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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Northern Cougar who wrote (72738)	11/22/1999 11:15:00 AM
From: Jenna	Read Replies (1) \| Respond to of 120523

FATB triggers buy earnings out supposedly on Tuesday after the close. FATB was a runaway hit last quarter. Fatbrain attracting green matter Also: Direct investing, Globalstar and more By Jeff Clabaugh, CBS MarketWatch Last Update: 10:47 AM ET Nov 19, 1999 News Index Phat times for Fatbrain Today on CBS MarketWatch U.S. stocks set for muted open Nikkei hits two-year high Vodafone, Mannesmann tussle heats up Oil gains as Iraq shuns U.N. deal StockWatch: The search for wealthy theme More top stories... CBS MarketWatch Columns Updated: 11/22/99 9:04:14 AM ET Online bookseller Fatbrain.com (FATB: news, msgs) is among the tech stocks enjoying a recent run-up, and those gains may well continue. Individual Investor's director of online research Dave Sterman thinks the company is starting to attract a serious following on Wall Street. But why the big move up recently? Could be the fact that Fatbrain's been spending the last few days talking itself up to analysts. Could be investors are playing up the stock ahead of next week's earnings release. Whatever the cause, Sterman says shares of Fatbrain are poised to rise further from here. He calls the company's business model quite compelling. Its online bookstore, geared toward professional readers, has all the makings of a winner. And its new EMatter self-publishing initiative could be really big. The stock trades at a fairly low price to sales multiple, and the site predicts Fatbrain could bag big sales next year. Sterman says the stock may be in for some profit-taking over the next few days, but it should rise further as more institutions pour into the stock in the weeks to come.