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Technology Stocks : Bitstream (BITS)

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To: LTK007 who wrote (50)12/5/1999 7:49:00 PM
From: hoffy  Read Replies (1) of 108
 
XML stocks might be hot and BITS should do well. Read this from LION.com which explains why.
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Bitstream (BITS) gained $5/8 to $3 1/2 as traders anticipate a new XML-based web page output solution called Mpower to be introduced in the coming weeks. In comparison, XML-based stocks such as Interleaf (LEAF), Inso (INSO), and Viador (VIAD) have gained 200%+ in recent weeks. Microsoft's recent decision to scrap its Visual Java technology in order to focus on XML as the standard for their web applications should give the XML sector strong boost and visibility ahead. Value momentum XML stocks to watch are BITS, FORM, ODIS, WEBB.
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