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Non-Tech : Wit Capital Group Inc - (Nasdaq - WITC) -- Ignore unavailable to you. Want to Upgrade?


To: Philip Williams who wrote (669)7/19/1999 9:21:00 AM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 845
 
Barrod a piece on OLB's and said "growth was slowing"...They aint talked to WITC!



To: Philip Williams who wrote (669)7/19/1999 9:22:00 AM
From: Mohan Marette  Respond to of 845
 
In the Papers-
Philip here is a recap on Barron's,courtesy The Street.com
=======================

In a shocking development, Barron's Alan Abelson included a positive mention of an Internet stock in his weekly column, specifically CustomTracks (CUST:Nasdaq).

Of course, this uncharacteristic optimism was sandwiched between more typically negative views of China.com (CHINA:Nasdaq) and Lernout & Hauspie (LHSP:Nasdaq).

Elsewhere, Scott Satterwhite, manager of the Artisan Partners Small-Cap fund showered bullish praise on insurers Chicago Title (CTZ:NYSE) and Stewart Information Services (STC:NYSE), as well as cement producers Giant Cement (GCHI:Nasdaq) and Lone Star Industries (LCE:NYSE).

Brett Robertson, managing partner at Richmont Investment Management in Dallas, gave positive mention to Gleason (GLE:NYSE), Whole Foods Market (WFMI:Nasdaq), Hutchinson Technology (HTCH:Nasdaq) and B.F. Goodrich (GR:NYSE). The small-cap value manager had less pleasant things to say about Innovex (INVX:Nasdaq).

Neither Satterwhite nor Robertson made the Barron's/Value Line list of top-100 mutual fund managers.

The "Follow Up" section of the paper included cautionary tales about declining demand for sports utility vehicles and implications for automakers such as DaimlerCrysler (DCX:NYSE) and Ford (F:NYSE). The section also noted a setback for Lockheed Martin (LMT:NYSE) last week -- a cutback in production money for the F-22 fighter by the House Appropriations Committee -- but also mentioned that the company inked a $2.5 billion deal with Israel on Friday for 50 F-16s.

Barron's also included a positive report on chip-equipment makers, notably industry giant Applied Materials (AMAT:Nasdaq) and lesser-known AMX (PNJA:Nasdaq). The weekly also featured the slowdown in online-trading growth and potential implications for online brokers such as Charles Schwab (SCH:NYSE), E*Trade (EGRP:Nasdaq), AmeriTrade (AMTD:Nasdaq), DLJdirect (DIR:NYSE) and TD Waterhouse (TWE:NYSE).

In a similar vein, The New York Times reviewed the decline in day-trading activity since the April swoon in Internet stocks. However, the piece was absent much stock-specific insight. In fact, other than Exodus Communications (EXDS:Nasdaq), MCI WorldCom (WCOM:Nasdaq) and Biogen (BGEN:Nasdaq) -- the picks of Fidelity Investments growth fund manager Erin Sullivan -- the Sunday issue was light on "investable" news.

However, a primer on "accounting tricks" was certainly worth the price of admission.