CTII hurt, but I think I have the next hot internet stock! Check this out.
Meanwhile, Matthews of RAM Partners pointed to another company that he believes could be the next to take off in the Internet sector. Infonautics Inc. (INFO), which provides online reference materials to schools, libraries and individual subscribers, is under threat of being delisted from Nasdaq since it doesn't meet the exchange's tangible-asset requirement. But Matthews sees huge potential in Infonautics' new CompanySleuth Web site, which searches electronic databases to collect corporate information like details on insider selling, patents, short interest, domain name registrations, stock ratings, news and chat-room gossip. The service provides the type of valuable information that investors want but may not have time to find, Matthews explained. "This is the coolest Web site I've seen in a long time," he said. Matthews said that if Infonautics is able to resolve its delisting problems, the stock could jump. "If this were an IPO right now, this thing would be screaming." |