ENCR I have this:
WESTON, Fla.--(BUSINESS WIRE)--August 12, 1999--TheSubway.com announces investment opinion on Encounter.com with a 6 month target of $4.00 per share.
Encounter.com (OTCBB: ENCR.O) is just starting to be accumulated with expectations of over $4.00 per share in the short term. The company is creating through acquisition and strategic alliance a worldwide business linking: Internet travel reservations and booking, theatre and event booking, Internet dating and related "singles" lifestyle businesses; including a singles casino web site and newspaper-based "voice personals". For next year, the company is looking for earnings of .48 per share.
Among the most actives, gainers, and decliners today were:
FPIC Insurance (NASDAQ: FPIC.O) is a holding company whose subsidiaries provide professional liability insurance for physicians, dentists, hospitals and other healthcare providers, primarily in Florida. Today the stock was off 12 11/16 down almost 34%. The company said Wednesday it did not know the reason for the sharp drop in the price of its stock in midday trading.
Callaway Golf (NYSE: ELY.N) was up 1 1/2 or about 16% after a mild decline from 16 3/4 about 2 months ago. The Company designs, manufactures and markets high quality, innovative golf clubs. ELY products include Great Big Bertha and S2H2 drivers, irons, woods, and putters. Watch this one for a base to be formed around the $10 - 11 range.
Oakwood Homes Corporation (NYSE: OH.N) traded down today 1 9/16. The company is currently earning about 1.17 per share. Currently trading at a PE of about 8, OH was downgraded by Jefferies & Co from an accumulate to a hold. OH designs, manufactures and markets manufactured and modular homes and finances the majority of its sales. The homes are sold at retail through Company owned and operated sales centers.
Coca-Cola Company (NYSE: KO.N), Wall-Mart Stores (NYSE: WMT.N) and Kmart Corp. (NYSE: KM.N) are three stocks that CRG feel are ready to move. KO is currently looking for higher profits in 1999, and WMT's profits were just announced to rise on record sales. Three Great buys here. KM at these levels. Who can resist?
About TheSubway.com
TheSubway.com, a wholly owned online asset of Capital Research Group, Inc. was developed solely for experienced, risk tolerant investors. Subscribers to TheSubway.com receive daily market commentary reports for select companies trading on various markets. Sophisticated investors are also able to receive for free, select, rare research reports and investor kits on up and coming emerging companies while they are still not widely known.
About Capital Research Group Inc.
Through TheSubway.com, Capital Research Group (CRG) introduces fundamentally sound, undervalued companies to the investment community. Capital Research Group strives to locate companies with enormous growth potential. CRG is a full service public relations / Investor relations firm. For more information about our products or services, please contact CRG at 954-217-9555 or visit us at thesubway.com.
CONTACT: Capital Research Group Inc.
Charles T. Tamburello
President / CEO
Phone: 954-217-9555
Fax: 954-389-5756
Email: chuck@TheSubway.com
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