USWeb (USWB) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : USWeb (USWB)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John D. Morrison who wrote (986)	6/17/1999 7:00:00 PM
From: Steve Whitney	Read Replies (1) of 1188

G'evening, This appeared on the Dow Jones news at 6.04 Eastern; Shares of USWeb Corp.(USWB) fell 11.6% Thursday amid short selling and possible day-trading activity, according to Prudential Securities analyst James Dougherty. "The technical indicators are so weak," said Dougherty, that "the charts look like they could be having a strong influence on day traders." He said USWeb's fundamentals are strong, and that he expects the company to post a strong second quarter. Company officials weren't immediately available for comment. USWebs' shares closed down 2 3/8 at 18 1/8 on volume of 5.9 million shares compared with average daily volume of 2.4 million.EOM. Prudential started USWB with a strong buy rating on 5/11/99. Others involved with this fiasco?? are: Salomon Smith Barney; M.Stanley; Dain Rauscher; Cruttenden Roth; Pacific Crest. Carolyn Whelan posted a short but complimentary piece on USWB in Barrons Online on Tuesday. Has this Pruman got it right?; what's the Intel connection?;does anybody know somebody in Santa Clara with a P.I'S licence?. yt SW.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next