Add SubjectMark | Hide Original Post | Show Chart | Poster Summary |ePlus (PLUS) -Online Procurement | Stock Discussion Forums Share This Board

Moderated By: Bob A Louie -- (Not Moderated) -- Started: 11/23/1999 12:03:00 AM  Revision History At first glance this company appears to be ridiculously undervalued. $230M annual revenues with a $70M market cap, 1.5 times book value. Landed a $20M contract with state of Pennsylvania today. News release biz.yahoo.com  Recently changed name from MLC Group to ePlus. Past revenue mix consists of hardware and software leasing and network support services however now branching out into e-commerce procurement services. Yahoo Profile: ePlus, Inc. provides an automated Internet supply chain management product, ePlusSuite, which provides procurement, asset management, financing and services to enterprises on a hosted basis. For the three months ended 6/30/99, revenues rose 31% to $54.4 million. Net income increased 3% to $1.5 million. Revenues reflect increased sales from PC Plus, Inc. Earnings were offset by increased interest and financing costs. From press release: ePlus inc. is a leader in providing cost-effective e-commerce e-procurement, leasing, and asset management service solutions. Its hosted application, ePlusSuite(SM), produces hard and soft dollar costs savings and increases internal efficiencies for customers throughout the life cycle of purchases. ePlusSuite(SM) consists of Procure+(SM), Manage+(SM), Finance+(SM) and Service+(SM), and provides automated, online workflow management, procurement, order tracking and verification, asset depository, tracking and reporting, financing, sales, property and use tax compliance and payment, software license compliance, technology rollout and upgrades, technical and maintenance services, and equipment disposal. The company was founded in 1991, is headquartered in Herndon, VA and has 17 offices in the United States. ePlus is a trademark applied for of ePlus inc., and ePlusSuite(SM), Procure+(SM), Manage+(SM), Finance+(SM) and Service+(SM) are service marks applied for of ePlus inc. Company web site mlcgroup.com

Reply	Message Preview	From	Recs	Date
29	Coverage Initiated by First Union Sec with a Strong Buy rating and a target of	speedbot	-	04/26/2000 08:01 AM
28	Watching and waiting. We need some news. s	speedbot	-	01/19/2000 11:56 PM
27	Yea I am in between $40 and $50, this is one of my first picks that I first got	Bid daddy	-	01/19/2000 11:55 PM
26	This stock has done so poorly the last few weeks that I am just about to sell i	j.j. jingleheimerschmidt	-	01/19/2000 11:27 PM
25	WST, I think all the other B2B companies you comparing are pure B2B plays. W	allen menglin chen	-	01/12/2000 04:28 PM
24	PLUS >> Super STRONG BUY >> 12 month target $150 Do a comparison	WallStreetTips	-	01/12/2000 03:33 PM
23	Wow...Check out this highly optimistic article on the bull: ragingbull.com	Stock Puppy	-	01/10/2000 12:21 PM
22	PLUS -- I don't believe the correction is over yet...The futures are still	Lucky888	-	01/04/2000 05:56 PM
21	this might be one of those byhiselo fiascos, but went long at 62 and 60 today,	byhiselo	-	01/04/2000 05:51 PM
20	PLUS -- Job well done .. I think the down market helped a lot. L.	Lucky888	-	01/04/2000 12:31 PM
19	>This seems like a decent company with decent earings/revenue.. Agreed. Alt	Stock Puppy	-	01/04/2000 11:01 AM