Who could have predicted that one little company would turn in a stellar first quarter performance so inspiring as to reverse the slide of the entire market? http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7BCD1238BD%2DA68D%2D40DF%2D95D1%2DAE5385CCA9D4%7DI refer of course to FreeMarkets, the sole B2B dotcom left standing, a company that promises to be THE success story in B2B acutioning that EBAY has been in the corresponding C2C space. My own personal target for FMKT for later this year is 75, at which price its market cap will STILL be only 3B, compared to Ebay's 14B. Even now, at 800M, its market cap is , incredibly, 100M LESS than the now almost totally defunct ARBA! If there is ANY justice in this world, this stock should be AT LEAST back up to 28 VERY QUICKLY.What more does Goldman Sachs need, to begin revising upwards its ratings and targets on this fantastic company?
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