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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (4461)	4/17/1999 1:36:00 PM
From: jgideon	Read Replies (2) of 118717

Dale et al. -- the hot stock on SI this weekend seems to be USAB. exchange2000.com This is a brick and mortar banking concern that is promising (yet again) a banking website. However, this one is a little different. -- First phase of site goes live monday. Offers investments in CDs and such. -- Real banking site won't be launched until third quarter. This is a worry that the stock might do an ATLB. -- Press release on Friday pushes all the right buttons for being internet savvy. The guy knows how to wave a red cape in front of internet bull investors. biz.yahoo.com -- SI message board tops the hot list. -- Reasonable valuation. $6 book value, trading around $11. -- Now the kicker: 2.1 M shares out, 1.4 M in the float. Average volume less than 3 thousand. Traded 1.5 M on Friday after press release. Has not traded more than 30 thousand shares in a day over the last year. One market maker. ==> SI investors alone could cause this stock to gap huge, given the low volume. Definitely one to watch and try to play, if you can stomach the swings that could occur. jg

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