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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


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.
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