Bloomberg 100 lists SeaChange
> Qualcomm Tops Bloomberg 100 List of Hot US Stocks for 1999
>
> New York, Jan. 14 (Bloomberg) -- Qualcomm. If you had said that to your
> broker on Jan. 1, 1999, you'd be a lot richer now. This wireless
> company --
> with technology that's become the new phone carrier standard -- soared 2,619
> percent, carrying its stock price from a split-adjusted $6.48 at the
> start of
> the year to $176.13 at its close. It was No. 1 in Bloomberg's Top 100
> Performers, the leaders in total return-price appreciation plus reinvested
> dividends, if any. Qualcomm is, in many ways, typical of 1999's superheated
> market. Like Qualcomm, 91 other stocks on the Top 100 were traded on Nasdaq.
> (Five were on the New York Stock Exchange, and three were on the
> American Stock
> Exchange.) But the Top 100 make the Nasdaq's record-setting year look
> tepid. The Nasdaq Composite Index was up only 85.6 percent, after all,
> while the
> average stock in the Bloomberg Top 100 soared 654 percent. Qualcomm's
> sector, the telecom industry, produced 27 of the 100 winners. Software, which
> had many of the hot Internet issues, was second with 19; computers was third
> with 13; semiconductors was fourth with 10; and biotech and electronics shared
> fifth place, with five companies each. ``The key to survival in
> 1999 was to
> stay on the sunny side of technology and bask in the anticipated glow of the
> Internet,' says John Manley, equity strategist at Salomon Smith Barney.
> Big Market Caps Few among the 100 were lightweights. Only 28 had market
> caps of less than $1 billion at the end of the year. Six, including Qualcomm,
> which tipped the scales at $116 billion, had market caps of greater than $20
> billion. A majority of the Top 100 (62 percent) had positive
> earnings over
> the four previous quarters, refuting the conventional wisdom that only
> money-losing dot-com companies surged last year. However, the Bloomberg
> 100 did
> have sky-high price-earnings ratios, averaging over 170 percent.
>
> Unfortunately, all of this tells us nothing about what these 100 stocks
> will do
> in the coming year. Given how frothy the current market is, there's
> likely to be
> a group rotation as well as individual crash-and-burns. Take three
> of the
> top 10 performers from 1995's list: Republic Industries, Chantal Pharmaceutical
> Corp., and that year's number one Internet stock, PC Quote. Better yet,
> be glad
> if you didn't take them. Wayne Huizenga's Republic morphed into
> AutoNation and
> fell 78 percent since its high in January 1997. Chantal went from $27.25 to
> four-tenths of a penny since the end of 1995. PC Quote, once a $21 darling,
> plunged to 75 cents in 1998 before renaming itself HyperFeed
> Technologies. It
> ended 1999 at $4.63.
>
> The following is the Bloomberg 100 for 1999:
>
> IBES L-T Ticker Company Name 1999 Closing (millions of Growth
> Return Price dollars) Estimate (%) ($)
> (%) QCOM Qualcomm 2,619 176.13 116,213 35 BVSN
> BroadVision 1,494 170.06 13,200 50 MCOM Metricom
> 1,416
> 78.63 1,728 N/A ORTL Ortel Corp. 1,271 120.00 1,494
> 20 OMPT Omnipoint Corp. 1,195 120.63 6,506 32.5 VRSN VeriSign
> 1,192 190.94 19,573 50 GBIX Globix Corp. 1,100 60.00
> 1,007
> 100 BEAS BEA Systems 1,042 69.94 11,067 45 OCLI Optical
> Coating 1,039 296.00 4,191 27.5 Laboratory
> IBES L-T Ticker Company Name 1999 Closing (millions of Growth
> Return Price dollars) Estimate (%) ($)
> (%) DCLK DoubleClick 1,037 253.06 14,095 70 EMLX Emulex
> Corp. 1,025 112.50 3,981 27.5 INSP InfoSpace.com 1,023
> 214.00 10,314 50 EXDS Exodus 1,006 88.81 15,138
> 60 Communications SDLI SDL 1,000 218.00 7,710
> 40 CLRS Clarus Corp. 1,000 66.00 741 35 LWIN Leap
> Wireless 983 78.50 1,447 25 International CMGI
> CMGI
> 940 276.88 34,048 45 AERL Aerial 936 60.88
> 5,767
> 30 Communications MRVC MRV 916 62.88 1,707
> N/A Communications HLIT Harmonic 913 94.94 2,877
> 35 CRGN CuraGen Corp. 888 69.75 1,108 N/A GNET Go2Net
> 884 87.00 2,639 60
> IBES L-T Ticker Company Name 1999 Closing (millions of Growth
