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 (19586)	12/7/1998 7:46:00 PM
From: Kenneth R Miller	Read Replies (1) of 120523

I don't see how it would be considered hyping when JPM is recommending the stock... Look for gap up tomorrow.. NEW YORK, Dec 7 (Reuters) - J.P. Morgan said Monday it initiated coverage of EarthWeb Inc. EWBX.O with a buy rating. -- The company is uniquely positioned to serve information technology professionals and J.P. Morgan expects it to maintain its market leadership. -- The company has aggregated the largest online population of information technology professionals and is increasing its brand awareness steadily, according to the broker. -- EarthWeb has built significant barriers to entry through its proprietary and exclusive content and is poised to benefit from the expected rapid growth of online advertising, according to the broker. -- J.P. Morgan believes it would take competitors at least two years to duplicate EarthWeb's competitive advantage. -- Shares were up 7-1/2 at 40-1/2 on Monday. 859 1730)) REUTERS Rtr 09:40 12-07-98

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