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OMGA was mentioned in this nothing news release before the open...
STOCKWINNERS.com Announces Investment Opinion;
STOCKWINNERS.com Rumors Generate Solid Returns
Friday, March 5, 1999 05:00 AM
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NOTE TO EDITORS: The following is an investment opinion issued
by STOCKWINNERS.com
BIRMINGHAM, Ala.--(BUSINESS WIRE)--March 5, 1999--Stock picks posted in the
STOCKWINNERS.com Rumor Mill led to successful trading over the past month. "All
twenty-nine of the rumors generated positive returns," according to company
spokesperson Faye F. Nia. "About half produced short-term, double digit gains. On
average, the group was up 16% in five days. Only three of the rumors suggested short
sales. The rest involved stock purchases."
"Our CMGI (NASDAQ:CMGI) story was particularly timely. The rumor anticipated a
sharp rise in share price, after the early February fall of Internet-related issues. Two
days later, CMGI shares were up 21%. Fourteen days later, they were up 63%," Nia
said.
"Other rumors during the month involved Individual Investor Group (NASDAQ:INDI),
Providian Financial (NYSE:PVN), Omega Research (NASDAQ:OMGA), Health
Management Associates (NYSE:HMA), Navistar International (NYSE:NAV), E-Trade
Group (NASDAQ:EGRP), U.S. Franchise Systems (NASDAQ:USFS) and
Broadcast.com (NASDAQ:BCST). Those picks gained 20% to 72%, within two to
fourteen days of our postings," Nia remarked.
In addition to rumors, the service offers free real-time quotes, daily stock picks,
intra-day market alerts and option picks. "The market alerts are E-mailed to
subscribers throughout the trading day. They tend to involve early notification of
momentum plays and help our people get in at the bottom. In a recent alert about
America Online (NYSE:AOL), for example, we advised subscribers that the company
would probably beat earnings expectations and declare a stock split the next day. Both
were indeed announced and three days later the stock price had risen 16% from the
alert level," said Nia.
STOCKWINNERS.com is on the Public Register's Annual Report Service listing of the
Internet's Top 50 financial sites. "Firms are chosen by on-line financial service
subscribers," Nia pointed out. "The success of our rumors is one of the reasons we
were selected."
STOCKWINNERS.com has recently issued timely alerts on a variety of stocks,
including BankAmerica (NYSE:BAC), Dayton Hudson (NYSE:DH), International
Business Machines (NYSE:IBM), Intel Corporation (NASDAQ:INTC), MCI WorldCom
(NASDAQ:WCOM), Microsoft Corporation (NASDAQ:MSFT), Charles Schwab
Corporation (NYSE:SCH), Ciena Corporation (NASDAQ:CIEN), Merrill Lynch
(NYSE:MER), Lucent Technologies (NYSE:LU), Wal-Mart (NYSE:WMT) and
Amazon.com (NASDAQ:AMZN). Free two week on-line trial subscriptions to the
service are available. The company may be reached at www.STOCKWINNERS.com,
or 205/408-9280.
CONTACT: STOCKWINNERS.com, Birmingham
Faye F. Nia, 205/408-9280 |
