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Technology Stocks : ISCO-Illinois Superconductor -- Ignore unavailable to you. Want to Upgrade?

To: Ram Seetharaman who wrote (410)	2/28/2000 9:16:00 PM
From: Ram Seetharaman	Respond to of 524

Conducting massive profits Investors rack up the gains in superconductor stocks By Shawn Langlois, CBS MarketWatch Last Update: 5:20 PM ET Feb 28, 2000 NewsWatch Your thoughts Could the newfound superconductor buzz get any louder? Companies positioned to capitalize on the growth of the wireless world are all the rage lately. More specifically, superconductor stocks, with their eye-popping gains have taken center stage on the Street, and Monday's buy-fest only fueled the enthusiasm. But are these scorching stock rockets getting a little ahead of themselves? Not in the least! According to investors on the message boards, all this hubbub is just the snowflake before the snowball. The major players -- Superconductor Technologies (SCON: news, msgs), Conductus, Inc. (CDTS: news, msgs) and Illinois Superconductor -- have all enjoyed obscene gains this year and more folks are stepping up to take notice. The few, the proud, actually hitched their wagon to this sector before the masses caught wind, and these risk-takers have been racking up some gaudy returns. On Raging Bull, thanks to posts like this way back in December 1999, JoeyStockMarket was getting some serious cyber-recognition for his prescient stock picking: "I have a 'pound the table, strong, JSM buy' for all of you, your friends, and family ... I am very excited about my recent investment in Illinois Superconductor (ISCO: news, msgs) This is like buying a company for pennies before they go public. We all know that the wireless Internet is the future, and Japan is introducing this 3rd generation wireless, where the internet merges voice, data and streaming video. I wouldn't be surprised if by January and February, when Japan orders these filters, if we're around $10." Today on CBS MarketWatch Role reversal on Wall Street Flashes from the Robertson Stephens tech conference Citigroup co-chief John Reed will retire EBay denies interest in Sotheby's 3Com's Palm is marquee IPO of the week More top stories... CBS MarketWatch Columns Updated: 02/28/2000 2:23:00 PM ET That little nugget surfaced when the stock was trading a notch below 40 cents a share -- you can bet that ol' Joey was grinning ear to ear when ISCO nudged past $34 early in Monday's trading session. But he wasn't the only one enjoying the moment -- Shiner25 was right there with him: "SCON, CDTS, and ISCO are the players and although it is amazing what they've done, we are just at the beginning -- the technology these guys are implementing will help the 'wireless revolution' occur and we will be rewarded handsomely for it." Any incomprehensible pop is bound to bring out the short sellers, and there were party-poopers aplenty on Yahoo. JJ2000 couldn't believe his eyes when he took a gander at SCON's meteoric rise: "Way, way overvalued! A good indication of pump and dump. Now the pump part is very well done, and it's now the job of the dump part." Well, JoeyStockMarket and the gang weren't about to listen to a few naysayers -- if they were prone to buying into the pessimism, they never would have held the stock to this point. But the question remains: Can these high-flying stocks keep up the frenetic pace? As is usually the case, surfing the boards is bound to give you the answer you want to hear -- be it bullish or bearish.

To: Ram Seetharaman who wrote (410)	2/28/2000 9:49:00 PM
From: mrbuy	Respond to of 524

I agree with you Wafa, I will be keeping my ISCO stocks for a very long time to come. The SEC filing is really no big deal as there are lots of options the company can take and we are just at the beginning of this money train. There is too much momentum to want to go short at this point in time. Just wait until ISCO files for a listing on the nasdaq or amex and then you will really see a pop in this stock.

To: Ram Seetharaman who wrote (410)	2/28/2000 9:52:00 PM
From: buckhead26	Read Replies (5) \| Respond to of 524

Question for those who know - I have a position in SCON bought at 10. Small position but pleased with the results. Sold a little today to recoup my initial purchase. Bought some CDTS Thursday. Looking at ISCO, I see it is a BB stock. Never traded a BB stock. Here are my questions 1) Can these be bought and sold online through a broker. They are a step above 'pink sheet' stocks, right? I use Waterhouse and Datek. Stock quotes at Datek show 15/16 and 500 shares, makes no sense. They show zero activity on their streamer. Waterhouse shows stock as N/A. Etrade shows the correct value and traded quantity. 2) Margin is ruled out for BB stocks, right? Appreciate any insight regarding BB stocks. I know they are riskier than Nasdaq SC and NM stocks and why I have avoided but I would only consider using a small amount of my stock cash to purchase, although I think I am too late for the run on ISCO. I also was leery of the conversion terms on the loans, thanks for the clarifications. They should have set a threshold test for conversion in the loan terms - say convert at 50% of the share price on conversion date, but minimum of 25 cents or something. Not just a flat out quarter per share. Boy they must have been hardup for a dime at the time. What a change. Thanks Buck