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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Captain Jack who wrote (74466)12/22/1999 11:53:00 PM
From: Elwood P. Dowd  Respond to of 97611
 
WCBS 12/22/99 - 11:17:01 PM .....in the
right technology stocks all year and haven't
sold anything, but the question i'm being
asked lately is, "is it too late to jump on the
technology band wagon?" The answer is no.
But you've got to have the right stocks. For the past two weeks, i'm
emphasized the old-fashioned blue-chip technology stocks like microsoft,
intel and dell, and tonight i would like to add two more. Compaq computer,
27 3/8 down 1/8 today. I think this is a promising turn-around story. The
stock is down from 51 earlier this year and is nearing the completion of a
major restructuring. The balance sheet, while solid, should continue to
improve and expect new products in the early part of next year. The kicker,
here, is the fact that they own 18% of alta vista -- an internet search engine
company like yahoo which plans to go public soon. That could add $5 in
value to the stock right away.
Next is cybersource. It closed at 44 7/8,
down 5 1/4 today, and that's down from its high of 71 only 5 weeks ago.
This company is the premier outsourcing solution for online merchants.
They do payment processing and fraud detection. They are partners with
visa. 2% Of all visa's transactions are done on the internet but 50% of their
disputed charges are on the internet. That's a tremendous opportunity for
cybersource. These two stocks could be two of the big winners for the year
2000. I'm brian finnerty, and that's the word on the street. >>>Dana>>
astronauts from the space shuttle discovery made a repair call to the
hubble space telescope. .....

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