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Non-Tech : NetBank(NTBK)-formerly Atlanta Internet Bank -- Ignore unavailable to you. Want to Upgrade?

To: luther yow who wrote (1920)	6/11/1999 10:28:00 AM
From: Platter	Respond to of 2414

From Briefing.com...Updated: 11-Jun-99 Ten Net Stocks Set to Lead Rebound In light of a disappointing earnings report from CMGI (CMGI 101 1/2 -3 3/4) after yesterday's close, the Internet industry is likely to take another hit in today's session. However, Briefing.com maintains that the group is oversold on a short-term basis. As such, we expect a number of the stocks to stage solid near- to intermediate-term rallies. That said, we continue to stress that investors be more discerning in which Net stocks they consider. A more balanced supply/demand equations suggests that the days when everything ".com" rallies are over. To help with the screening process, Briefing.com identifies 10 Net stocks we contend are poised to lead the upcoming recovery. Remember, this list is meant as a place to start, not end, your research. Internet Ten America Online (AOL) 105 1/2 -5 1/2: Not a surprise, as company considered one of the leading Net plays for the long-term. AOL also one of the few Net companies making a profit, a fact which is likely to draw more attention as investors become more discriminating. Stock testing support in the 100 area. Briefing.com expects bargain hunters to use this floor as (re)entry point. Inclusion in S&P 500 also helps to underpin stock, as many money managers need to hold stock in order to keep pace with the index. CNet (CNET) 49 7/8 -2 1/2: Stock has held up relatively well during the current retreat, which is always a good sign once sentiment turns around as those companies exhibiting decent relative strength during corrective periods usually outperform during recovery... Recent 3-way merger with Xoom.com (XMCM 50 +1 1/8) and General Electric's (GE 101 -1 11/16) NBC unit, to form NBC Interactive, also bodes well for fast growing portal as deal should help bolster company's audience... Finally, CNET another company making money. eBay (EBAY) 182 11/16 -5/16: Leading auction site and one of the premier e-commerce companies on the Web... Though competition has intensified, EBAY still stands head and shoulders above the rest in its field and we expect investors to buy the leaders when they return... And another thing, they're profitable. InfoSpace (INSP) 50 3/16 +3 15/16: When trying to identify Net leaders, two keys are strong management and proprietary technology... INSP scores high marks on both accounts... Company's market penetration also very impressive... Though not expected to be profitable in FY99, INSP is due to turn profitable in FY00. Inktomi (INKT) 96 -2 1/4: Like INSP, INKT makes the grade for its management team and technological leadership... Stock has exhibited impressive relative strength during sector's recent slide... Should come close to break even by FY00. Net.B@nk (NTBK) 32 7/16 -7/16: Not a relative strength leader, but a clear leader in the burgeoning online banking industry, and profitable to boot... Given recent pullback, Briefing.com considers NTBK to be one of the more discounted plays in the Net universe... Account growth is impressive and with more investors comfortable transacting trades, purchases over Net, only logical to assume that banking will continue to grow in acceptance. Priceline.com (PCLN) 102 1/4 -2 3/4: Though loved by the street for its unique business model, Briefing.com less convinced that model will result in material profits... However, PCLN makes the cut based on Net history which shows that after hot IPOs (and PCLN certainly qualified as such) fall from grace they typically make at least one more strong upward thrust... Given PCLN's devoted following, it's a perfect candidate for just such a move once industry tone improves. RealNetworks (RNWK) 68 1/4 -1/4: Leader in the streaming media space and a solid takeover target... Company also has a great management team... RNWK expected to break even in FY99 and turn profitable in FY00... Stock nearing solid long-term support. USWeb/CKS (USWB) 25 -7/8: Not on a lot of radar screens, but a long-time Briefing.com favorite for its leadership position in the lucrative consulting business... After spending past couple years aggressively acquiring smaller companies, USWB now positioned to dominate its industry... Company's also profitable... In fact, estimated FY00 p/e of 35.7 rather pedestrian for a Net company... For that matter, p/e rather low for any growth company - especially one expected to grow earnings by an annual rate of 50% over next 5-yrs. Yahoo! (YHOO) 144 3/4 -1 5/8: Only Net company included on Briefing.com's list of "Core" candidates... Must own for investor desiring exposure to the dynamic growth prospects of the Net, as recent acquisitions of GeoCities and Broadcast.com (BCST 110 5/16 -1 3/16) position YHOO to maintain its leadership position within the Internet universe... No better management team in the industry... Stock has spent past several months building a strong base from which to launch next rally... Typically, YHOO stages big up move in the month preceding its earnings number... Next earnings report due in just under 30 days... Finally, keeping with the general theme - YHOO is profitable.