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Strategies & Market Trends : HOT STOCKS 100% 200% 300% profits possible short term

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To: roulette who wrote (1764)4/30/1999 7:38:00 AM
From: CIMA  Read Replies (2) of 2038
 
MBHC featured here, at least 300%:

The Internet & Casino Stock Report
April 30, 1999

Market Overview:

Economic data suggests inflation is in check, however, traders seem to be in
disagreement as they continue to run up the price of basic commodities. Funds
continue to pour money into the cyclical-laden Dow Jones Industrials. The
DJIA gained 32 points on Thursday while the Nasdaq gave back nearly 22. Large
tech stocks were hit hard for the third day running, influenced largely by
Amazon (AMZN) which fell 13% to 168 1/4. Strong buying returned to the
technology issues during the final minutes of trading, suggesting a possible
rebound on Friday. Realnetworks (RNWK) performed well closing up 17% to $215.
The company is scheduled to make a major announcement on Monday morning.
Perhaps a broadband deal with America Online (AOL), Microsoft (MSFT), Comcast
(CMCSK), Mediaone (UMG)????

Stocks to Watch:

Platinum Entertainment (PTET): The Musicmaker.com (HITS) IPO was delayed this
afternoon. The company stated that it is considering a deal with a major
record label. Our thought is that HITS delayed the offering due to the less
than hospitable IPO climate. We exited one-half our position in PTET at break
even.

Mortgage Bankers Holding Corp (MBHC) powered to new highs to close at 0.50
(+27%). Volume continues to increase and for the first time in months the
stock was spotted on the OTC:BB most active list. MBHC is now up 170% from
Tuesday's lows. A pullback to 0.38 would offer a potential buying
opportunity. Our upside objective remains $1.50 (3-4 weeks).

New Sky Communications (NSKY): Another penny stock with a big story. This
Rochester New York based entertainment company owns a movie related website
(www.movieplace.com). The site features interviews with celebrities and a
link to local showtimes. The site's Star Wars movie content should draw
further attention. The stock ran away from us today closing up 55% to 0.07
after running as high as 0.09

The online banking software group remains strong. Ashton Technology Group
(ASTN) rose 26% today to 9 15/16 on double normal volume. The company also
owns Gomez Advisors (www.gomez.com), a popular website destination which
rates online brokers.

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The information provided above is believed to be accurate. Earnings and
revenues may be estimated for the purposes of evaluation and comparison. This
letter is a general circulation publication. We do not give investment
advice, nor do we at any time manage or direct the funds of any person or
company other than our own. Positions contained in this report are the
publisher's personal trades, and are not intended as trading advice for
readers. This report is issued solely for informational purposes and content
is not to be construed as being an offer to sell or a solicitation to buy any
security. We do strongly recommend that readers contact their personal
investment advisor or broker for advice pertaining to any investment
questions they might have. The publisher is not a registered investment
advisor, but rather a news editor and a stock trader for his own account.

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