ASK: "THE LAST DON" OF MOMENTUM TRADES Message Board

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Microcap & Penny Stocks : ASK: "THE LAST DON" OF MOMENTUM TRADES

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To: Ernest Poe who wrote (3268)	1/15/1999 12:01:00 PM
From: Tracy Moore	Read Replies (1) of 15987

SPGLA is IN PLAY at 9... AMZN takeover target- its just FREE MONEY JUST SITTIN THERE ON THE TABLE!!! Low teens by next week EAAAAAAAAAAAAAAAAASY!!!! "Spiegel stock likely to keep rising -Business Week NEW YORK, Jan 14 (Reuters) - Retailer Spiegel Inc. (Nasdaq:SPGLA - news) has seen its stock jump not only on the company's fundamentals, but also because it is a rumored takeover target, according to Business Week magazine. Business Week reported in its Jan. 25 issue that Spiegel's class A stock jumped from 3-1/2 in early December to 7-3/16 on Jan. 13. Business Week said online sales still count for a modest percent of Spiegel's total sales, but they tripled during the recent holiday season. Investment manager Mark Boyar told the magazine he believes Internet sales could hit $300 million, or 10 percent of the total in a year. Business Week said Spiegel had total sales of $2.6 billion for the year ended Jan. 2, 1999, although the company continued to show a loss. Spiegel offers its products through catalogs, the Internet and 550 retail stores. It also owns the Eddie Bauer chain."

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