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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: katy hohmann who wrote (80112)	6/21/1999 4:36:00 PM
From: hoffy	Read Replies (1) \| Respond to of 119973

JWEB looks great to run here. One analyst predicted that their subscriber base will be just behind AOL in a year. pretty impressive. Got lots of upgrades today. DO your own DD. Here's the news ============================================================= New York, June 21 (Bloomberg) -- Shares of Juno Online Services Inc. rose as much as 20 percent after an analyst said the Internet e-mail provider controlled by hedge fund manager David Shaw could see a 47 percent increase in customers within a year. Shares rose 2 to 13 1/16 in early afternoon trading of 1.5 million shares. Earlier, shares touched 13 1/4. Juno sold 6.5 million shares at $13 each last month in an initial public offering. The New York-based company, which had 6.8 million subscribers at the end of March, could reach the 10 million mark in 12 months, Bear, Stearns & Co. analyst James Henry wrote in a report. That puts Juno behind only America Online Inc., which has 17 million subscribers, Henry said. ''Juno is successfully penetrating the new users market -- the 75 percent of households who have yet to go online,'' said Henry, who rated the company ''buy'' today and predicts its shares will reach $20 in a year. America Online's users are paying subscribers. Juno, which offers free e-mail, currently has 207,000 paying subscribers. That number should more than double by the end of the year, said Lanny Baker, online media analyst at Salomon Smith Barney. Juno offers enhanced e-mail services and full Internet access to its customers for a monthly fee. ''There's a land rush going on out there to build relationships. Juno will be able to convert some of their customers into paying subscribers,'' said Baker, who also rated the shares ''buy'' today and predicts the stock will reach $20 in a year.