To: lizard lick who wrote (70710 ) 11/10/1999 2:07:00 PM From: Jenna Read Replies (1) | Respond to of 120523
<<< super gusher>> Stock # 12 EP 11/10 now up 18.18%... 62 1/2 now 76 1/4.. so who needs PHCM? at day high Message 11874969 Reprinted from this weeks's newsletter: CYSIVE Inc. CYSV 56 No reason that CYSV won't do as well as SCNT and VIAN.. SCNT looks well on its way to $300.Annual growth estimated at 600%. 10/15/99 - Software firm Cysive up after IPO NEW YORK, Oct 15 (Reuters) - Shares of software engineering firm Cysive Inc. (CYSV .O) doubled in price in their Wall Street debut Friday, shrugging off the sharp decline in the stock market. Cysive shares were up 18-1/2 at 35-1/2 on the Nasdaq stock market, although the technology-laden Nasdaq index (.IXIC) was down 57 points at 2,750 and the Dow industrials (.DJI) were off 170 points at 10,116. Cysive, based in Reston, Va., helps firms build highly customized systems supporting large-scale e-business. Companies offering complex technology for e-commerce have been hot commodities in the new-issues market. "These IPOs (initial public offerings) -- the hot ones -- are defying gravity when they come out," said John Fitzgibbon of RedHerring.com. He said of Cysive, "It"s an e-commerce software firm and it"s similar to recently-public Scient Corp. (SCNT .O) and RazorFish Inc. (RAZF .O)." Cysive raised $56.95 million after offering 3.35 million shares in its IPO -- a 30 percent stake in the firm. The shares prices at $17 each, above the expected range of $14-$16. The company posted revenues of $9.4 million for the six months ended June 30, and a net loss of $11.4 million. Cysive"s competitors includes Scient, Proxicom Inc. (PXCM .O) and Viant Inc. (VIAN .O), as well as information technology consulting service providers. (HLTH which triggered was called and was up 7 points in a short time) Healtheon HLTH 32 15/16 Much like IVIL, we will be looking only for Anticipatory Upswing. The stock is too new and the chart doesn't bode too well for a hold through earnings. Keep it in your database for a possible day or 2 day hold BEFORE the report comes out. NEWS: Earnings Corner ((((((((((((((( AMDOCS DOX 26 <<CHART of DOX was here) This has always been a good earnings play. It is trading above its 20 period MA and as you can see in August it had a nice upswing before finally succumbing to selling pressure. Earnings Corner