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

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To: Jeff Jordan who wrote (11802)7/21/1998 9:03:00 AM
From: Jenna  Read Replies (2) of 120523
 
More on GeoCities...While GeoCities cautiously hasn't revealed shares offered, target price or pro forma much of anything, we expect it to be over-subscribed to the level of hysteria. If Broadcast.com went ballistic on market madness then GeoCities, a category creator and leader, could break BCST's record for percent gains.

We think GeoCities could price the works at $575 million market cap with 5 million to 6 million shares offered at north of $25 per share and end its first day north of $1.5 billion to $2 billion.


Watch the oil service sector.. It's been battered for so long, I'd like to have a nice intraday trade in a company like WII, or RON or CDG, BWG ... I used to daytrade their options regularly.
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