Electronic Data Processing Share Discussion Threads

[glen1] 01/11/2000 21:43

I bought at 3.70 and have seen it go to the mid 90,s. one for the long term?

[pitbull] 20/1/2000 16:16

FMX, sorry don't know the date concensus I have heard was end Dec early Jan so we can't be too far away, maybe tying up some lose ends? Been all over the place today, playing with these in my UK Invest portfolio sold at 400p, went to buy back at 380p and I've used up my tradeable volume for the day unless volume goes over 1.5 mil. Looks like I might have to sweat a short on this overnight which is not what I would want. In the real world very happy to see this ticking onwards an upwards, they seem to be having problems over 400p at the moment, I think we need more news to carry this hurdle. PitBull

[fmx] 20/1/2000 14:49

Dropping like a stone now! down to 375/380.

[fmx] 20/1/2000 14:07

Sorry Pitbull for my earlier new thread. .............. Anyway this one is really starting to fly now up to 380/390 which is getting near to its previous high do you know the date of the results? FMX

[pitbull] 20/1/2000 11:12

Ah that explains it, I wonder if it leaked yesterday, as it seemed to start moving just after the Dialog announcement. Results should be out soon. PitBull

[gemstone] 20/1/2000 10:49

Nice rise today and was tipped in shares mag

[pitbull] 20/1/2000 10:13

To the top

[wildrover] 23/12/1999 00:05

I am reading it and I'm very interested in what I see. It's falling off a little now, due to profit taking. Thanks for bringing this one up. Cheers WR

[pitbull] 22/12/1999 11:46

Well shows how worng you can be, now up 62.5p to 326p. They sold their stake in Pegasus, alluded to in my original post yesterday for a £550,000 profit. Would have made another £250,000 if they had waited until today. Is anyone reading this??? PitBull

[pitbull] 20/12/1999 22:14

Well Thanks to Limsfield for his comments on the LC charts thread: ---------- EDP Looks positive for 300p. Would only be worried on weakness back through 180. But for now, higher. ---------- Has followed through with a rise to 270p today. I would not be surprised to see it flatten out here or on reaching 300p. Awaiting further news of how the new offering is being taken up. PitBull

[pitbull] 16/12/1999 16:56

After a little set back on Wednesday, its burst back thorugh previous highs and is now standing at 217.5p. Previous High of last 5 years was 9 Nov 95 at 192, All time High £2.40 10 Nov 93. Surely good sign for all Chartists out there? Limpy? Or do we have to get past £2.40? Or am I just talking to myself? PitBull

[pitbull] 13/12/1999 22:58

Lifted from a separate post by Moshi Moshi, but very appropriate I think. Another nice rise to day with a bit of profit taking after it neared £2. Monday December 13 1999 Comment / Lex B2B or not B2B Hold your hats. Shares in internet companies which serve the corporate rather than consumer market are going through the roof. US business-to-business stocks like Chemdex or VerticalNet - which seek to become trading hubs for particular industries - are trading on over 100 times this year's revenue. Blame scarcity of supply for part of this squeeze. But there is also growing excitement over the explosive growth in this market. Business-to-business (B2B) marketplaces may trade in unglamorous stuff like chemicals or machine tools. But sales from this slice of the internet, where the marketplace is neutral and not biased towards the vendor, could be worth nearly $500bn in 2003 - more than twice the size of consumer-focused sites - according to McKenna Group, the consultancy. Who is best placed to take advantage of this boom? Apart from zippy start-ups, the obvious candidates are incumbents with an expertise in a particular industry who are seen as neutral players. Trade publishers, for example, could combine their content with an auction site, matching buyers and sellers of products. Other contenders are companies that already know about the purchasing processes of different sectors. Software groups like Oracle and SAP fit into this category, though SAP in particular has been slow to recognise the import of the internet. B2B companies should be able to target a wide range of industries. Commodity-style markets, such as agriculture and chemicals, have been among early adopters - largely because of the simplicity of the products. But some of the big wins will be had by e-commerce groups that can provide the software to help companies transact business in more complex and fragmented industries. What about business-to-business stocks? They are attractive for two main reasons. First is the loyalty of the user-base. Winning these sort of users in the first place may be tough. Sassy marketing may convince a consumer to try out shopping online. It is far harder to persuade a corporation to overhaul its existing procurement processes. The latter will need convincing evidence of efficiency gains before it will commit. But once enticed, it should be far harder for rivals to woo it away. Second, canny B2B stocks have the scope to tap many different revenue streams. Aside from advertising and commissions from transactions, B2B companies may be able to charge consultancy fees and make money from ancillary services such as logistics and financing There is an interesting series starting today in the international version of the FT on the state of the economy in the US which suggests that part of the economic miracle there is due to such Business to Business internet companies. Well worth a read. PitBull