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

To: AlienTech who wrote (20883)	8/27/1999 6:33:00 PM
From: LastShadow	Read Replies (1) \| Respond to of 43080

WOWS and CMGI - both ends of ther price spectrum... WOWStores.com (WOWS) acquires Stockfirst.com stockfirst.com now, WOWS is a penny stock worth only about 19 cents a share, (and I have a few shares) but I am not sure what this will do to the stock price. Blood on the Internet Streets (CMGI) Special situations investor Jonathan Steinberg invokes the age-old investing adage: "buy when there is blood on the street." Today's carnage is in the Internet sector, he says, and one of his favorite blood-stained picks is CMGI (CMGI). Stock in the Internet investing firm has dropped 36% in the past month and is off more than 50% from its 52-week high. But Steinberg agrees with a number of analysts who say that CMGI's recent decline does not indicate problems with the company's fundamentals. Instead, they blame investors frightened by interest rate hikes and a soft IPO market. Management sees no sign of a slowdown. Navisite's IPO should take place in September as planned (CMGI owns the majority of the web hosting service), and Adsmart's advertising network chalked up a 4,000% gain in ad impressions over the past six months. Steinberg predicts that Navisite and Adsmart will "put a sparkle back into CMGI stock." Steinberg advises investors to fight the urge to follow the crowd. "In the case of CMGI, investors should realize that there is no fundamental change in the investment premise. CMGI still remains by far one of the savviest investors in the Internet sector," he says. "We believe that now is the time to step in." lastshadow

To: AlienTech who wrote (20883)	8/27/1999 6:39:00 PM
From: LastShadow	Read Replies (2) \| Respond to of 43080

Now here's something I have been waiting for! Presenting lobster-cam on the Web PORTLAND, Maine (AP) - A new Web site is launching lobsters into cyberspace. It's based inside a trap under the waters of Spruce Head, where a camera sends a new photo to an Internet site every two minutes, sometimes showing a caged crustacean poking its antennae around or climbing across the lens. The Web address is midcoast.com. The so-called Lobster Cam was set up by the University of Maine's Lobster Institute to help advance science while having a little fun in the process. The first graduate student who worked on the project ended up with a waterlogged camera. The pictures can only be seen during the day until a burnt-out light in the trap is fixed.