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Microcap & Penny Stocks : HeartSoft Incorporated (HTSF)
HTSF 0.00010000.0%Jun 27 11:26 AM EST

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To: Lee Bush who wrote (734)8/12/1998 4:31:00 PM
From: Eric Maggard   of 1781
 
Yea, we got some buying. Saw this from MarketWatch a couple of days ago and thought it interesting:

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Asymetrix Learning (ASYM) (off 27 percent)

Another recent IPO that has done nothing but fall since its debut. It's kind of surprising considering that the company was founded by Paul Allen and is competing in a market expected to grow exponentially in the coming years: Online learning. The company, which makes software to allow companies to distribute knowledge to their employees, has done nothing wrong to merit the price fall, but investors obviously aren't convinced of its business plan.

Lessons: Paul Allen is not King Midas.

Outlook: Mostly sunny, according to the analysts that follow the stock as well as International Data Corp., which sees the market for Web-based learning growing by 95 percent on a compound annual rate until 2002.

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The thing that stands out is the amount they are expecting web-based learning to grow. Is HTSF going to be there? Hope so.

Eric

Edit: Link: cbs.marketwatch.com
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