Robert DeFrancesco’s
TechStockProspector.com
February 2, 2012
Zynga (ZNGA) Rebounds 56% Off January Low
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Zynga (ZNGA, $12.43) bulls like the fact that the social-gaming company accounts
for 12% of Facebook’s revenue. Facebook’s IPO filing last night revealed how big
Zynga is on the social-networking platform.
Zynga shares have surged more than 17% today, even trading up to a high of $12.91
at one point. The company now sports a market cap of $8.6 billion, vs. the 2012
consensus revenue estimate of $1.4 billion.
It’s funny because Zynga bulls were using the argument that the company is
expanding beyond the Facebook platform as a reason to like the stock. Now they see
Zynga’s dominant position on Facebook as a positive.
Zynga shares have rebounded 56% from the January 9 low of $7.97.
For more on Zynga, Tech-Stock Prospector subscribers should see TSP #119
(January 2012, page 3).
The January 2012 issue of Tech-Stock Prospector is available at
TechStockProspector.com (subscription required) and in the Amazon.com Kindle
store.
We offer 30-day trial subscriptions, including daily Web updates, for just $47.
Here are some of the topics covered in the January 2012 issue:
*Hot tech trends for 2012
*4 cloud software buyout targets
*A winning play in storage
*Benefiting from the 4G upgrade cycle
*Google valuation analysis update
*Akamai investors applaud the Cotendo purchase
*Tibco Software tops expectations
*Red Hat expands its reach
*Buy Zynga on the dip?
*Acme Packet hits an air pocket
*Battleground stock for 2012: Salesforce.com
*Money Manager Focus: Seeing value in SGI
*How Ariba drives B2B commerce
*IPO Focus: Jive Software
*TSP Deal Report: A look at privately held Splunk
To place an order, simply call TSP Customer Service at 800-392-0998 or visit
TechStockProspector.com
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Tech-Stock Prospector is now available in the Amazon.com Kindle Store in the
Business & Investing section of the online magazine stand.
Here’s the Kindle link: http://www.amzn.com/B004T6Z0ME
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Tech-Stock Prospector Managing Editor Rob DeFrancesco has more than 20
years of experience covering the tech sector. He is a former senior writer with
Louis Rukeyser’s Wall Street.
TechStockProspector.com, launched in 2003, is an investment-research service
focused primarily on the networking, storage, security, wireless and software
sectors. Annual subscription: $350.
For more information or to place an order, call 800-392-0998.