Digital River, Inc. (NASDAQ:DRIV)
The Company provides outsourced e-commerce solutions globally to a variety of companies primarily in the software and high-tech products markets.
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This is the best e-commerce firm around. Look at their track record, look at their financial performance, look at their ever expanding network of partners (like Symantec, Microsoft). The company is bracing itself for a leap forward. Technology-wise they're doing the right things, building their products on best of class Oracle-Sun-Cisco stuff.
Although analyst Sasa Zorovic of Oppenheimer's did make some good calls in the past, in the case of the recent downgrade of DRIV he's way off. DRIV's best days are yet to come!
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Better late than never, unless the tip from my paw-N-law is a bummer; in which case he, too will suffer, unless they've kept something from me; in which case....Current market frenzy makes loosers hard to find -- I might resemble that!?
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DRIV has a monopoly and has soared from a low of 24 to 54 recently and will continue to grow
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a global leader in e-commerce outsourcing, having built, managed and grown revenues for more than 40,000 clients since our inception in 1994. Delivers e-commerce sites based on best practices for companies like Symantec, Motorola, 3M, H&R Block, Novell, Autodesk, ACT! and Staples.com and on the works with Microsoft for delivering the new OS Vista
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The company has a full offering for e-commerce and is pushing into new areas, like online marketing. As companies move toward global ecommerce, DRIV is in a great position for growth.
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Several big contracts in line such MS Vista, Adobe etc
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Will benefit from Web 2.0 build out
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Base w Handle Breakout
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A well-run company in a growth industry
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Digital River is the best little eCommerce company no one paid attention to. Using aquisitions to grow an intentional business, the companie should double down the S&P 500 over the next half decade.
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