To: IQBAL LATIF who wrote (31779 ) 6/8/2000 10:30:00 AM From: IQBAL LATIF Respond to of 50167
Why I like ENE.. it is for this.. I rely only on very professional opinion like Jag notes, investools, cobot John Feisel, street investor... on individual equities I rest my judgement mostly on recommendations I get from these sources, this one was good today.. from Cobot.. <<Enron (ENE) has been unusually volatile of late. In just the past two weeks, the stock has sunk from 77 down to 66, rebounded to 73, dropped back to 66 and then jumped back above 71 yesterday. While these movements can be confusing to watch on a daily basis, rest assured that ENE still resides in a solid uptrend. And rest assured that EnronOnline, the company's online trading platform, is quickly becoming the largest Internet marketplace in the world. Just last week, EnronOnline announced that since it went live in November 1999, it has conducted 130,000 transactions worth $50 billion. Recently, the transactional value has been around $1.5 billion per day. We expect Enron to be a renowned Internet blue chip before too long. But the stock will likely have a great advance before that perception becomes widespread. BUY. >> Yesterday I worte about MSFT that it would be buy the news as it was sell the rumor, now we saw that happening I would htink that lot of houses are upgrading the stock and I have also read meaningful dialogue invitation to MSFT, I doubt that Justice would get a fast track to Supreme court they will most probably as I have read send it back to review by an appeals court where it would linger for years, in the mean time as I highlighted yesterday from a report the IE issue is already dead and sunw and Orcl competition would make MSFT a different kind of company, in tech where things are changing so fast it would be wrong to assume that this case in 3 years would have same relevence to the software industry or particularly MSFT.. I think MSFT looks good. I was happy to see that my oft repeated statement that IBm is the most understated company on internet business came true yesterday, it is IBM chief who talked about it a long time back but yesterday double digit growth report was good, with IBm MSFT CSCO and INTC now coming into drivers seat and IIX DOT up above 25 days MA and staying up we can see some glimmer of hope to move up from here to our 4200 level..