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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Rich1 who wrote (63314)9/27/1999 8:51:00 AM
From: puborectalis  Read Replies (1) of 120523
 
from SARCO on ragingbull....BGST....23 REASONS TO BUY BGST! (9/27/99)

1. INCREDIBLE low price ($6 1/8 / share)
2. SMALL market capitalization (58.19 million)
3. SMALL share float (2.5 million)
4. HIGH buyout probability
5. INSIDER trading (100,000 shares bought during August)
6. EXPERIENCED management (CEO David Friedensohn - Former CEO SonicNet, VP Prodigy, Director of Corporate Development Viacom; VP David Levitsky - Former Marketing Director Columbia House, Responsible for helping build Columbia House's online video operations)
7. STRONG second quarter financial results (third quarter financial results will be released during the third week of October)
8. STRONG BUY recommendation from Prudential Securities
9. BUY recommendation from FS Van Kasper
10 BUY recommendation from Wasserstein Perella Securities
11. ANNOUNCEMENT of a strategic content and commerce agreement with FortuneCity.com
12. ANNOUNCEMENT of global expansion with international partnership with UK-based BlackStar.co.uk
13. CONFIRMATION as leading filmed entertainment site by PC Data and NextCard
14. 100,000 TITLES for sale (All formats including videos, digital video discs (DVDs), and laserdiscs)
15. ANNOUNCEMENT by Sony (Playstation2 will support DVD-format)
16. ANNOUNCEMENT by Sanyo (Will begin producing DVD players)
17. ALERT from Dayinvestor.com (BGST could pick up steam on soaring DVD sales)
18. ALERT from Briefing.com (BGST will gain visibility as perennial e-commerce Christmas rally approaches)
19. NO brick and mortar warehouses
20. ONLY 55 employees on the payroll
21. POKEMON videos for sale
22. CHRISTMAS season coming soon
23. ANNOUNCEMENT by Jupiter Communications (1999 holiday online sales will double to $6 billion and new online buyers will drive retailers success well past holiday season)

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
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