After a very good beginning this week, Everything came crashing down on
Thursday...It looked like we were going to begin the Fed Meeting
Anticipation Rally early this week,,, However almost all gains were lost
by weeks end.......
This weeks stocks were:
Mondays Pre-Open we had 3 stocks featured in Members Area....
EBAY---Monday Price $38
Wednesday Price of $44
Friday Price of $34
EBAY, Like about everything had a nice run up until Wednesday, then got
punished as the market collapsed Thursday and Friday...
eBay Inc. Last: 34.00 Change: -5.13 Volume: 7,172,100
$$$$$$$$$$$$$
HOTJ-----Monday Price of $3.50
Friday Price of $5.91
HotJobs.com, Ltd. Last: 5.91 Change: -0.13 Volume: 217,500
$$$$$$$$$$$$$
ADBE---Monday Price of $27
Friday Price of $27
Adobe Systems Incorporated Last: 26.94 Change: -0.19 Volume:
7,633,600
Top alerts
03/09/01 Hit new 52-week low.
02/28/01 ADBE will announce earnings on 3/15/2001.
$$$$$$$$$$$$$
Mondays News Alert AMZN opened in $12's and went to $14 next day....
$$$$$$$$$$$$$
Tuedays News Alerts
MARCH 6th--INSP--InfoSpace and MSNBC Enter Agreement to Deliver an Array
of Streaming Video News Through InfoSpace's Broadband Platform
MARCH 6th ---CMGI up and Active on Insider Trade Data...
MARCH 6th---B2B WATCH--Ariba Inc. , which makes software for business
procurement, stood at $14-3/4 after closing at $14-5/16.--PPRO--Still on
BottomFishers Favorite List.--PurchasePro to Enter the Strategic Sourcing
Industry with Acquisition of BayBuilder
MARCH 6th---(PRSF)Portal Software and Nokia Networks Announce OEM
Agreement on Rating Systems to Support WAP, GPRS, and 3G-Based New Services
MARCH 6th (PRSF)Time Warner Cable Selects Portal Software's Customer
Management and Billing Platform To Support Multiple ISP Choice
INSP had no Positive action at all....
InfoSpace, Inc. Last: 3.47 Change: -0.03 Volume: 7,249,800
CMGI went up from $4 1/4 to $5.00 before Thursdays Downturn...
CMGI, Inc. Last: 4.09 Change: -0.22 Volume: 4,057,300
Top alerts
03/08/01 CMGI will announce earnings on 3/13/2001.
PPRO was a big gainer moving from $10 up to over $12 before Thursdays
Drop...
PurchasePro.com, Inc. Last: 10.81 Change: -1.13 Volume: 3,241,900
Top alerts
03/09/01 PPRO : Downgraded from Strong Buy to Buy - by Lehman Brothers.
ARBA held gains into Thursday and then got punished...
Ariba, Inc. Last: 11.50 Change: -2.13 Volume: 20,550,600
Top alerts
03/09/01 ARBA : Downgraded from Buy to Mkt Perform - by Lehman Brothers.
03/09/01 Hit new 52-week low.
Analyst alerts
03/08/01 Spread of earnings estimates increased.
03/06/01 ARBA : Coverage Initiated by Robert W. Baird: Mkt Perform $17.
from Strong Buy to Buy - by Thomas Weisel.
03/08/01 ARBA involved in merger talks: "i2 Technologies to pay $114
million for RightW...."
PRSF in low $8's went to almost $9 before dropping with the market...
Portal Software, Inc. Last: 8.13 Change: -0.69 Volume: 2,046,200
$$$$$$$$$$$$$
SPECULATIVE ALERT CONTINUES----
Micro-Nasdaq ------Speculative Stock GloblaMedia.com ( GLMC )
It is coming down to the Wire for GLMC....Will they pull out a Merger or
NFL Contract News ??? Sands of time are Running Low....
VANCOUVER, British Columbia, March 9 /PRNewswire/ -- GlobalMedia.com
(Nasdaq: GLMC) announced today that it has added an additional issue to
its delisting hearing before a Nasdaq Listing Qualification Panel (the
"Panel") on March 30, 2001. GlobalMedia received a Nasdaq Staff
Determination notice on March 2, 2001, indicating that it does not
currently comply with the shareholder approval requirements, as set forth
in Nasdaq Marketplace Rule 4350(i)(1)(D)(i). GlobalMedia does not believe
that such noncompliance exists, but has proposed several methods of curing
the alleged noncompliance if the Panel concurs with the Nasdaq staff.
However, there can be no assurance that the Panel will agree to
GlobalMedia's proposals or grant GlobalMedia's request for continued
listing.
About GlobalMedia.com
GlobalMedia.com (www.globalmedia.com) develops customized Internet
solutions for media and entertainment companies. With a strong background
in streaming radio broadcast technology, GlobalMedia.com develops custom
internet broadband and wireless solutions for clients including the NFL,
World Hockey Net and 4Kidsentertainment. Winner of the prestigious Linux
Journal award for the "Best Overall Linux Solution" at Comdex Fall '99 for
its Internet streaming audio technology, GlobalMedia.com's new focus is on
developing Internet video technologies, that will provide media and
entertainment companies the opportunity to expand their reach globally.
$$$$$$$$$$$$$
Stocks on Watch if market turns higher in anticipation of upcoming FED
MEETING....
PPRO---TRLY---
IPO- LDCL getting some mail as a potential winner on its opening into such
a terrible market today,,,Only up about 4% on the day after anticipation
of much larger IPO...
$$$$$$$$$$$$$
ALERT----------------------OPWV--------------------------
OPWV $33.00 03/09/2001
12:58 PM
Openwave Sys.
Merrill Lynch says company's business outlook remains unchanged despite
50% stock price decline.
$$$$$$$$$$$$$
EPNY
$13.25 03/09/2001
e.Piphany
Stock seeing some action as rumors surface the company is the likely
target of a takeover bid.
$$$$$$$$$$$$$
Other Stocks in the News this past week....
03-09-01...(CNLG) Conolog Reports Record Second Quarter Results; Also
Record Six Month Revenues
....MARCH 7th -----IFCI--International FiberCom Subsidiary Wins Patent
for Wireless Signal Filter; Ultra-Q Active Filter Strengthens Signals,
Eliminates Interference
Egghead.com Announces $20 Million Financing Line From IBM Global
Financing
RealNetworks Inc. (Nasdaq: RNWK Punished Thursday and Friday .....
$$$$$$$$$$$$$
Borland Software Corporation Last: 7.81 Change: -0.22 Volume:
880,000
Price/Volume alerts
03/06/01 Price crossed above 50-day moving average
Borland Software Corp., formerly known as Inprise Corporation, is a
provider of Internet enabling software and services designed to reduce
the complexity of application development for corporations and
individual programmers. The company recently introduced programming
tools that will help Windows programmers easily transfer programs to
Linux. Brett D. Fromson, Chief Markets Writer for thestreet.com believes
Borland offers significant value for investors.
$$$$$$$$$$$$$
http://www.tradingtrain.com/momentum
TradingTrain.com!
As you know by now, we have created an extraordinary service for anyone
interested in online trading. We are the first full-featured stock pick
aggregating system on the Net. Not only are we the first, but also no
other company has bundled such an incredible compensation plan to reward
our Customers and Reps so generously.
http://www.tradingtrain.com/momentum