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Strategies & Market Trends : Wire to Wire Daily Stock Picking

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To: Jeffrey L. Henken who wrote (20)	5/23/1999 1:44:00 PM
From: John McCarthy	Read Replies (1) of 3514

Jeffery ........ My Pick: VCR Friday's closing: 3 5/16 Float: 11.2M (per Yahoo Profile) Reason: <<The raveMP is the first MP3 portable player to offer optional memory expansion modules of 16MB or 32MB in addition to the built-in 64MB. The optional flash memory cards allow Internet music lovers to store up to 85 minutes of recorded music with 80MB or 102 minutes of digital music and/or data with 96MB of memory. A digital audio compact disc holds a maximum of 72 minutes.>> biz.yahoo.com Markets: New: HDTV's and MP3 - high gross margin % (assummed) Old: Dual-Deck VCR - low gross margin % (fact) Notes: Company has done poorly in the past. Target: $6.00 regards, John McCarthy

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