer software
processing
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
WAIT
Stock ranks well in the database, in part because earnings have been pretty good. The most recent quarter's year over year, earnings have been up over 90%. However, it comes with a very brisk P/E of 61 X's. Earnings are forcast to be $0.25 in 2005 and $0.49 in 2006. That gives a 30 P/E and a .3 PE to growth. Waiting to see further evidence as they move along the earnings curve. Buy at a lower price.
computer software
processing
SELL
Suffers from one of their very large clients announcing they are leaving which is 1/3 of their sales. Have very interesting software, but you have to sell it to make the money. Ranks 673 out of 700 in the database. Earnings estimates have been chopped by 79% in the last 90 days.
computer software
processing
Advertising