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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (12939)	7/29/1999 10:05:00 AM
From: BarbaraT	Read Replies (1) \| Respond to of 108040

I am adding to DRGI ... actually, didn't grab any yesterday. Noticed it was even on a post I get through the emails today .. and that rarely ever has any penny stocks: weeklystockpicks - weeklystockpicks.com Additional Stocks To Keep An Eye On a. SSCC- Rayonier (RYN) announced today it has signed a definitive agreement to purchase approximately 980,000 acres of timberland in Florida, Georgia and Alabama from Smurfit-Stone Container Corporation for $725 million. .The Boards of Directors of both companies have approved the transaction, which is expected to close early in the fourth quarter. We will continue to keep you updated on this story as additional details continue to come in b. FON- Deutsche Telekom AG (DTEG.F) is in talks to acquire France Telecom 10 percent stake in Sprint (FON), the Wall Street Journal Europe reported today. The Journal's sources say that this step would be the first in Telekom's bid for a possible outright purchase of Sprint. Officials for both companies declined comment on the Journal report. c. CPQ- Compaq, the largest PC maker, announced after the bell yesterday that it lost $184 million, or 10 cents per share. That was 1 cent narrower than the loss analysts expected. Additionally, Compaq said it will cut 6,000 to 8,000 jobs and close some facilities. A charge of $700 million to $900 million for those moves is expected in the third quarter. d. WMI- Waste Management, the nation's largest garbage hauler, today lowered its target for second quarter earnings and said its chief financial officer resigned. The company now expects second quarter earnings in the range of 58-60 cents a share, down from a prior projection of 67-70 cents a share. e. DRGI- Diversified Research group announced yesterday its 1998 audited financials reflecting a net income of $5,266,956 representing a 17 cent per share earnings. An important thing to note is that the stock had gained a whopping 130% yesterday and will be an interesting issue to keep an eye on. f. PAPO- Pangea Petroleum Corp through its wholly owned subsidiary Worldlink USA Inc. is an emerging leader in the area of Internet Broadcasting services. We at the WSP feel that Pangea is in an industry that is on the cutting edge of a technology growing at a rapid rate and has some nice upside potential.Keep an eye on this company as it continues to grow at a nice pace. g. GLX- Glaxo Wellcome said its 6 month pretax profits rose 7% to $2.1 billion, but warned it will not see double digit earnings growth as previously expected. h. MU- Micron Technology is spoken very highly of over at Paine Webber