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Technology Stocks : StarMedia Network, Inc. (STRM)

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To: Netwit who wrote (365)8/27/1999 12:03:00 AM
From: $Mogul   of 518
 
This is a week old..but I happened to miss this.
I also saw a very good interview on CNBC by Martha McCullum talking about latin America. Did you know latin Americans make up 10% of the poupulation...staggering I thought.

Stock Picking w/ Mike Malouf and Alan Wapnick-STRM, FLE, K

From: Michael Carrozzo
Date: 7/16/99
Time: 9:59:21 AM
Remote Name: 209.224.198.10

Comments

Stock Picking with Mike Malouf and Alan Wapnick- STRM, FLE, K

Mike Malouf of Neuberger-Bermen Millenium and Alan Wapnick of Lexington Growth and Income

STRM-has a dominant Latin America portal and has more market share in the U.S. than YHOO and AOL combined. It is a great stock and a good long-term hold.

FLE- is a very cheap stock with earnings going sideways for about three years now. It is selling at 8 times earnings, but is caught by a lot of competition.

K- is also a very cheap stock, but is losing market share in a very weak section- packaged food. Retailers are taking control of that section, and K is doing nothing to
improve. This is a stock that one should wait on.
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