PHIL...and all Let me ask you all a question...It's simple and clear ARE YOU READY TO ROCK???????? TMCS is getting high recommendations to be bought by the top analysts in the country> earnings due out JULY 19th and it is anticipated to really be GOOD... So I will either be CHEERING as I increase my very LOW COST position at this level poised for a bounce back into charted territories of 40+ ...Oh let us say in a couple of weeks?..Now everyone get on their knees okay not necessary to go that far so> let us BOW OUR HEADS and pray GREAT GOD ALMIGHTY set TMCS free at last...chuckle..best to all. READ THISSUMMER STRENGTH - We are relieved and encouraged by signs of selected strength in some of our favored Internet stocks. With reporting season kicking off next Wednesday when Yahoo! reports, we expect evidence of improving fundamentals and further stock progress. We don't expect many new highs will be reached, with investors holding back in fear of a slow August. With less volatility, we do not expect to see many stocks return back to recent lows either. As such, we remain focused on stocks that have not recovered as much and should benefit from reports. These include recent IPOs, like Mapquest, and a few more seasoned stocks lost in the shuffle of so many deals, like Lycos and TicketMaster Online-CitySearch
ANOTHER STORY LOCAL COMMERCE LEADER WITH LAGGING STOCK - TicketMaster Online-CitySearch - There are a few stocks that stand out as ripe for positive attention over the next few weeks, by our analysis. We believe TMCS is now the prime beneficiary of increasing commerce at the local level, with more stores joining the CitySearch network to reach its audience and with more people visiting for tickets and more. Maybe the name is too long. Regardless, TMCS appears to be experiencing accelerating growth while its stock price has been lagging. We believe our estimates for both ticket sales and CityGuide revenues are significantly low. TMCS recently redesigned its ticket-purchasing interface to speed up transaction times and recently launched CitySearch eCommerce, a storefront service that enables small businesses to sell products and services directly through their CitySearch micro-sites, enabling more revenues per customer than from just yellow-pages-like pages. The net result of the merger attempt was a major distribution agreement with Lycos. We expect more deals and acquisitions will follow. It announced an expanded relationship with American Express last week, which will help market CityGuides to small and medium size businesses. TMCS recently acquired a leading online dating site and CityAuction.com. The company is scheduled to report June quarter results the week of July 19th.
GOD I LOVE IT WHEN A PLAN COMES TOGETHER...SMOOCHA!!!!!!!!!!!!!!!! |