Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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

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To: Jenna who wrote (13722)	9/1/1998 10:33:00 AM
From: Jerry Olson	Read Replies (1) of 120523

Jenna some info from a source I respect on Internets... Top 10 ISDEX Decliners August 31 ISDEX ticker 31-Aug-98 28-Aug-98 % change bearish take bullish take Excite XCIT $ 21.75 $ 30.56 -28.8% brand vs. EPS Leading Web service PSINet PSIX $ 10.50 $ 14.56 -27.9% Asia exposure International growth Lycos LCOS $ 21.69 $ 29.88 -27.4% Join the search fall Community king Secure Computing SCUR $ 6.38 $ 8.41 -24.2% Security sector weakness Consolidation needed Earthlink Network ELNK $ 26.50 $ 34.88 -24.0% Soros investor Soros investor CMG Info CMGI $ 38.13 $ 50.00 -23.8% Lycos and GeoCities And 2 dozen promising startups Netscape NSCP $ 18.00 $ 23.50 -23.4% Portal-un-mania Strong sales latest q @Home Network ATHM $ 28.50 $ 36.75 -22.4% Cable pipe dream still Nirvana speeds Onsale ONSL $ 14.38 $ 18.25 -21.2% Everywhere auctions Great prices Excite's (NASDAQ:XCIT) aggressive buying and, more recently, write-down accounting got it into the hot seat with investors. Russia just gave them a reason to walk on the stock. Also, we think stocks that ran on brand and emotion can also fall on those two elements just as easy. PSINet (NASDAQ:PSIX) has been the target of takeover rumors for well over six months now and no suitors in sight. It's been building a global network for data and IP communications which we believe bodes well for the future, in spite of skittishness about international exposure. Lycos (NASDAQ:LCOS) may emerge as the king of community Web-services with all the potential revenue and possible earnings flow that it implies. People are commerce and now Lycos has people with its community sites. The challenge is converting them to customers or selling them to marketers in a way that doesn't make them pack up and go. Earthlink (NASDAQ:ELNK) coincidentally is owned in part by one of super-investor George Soros' funds. Soros was famous for making $1 billion by shorting the pound in the 1980s. Now he may be more famous for investing $2 billion in Russia before it collapsed. Perhaps the most speculative of the top 10 decliners is @Home (NASDAQ:ATHM), full of the promise of high-speed Internet services via cable but not available on the scale of an AOL coast-to-coast or globally. Highspeed Internet access rules, but sign-ups need to be stronger in our opinion--@Home serves about 150,000 cable modem subscribers in North America out of 8 million homes passed. We expect the bulls and bears debate to continue as the market tries to find its red cape. For now, all it sees is just plain old red from the bloodletting of the past two trading sessions. Jenna 300 million shares in the first hour!!!!!!! WOW!!!!!!! a billion day trade will happen...........sheeesh!!!!!!!

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