Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Jordan who wrote (46659)	6/28/1999 11:51:00 AM
From: BRANDYBGOOD	Respond to of 120523

JWEB sol this am at 28 1/16 from 22 1/8 entry. It may turn around again, but I think it's been going on AOL buyout rumor. On the message boards: AOL on the prowl? By Shawn Langlois, CBS MarketWatch Last Update: 8:21 AM ET Jun 28, 1999 Join the discussion Internet Stocks Juno OnLine (JWEB: news, msgs), which sagged to a low of 8 7/8 after the IPO, climbed as high as 28 7/8 Monday morning amid speculation that America OnLine (AOL: news, msgs) might be showing some interest in this Manhattan-based ISP. Anytime a stock skyrockets 150 percent in just a few days, you can bet the message boards will be buzzing. Posters on CBS MarketWatch.com searched for answers. Ddamore pondered, "Is it true? Is AOL looking to knock out this worthy competitor already??? Could be an interesting plot ... Could anyone confirm this?" Loci shared his doubts, "if AOL was interested (which makes no sense to me), they would have got it at $11... they certainly aren't going to pay $20. Well, I think Case is smarter than that." "... I still don't see why if AOL were interested they didn't approach them BEFORE the IPO?," major.havoc continued on RagingBull's board. "Heck, they weren't even an initial investor during the private placement round! this would have AT LEAST shown me they were interested. Instead only News Corp, Intel and some others anted up any $$$$ ... while I do like Juno and wish any positive news were true, I hate to be bounced around on unsubstantiated rumors. Rumors don't do us long'ers any good other than giving us motion sickness between the peaks and valleys!" Itsallaboutuvew is another "long'er" trying not to get tossed around by the rumor mill, "I bought before the buy out rumors based primarily on JWEB's business model, revenue/subscriber growth rate, and its management's market aggressiveness. JWEB is a premiere company in the Internet space, and, in my opinion, still very much undervalued in relation to its peers." The boards continue to roar as investors search for the cold, hard facts.