> Return Price dollars) Estimate (%) ($)
> (%) XTND Extended 834 47.88 442 N/A Systems
> JDSU JDS Uniphase 830 161.31 56,046 42.5 Corp. MUSE
> Micromuse 772 170.00 2,772 50 TQNT TriQuint
> 767
> 111.25 2,058 30 Semiconductor
>
> SEAC SeaChange 766 35.38 740 25
>
> RCCC Rural Cellular 762 90.50 819 25 Corp. TTN
> Titan Corp. 760 47.31 2,144 32 ITVU InterVU
> 724
> 105.00 1,587 N/A ABGX Abgenix 715 132.50 1,998
> N/A VVTV ValueVision 715 57.31 2,142 20
> International
> IBES L-T
> Ticker Company Name 1999 Closing (millions of Growth
> Return Price dollars) Estimate (%) ($)
> (%) NTPA Netopia 697 54.31 882 30 CNXT Conexant
> 693 66.38 13,056 25 Systems ADAP Adaptive 687
> 73.81 1,186 20 Broadband Corp. KIDE 4Kids
> 664
> 28.00 325 N/A Entertainment ALGX Allegiance 661
> 92.25 5,989 70 Telecom SAWS Sawtek 661 66.56
> 2,812 25 PHTN Photon Dynamics 656 38.75 303
> 30 AMCC
> Applied Micro 649 127.25 6,865 45 Circuits Corp. PTEL
> Powertel 640 100.38 2,991 27.5 UCOMA
> UnitedGlobalCom 634
> 70.63 5,157 N/A MGCX MGC 625 50.75 1,163
> N/A Communications IQIQ viaLink Co. 619 36.34 319
> N/A IBES L-T Ticker
> Company Name 1999 Closing (millions of Growth
> Return Price dollars) Estimate (%) ($)
> (%) VRTS Veritas 616 143.13 37,094 50 Software
> Corp. AFFX Affymetrix 596 169.69 4,398 37 SNDK SanDisk
> Corp. 581 96.25 2,936 27.5 DTPI Diamond 574
> 85.94 1,780 35 Technology Partners RNWK RealNetworks
> 571 120.31 8,952 50 MSTR MicroStrategy 557 210.00
> 8,098
> 50 PWER Power-One 555 45.81 1,013 20 NMSS Natural
> 543 46.81 524 26.3 MicroSystems Corp.
> ITWO i2
> Technologies 542 195.00 15,000 40 UNFY Unify Corp. 535
> 27.38 498 N/A SILI Siliconix 534 131.50 1,310
> N/A LRCX Lam Research 526 111.56 4,400 20 Corp.
> IBES L-T Ticker Company Name 1999 Closing (millions of Growth
> Return Price dollars) Estimate (%) ($)
> (%) TRAC Track Data 509 10.18 639 N/A Corp.
> ADIC Advanced 508 48.63 1225 25 Digital
> Information Corp. CYCL Centennial 506 82.88 2,586
> N/A Cellular Corp. NOPT NorthEast Optic 503 62.56 1,019
> 35 Network WCAP Winfield 494 37.50 201 N/A
> Capital Corp. SFE Safeguard 494 163.00 5,677 16
> Scientifics RFMD RF Micro 490 68.44 5,432 47.5
> Devices IBES L-T Ticker
> Company Name 1999 Closing (millions of Growth
> Return Price dollars) Estimate (%) ($)
> (%) NXLK Nextlink 485 83.06 11,054 40
> Communications CCBL C-Cor.net Corp. 457 76.62 1,140
> 22.5 ZOMX
> Zomax 457 45.25 690 25 RADS Radiant
> Systems 445
> 40.19 668 30 CLFY Clarify 416 126.00 2,988
> 50 SONE S1 Corp. 412 78.13 3,715 50 VOX Audiovox
> Corp. 410 30.25 602 30 PMCS PMC - Sierra 408 160.31
> 10,910 40 CPN Calpine Corp. 407 64.00 4,025
> 30 LTBG
> Lightbridge 405 27.75 457 22.5 ETEK E-Tek
> Dynamics 403
> 134.63 9,073 30 SAPE Sapient Corp. 403 140.94 8,060
> 45 GMST Gemstar 398 71.25 14,300 35
> International Group VSAT ViaSat 396 49.88 405
> 22.5 IBES L-T Ticker
> Company Name 1999 Closing (millions of Growth
> Return Price dollars) Estimate (%) ($)
> (%) JWG JWGenesis 395 29.38 175 N/A Financial
> Corp. SEBL Siebel Systems 395 84.00 15,881 45 WWCA Western
> 391 66.75 5,144 27.5 Wireless Corp. QLGC QLogic Corp.
> 389 159.88 5,843 30 XCED Xceed 388 41.50
> 758
> 33 CPRK CapRock 385 32.44 1,077 N/A
> Communications Corp. NYF Nyfix 373 28.38 447
> N/A MLNM Millennium 372 122.00 5,416 N/A
> Pharmaceuticals IBIS Ibis Technology 370 49.63 403 50
> Corp. CMOS Credence 368 86.50 1,879 25 Systems
> Corp. IBES L-T Ticker
> Company Name 1999 Closing (millions of Growth
> Return Price dollars) Estimate (%) ($)
> (%) CPTL CTC 366 39.02 568 N/A
> Communications Group FWRD Forward Air 363 43.38 598
> 22.5 Corp. MYGN Myriad Genetics 360 46.00 465 N/A
> LENS Concord Camera 355 22.75 266 30 Corp. VARL
> Vari-L Co. 353 34.25 199 25 BRCM Broadcom Corp.
> 351
> 272.38 28,366 50 MDEA Media 100 350 26.44 222
> 20 VICR Vicor Corp. 350 40.50 1,670 40 ITN Intertan
> 350 26.13 523 20 CKFR CheckFree 347 104.50
> 5,456
> 45 Holdings Corp. DSPG DSP Group 346 93.00 1,158
> 21 ENZ Enzo Biochem 346 46.00 1,155 N/A
>
> Jan/14/2000 17:48
>
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