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[sharechat] EFORCE-DF Mainland bullish report.

From:	"Warner Lamb" <cloud9@i4free.co.nz>
Date:	Wed, 7 Jun 2000 14:23:44 +1200

DF Mainland put out a very optimistic report on EFORCE. 4/6/00. They have a
target of 63cps based on inclusion of Product Sourcing Int and Imajic
aquisitions.A 152% 12 month forcast based on 25cps.They have an interest of
course...but quite indepth report with comparisons.Shows a PE of 5.5 with
aquisitions figured in so this seems to be the key..This has not been
finalised yet so there is the risk.What I do like is the inclusion of Mr
Cook from Quest (VP)..and the PSI B2B connections.I have a very sml holding
of 6650 EFC.
Check full report @ http://www.eforce.co.nz/investors/default.asp

Warner


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