To: scouser who wrote (1339 ) 6/22/1999 10:55:00 PM From: Jim Bishop Read Replies (1) | Respond to of 150070
NATS from an email. OLYMPIC CASCADE (NASDAQ: NATS): The stock was soaring to $5.25, a gain of 75% over our entry price at $3-$3.25 when we profiled the stock last Thursday, before it retreated to close at $4.25, up almost 26% for today. The volume was extremely heavy. 725.8 K shares, 18 times as many as its 3-month daily average or one-half of its outstanding shares, were traded. As we expected, NATS is going to launch its online investing services. Pegasus Internet, a wholly-owned subsidiary of Marketing Services Group, Inc. (NASDAQ: MSGI), an Internet and marketing services industry leader, today announced that it has reached an agreement with NATS. Pegasus Internet will develop the online infrastructure that will allow National Securities to offer online investing services to its customer base and compete in the rapidly evolving electronic brokerage arena. Pegasus' system will enable National Securities' clients to buy and sell stocks, mutual funds and options and to accept all types of orders, including market, stop, limit, stop-limit, good-till- cancel and all-or-none. Interestingly, NATS did not give a news release regarding this major development today. Maybe, NATS will give its own news release tomorrow, as it may venture online investing services with another major Internet company (AOL???, Yes, everybody knows Mr. Case wants to become Mr. Everything). Don't chase the stock, let it go if you did not buy the shares under $3.25. Profit-taking will kick in any time from now on. The stock is rated neutral. ------------------------------------------------------------------------------------------------ Copyright 1999, analystgroup.com. All rights reserved. Persons may reprint or copy any portion of this publication, provided any reprint or copy is accompanied by our web address (http://www.analystgroup.com).