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

To: Kimberly Lee who wrote (14106)	8/19/1999 9:58:00 AM
From: Teri Garner	Read Replies (1) \| Respond to of 108040

DITC (Ditech Communcations) + 2 1/4, reports after bell: Briefing.com on DITC (Ditech Communications): Trader's Edge - Ditech Communications Ditech Communications Corp. (DITC) 27 1/4 is a developer of equipment used in building and expanding telecommunications and cable communications networks. The company's products fall into two categories: echo cancellation equipment and equipment that enables and facilitates communications over fiber optic networks. DITC shares have risen 148% since June 9 initial public offering priced at $11 per share. Trading Points: Ditech's principal customers are competitive local exchange carriers, satellite, cellular and cable communications service providers. The company's largest client is Qwest/LCI. Like majority of recent IPOs from the Internet "backbone" space, Ditech trading at/near 52-week high. In DITC's case, issue finished Tuesday's session 5/8 of a point above its all-time high. The shares were picked up by traders in late-June during initial theme rally in Internet "backbone" stocks, but failed to receive level of notoriety garnered by now popular names Redback Networks (RBAK), Juniper Networks (JNPR) and F5 Networks (FFIV). Nonetheless, DITC managed to spurt 85% over the course of about a week. Ditech due to release quarterly results Thursday after the close. As you may remember, blow-out numbers posted by Copper Mountain (CMTN) and Brocade Communications (BRCD) put both companies on the map. CMTN shares rallied 17 points the day after its results were released. BRCD has tacked on 35 points since release of its quarterly results this past Thursday. Like these companies, Ditech expected to post a profit. For the period, analysts expecting earnings of $0.04 a share. Given this will be Ditech's first report as a publicly traded company, analysts likely to have kept the bar low. As a result, would expect company to exceed estimates by at least 50%. Should market recognize issue as a Internet "backbone" stock, likely to see post-earnings rally. Although daily turnover has picked up over the past several sessions, should be noted that Ditech trades on relatively thin volume. Today, turnover was 161,000 shares. The bid/ask spread has a tendency to open up to one point or more, so limit orders advised when trading the stock. The stock has a float of 3 million shares.

To: Kimberly Lee who wrote (14106)	8/19/1999 10:07:00 AM
From: Tassi	Respond to of 108040

Beam Look little strong today..It could be a buy if it hold at this level Thanks

To: Kimberly Lee who wrote (14106)	8/19/1999 10:12:00 AM
From: Jim B	Respond to of 108040

NVXE selling off hard this morning... now asking .39 down from .59 high and mid .70 range yesterday... bounce plays have been hard to come by lately... anyone think this one might bounce? I just got some .. what the heck jim