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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?

To: Susan Saline who wrote (17371)	7/15/1999 11:46:00 PM
From: AlienTech	Respond to of 43080

Cybersource Looks After E-Business As a recent IPO among the bustling Internet crowd, CyberSource (CYBS) is still hopping. Offered at 11 a share on June 23 through top-notch underwriters led by Merrill Lynch and J.P. Morgan, the stock closed at 13 9/16 on the first day. It has since vaulted to 25. Some money pros expect the stock to double this year, based on the vast market for CyberSource's products, which include fraud prevention, global payment processing, and tax calculation services to online merchants. Part of the stock's fascination is the list of CyberSource's early investors: Microsoft co-founder Paul Allen, whose Vulcan Ventures still owns 11.5% after the IPO; General Electric Capital, with a 7.6% stake; and credit-card giant Visa International, which holds 9%. Also impressive is CyberSource's customer roster, which includes Compaq Computer, IBM Software Group, and Beyond.com, a major online computer software retailer, which spun off CyberSource in 1997. Some big investors are betting that CyberSource will attract buyout suitors once it's obvious that the market for its E-commerce transaction services is huge. One New York money manager who has been buying shares thinks that a credit-card biggie such as Visa could be interested in acquiring CyberSource. Visa and CyberSource are working together, notes the money pro, to build products that will protect Web merchants and their banks from Internet credit-card scams. One CyberSource insider says he wouldn't be surprised if Visa or another credit-card company were to make a move. The company wouldn't comment since it was still in a ''quiet period'' in light of the June 23 IPO. BY GENE G. MARCIAL

To: Susan Saline who wrote (17371)	7/16/1999 6:20:00 AM
From: Dave Shares	Respond to of 43080

<<course ... it could be too ... he just hangs onto any stock that doesn't go up ... no losses that way too, harharhar ... there's a few of us here, that do that lil paper mind play >> Maybe, you'd have to ask him that. I post when my stops hit, losses and gains. Not always realtime, as I am not always able to do so. That is why I am only posting position trades and not daytrades. Message 10230086 Message 10254081 Message 10276172 Message 10353596 Message 10419486 Still holding BSX (from 44) Still holding SUT (from 26 3/8) Still holding SDRC (from 19 3/4) I have entered and exited other stocks, but as they were based upon the suggestions of others (and my DD), I do not feel comfortable posting those. There are many talented traders who are on this thread, including you, and it is truly a good learning experience to watch all of what goes on. I am still feeling my way, making some good trades, making some mistakes, making less big mistakes, trying to do the best I can with the time and resources I have. Good luck to you and all the others who post here, I wish you all the best and much success and happiness. David