Here are my Top 10 picks - For Free!
Since everyone seems to be doing this, I decided to go ahead and put together my list of 10 stocks for 2000.
Top 10 (in no particular order)
1. CMGI - The run-up that this stock has had the past two years is still the beginning. On top of all the myriad of reasons we love this stock, I think that the value of their B2B companies has been underestimated. Furthermore, they are starting to expand internationally.
2. EXDS - Exodus. I visited this company a few years ago before they went public and was very very impressed. For some reason I never bought any of their stock. They are the leader in their market and it is one that will be huge.
3. NTOP - Net2Phone. Their alliances are very impressive, and with the advent of web appliances and such easy to use units, voice over internet will become even easier to use and thus more pervasive.
4. GNET - Go2Net. You've got to stick with the winners right? :-) But seriously, I think that the value of Hypermart will become much more apparent this year as small businesses will start using the internet en-masse. GNET currently hosts over 750,000 businesses and is a leader in this field. Online gaming will be huge as well and GNET is positioning itself quite nicely with deals like the one with Hasbro to create games.com . Finally, I think that people and wall street will start focusing on fastgrowing companies that are profitable at the same time. Profit is GNET's middle name.
5. SIFY - Satyam Infoway. I think that we should be thinking internationally this year. SIFY is the largest private ISP in India, however SIFY has much broader plans than just the ISP market. They are growing very rapidly and are following the business plans of AOL and YHOO. They are also investing heavily in E-commerce, B2B solutions and essentially are building a brand in India that will be a one stop shop for customers.
6. MVIS - Microvision. Check out mvis.com and mvispages.com. Microvision is about to revolutionize display technology and their heavily patented technology is stuff that I day dream about. They are starting to get a lot of media exposure and even though they will not have any products on the market until 2001, I think that excitement around their technology will cause an early run-up this year.
7. NTAP - Network Appliance. NTAP's next generation technology for disks servers looks quite impressive. With the advent of broadband, everyone will need large, fast, and reliable disks for their servers and NTAP will be there to provide the solutions.
8. USIX - USInternetworking Inc. The ASP market is just starting to warm up and will soon be red hot. It has the potential of dramatically changing established relationships in the IT industry. USIX has positioned itself quite nicely as a pure ASP company from ground up.
9. CKFR - CheckFree. I recently signed up for online bill paying and I love it. CheckFree is a leader, and I like going with leaders.
10. IDC - Interdigital Communications. How can we ignore the wireless marketspace! IDC has several patents in CDMA and TDMA technology and has some impressive contracts with companies like Nokia.
One of my favorite stocks that did not make this list is Pacific Century Cyberworks (PCCLF). PCCLF is probably one of the best internet plays in Asia. Founded by Richard Li, who created the Star TV network, PCCLF has some very impressive plans to bring the Internet to China. The reason PCCLF did not make the list is because it is not traded on any of the American markets. It is a BB stock that is traded in Hong Kong but some brokerages like MSDW and DLJdirect will allow you to buy this stock.
I created an SI portfolio with all 10 stocks and bought about $10,000 worth of each stock so that I can track them throughout the year. You are all welcome to look at it too
siliconinvestor.com
I also made another portfolio with Steve Harmon's top 10 for 2000. The same criteria as above... approx $10,000 worth of each stock that we can track for the rest of the year.
siliconinvestor.com
I think that this should be a great year for everyone!
Your feedback and thoughts would be much appreciated.
Thanks,
Prashant |
