Worth reading:
By: stonehenge13 $$$$
19 Jan 2002, 11:31 AM EST Msg. 90829 of 90840
(This msg. is a reply to 90825 by a_winning_touchh.)
Touch (IBUI),
Expect:
1. 6 months earnings (due February 15th.). I Bet they're good; on a yearly basis appr. 1c/share. P/E therefore appr. 1/1. Now the merger is off, the dark clowd over IBUI has disappeared. Expect a forecast/explanation of:
2. Strategy: expanding ISP. Net profits last year more than 2 million (!) -> target, growschedule and expexted profitability 2002
3. RTRN-merger is off. Strategy on own merits?
4. Buy back in relation to financing plan?
5. Explanations about development of the company; they couldn't release a lot of news because this merger was pending and the future was not clear. Now it is!
Since they have 3rd Millennium as IR-company, they cleaning up and focusing on shareholders value.
===Stone===
There's only one way for this stock: UP, IMO. Not hyping, just honoust opinion.
(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
