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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: Jenna who wrote (219)5/25/2001 1:21:38 PM
From: shulz  Read Replies (1) of 1227
 
13:01 ET Homestore.com (HOMS) 30.30 -0.33 (-1.1%): In a mid-day note, Prudential says it views 9.5% sequential decline in April new home sales as marginally negative for HOMS; believes that realtors would be less likely to renew subscriptions and purchase new services from HOMS in a down real estate market; thinks company well situated to reap the benefits of migration online of real estate market, but firm will be keeping a close eye on housing stats over the next few months
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