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Strategies & Market Trends : LastShadow's Position Trading

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To: Susan Saline who wrote (19286)	8/10/1999 11:50:00 PM
From: AlienTech	Read Replies (1) of 43080

Bet no one paid any attention to GNET today.. SEATTLE, Aug 10 (Reuters) - U.S. Bancorp Piper Jaffray initiated coverage of Go2Net Inc. with a strong buy rating, analyst Safa Rashtchy said in a report. -- Company is trading at 40 times estimated calendar 2000 revenues of $53.3 million, at the high end of range forcomparable companies. -- Recent investment by Paul Allen and growing user base have prepared company for "major lift-off." -- Go2Net was up 7-3/16 at 59-1/2. REUTERS Rtr 15:58 08-10-99Copyright 1999, Reuters News Service Piper started coverage on PRSW an dit actually closed green. I bought some CTCH too.. Man oh man, this zero sum game is hard. But I am expecting to make my money back from ynot sooner or later.. [PRSW] PERSISTENCE SOFTWARE RAISED TO 'STRONG BUY' FROM 'BUY' AT PIPER JAFFRAY. Piper brought both CTCH and PRSW public.. Have to look at PRSW backers, but CTCH's is impressive with even ATHM in it and Mcgraw. An dit seems they are all starting their own global mega centers. Saw softbank do it as well, and now paul allen. Bet CMGI is next in line.

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