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

To: BarbaraT who wrote (55891)	1/3/2000 10:14:00 PM
From: EtTuBrute	Respond to of 108040

BWEB: Like KNOT: Pound pound pound!! Short term target raised!: Online Daytraders.Com Weekend Update (January 2, 2000) BWEB--Well, BWEB didn't make Harmon's Top Ten list. BWEB closed up almost $2 near the high on Friday. Traders that bought exclusively in anticipation on BWEB making the list will most likely sell shares on Monday, which could of course create some downward pressure on the stock. However, we still consider the potential of BWEB over the next several weeks to be very compelling. As the CEO said, this company is the Fed Ex of the Internet. Any type of positive news should help lift the shares even further going forward, and we look for a continued ramp in the stock price going into earnings in later January. We are raising our 2-3 week target on BWEB from $50 to $55.