ANALYSTS BULLISH ON NETZERO COMPANY MAY TRIM LOSSES.Byline: Robert Robert, Henry Martyn 1837-1923. American army engineer and parliamentary authority. He designed the defenses for Washington, D.C., during the Civil War and later wrote Robert's Rules of Order (1876). Noun 1. Monroe Monroe. 1 Industrial city (1990 pop. 54,909), seat of Ouachita parish, SE La., on the Ouachita River; founded c.1785, inc. as a city 1900. The center of the great Monroe Natural Gas Field (discovered 1915), it has important chemical plants, as well as Staff Writer WESTLAKE VILLAGE - The same analysts who reached a consensus estimate that NetZero will post a 30 cent-per-share loss today remain bullish Bullish Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook. bullish on the free Internet-access company. The First Call/Thomson Financial survey of six analysts anticipates that the trend of losing quarters begun last year will continue for the Westlake Village-based Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. . Most analysts who cover the company still rate it a buy or strong buy. Vik Mehta of Goldman, Sachs and Co. thinks the company can beat the consensus earnings estimate. He added that the company's losses should not be as drastic as last quarter when its gross margin was negative 9 percent. ``It'll be important for the company to show an upward tick tick: see mite. tick Any of some 825 parasitic arachnid species (suborder Ixodida, order Parasitiformes), found worldwide. Adults may be slightly more than an inch (30 mm) long, but most species are much smaller. this quarter,'' Mehta said. NetZero, which touts itself in its aggressive ad campaigns as the ``defender of the free world,'' has weathered a battle for survival to which several other free Internet providers Internet provider - Internet Service Provider have succumbed. Investors have beaten down its stock, dropping it Tuesday to the lowest price in NetZero's brief history as a public company. Shares closed at $4.88, down 22 cents on light volume of 550,000 shares. Mehta thinks investors aren't looking at the big picture, one that includes NetZero venturing into offerings like fee-based wireless services. Mehta also points out who shares the picture with NetZero: giant investors like General Motors and Cisco. ``Unlike other dot-coms, NetZero is one of the few that has its income coming from well-funded customers,'' Mehta said. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion