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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (32245)8/15/2000 11:54:04 PM
From: Stuart T  Read Replies (1) | Respond to of 57584
 
I wish I had a ton of CORL. This news will cause the stock to come back to life!



To: Rande Is who wrote (32245)8/16/2000 12:16:22 AM
From: KevinThompson  Respond to of 57584
 
Heads up on NYSE decimalization status. Just received from DLJ.

FYI...

KT
-------------------------------------------

Dear Investor,

The securities industry's move to decimalized trading will begin soon. This means that stocks will trade in cents rather than fractions. For example, a stock that now trades at $32 1/2 will trade at $32.50. The industry is developing a plan to slowly phase in the change, ensuring an orderly transition from fractions to decimals. According to the plan, on August 28, 2000, a pilot group of 13 listed stocks and 3 related options will switch to decimals. On September 25, 2000, the pilot program is anticipated to expand to 50 NYSE securities. Additional securities, including Nasdaq-listed stocks, will be converted in early 2001. The SEC has ordered that trading should be fully decimalized by April 2001.

You do not need to do anything to prepare for decimalization. Securities participating in the pilot program will be quoted, traded, and displayed on your trade confirmations and statements in decimal format (one-cent).

On August 28, 2000, the pilot group of 13 stocks and options that will begin trading in one-cent increments will be as follows:

Anadarko Petroleum Corp. (APC)
Forest City Enterprises Inc. Class A (FCE A)
Forest City Enterprises Inc. Class B (FCE B)
FedEx Corporation (FDX)
Gateway Inc. (GTW)
Hughes Supply Inc. (HUG)
MSC.Software Corporation (MNS)
Regal Beloit Corporation (RBC)
Psychemedics Corporation (PMD)
Global Light Telecommunications Inc. (GBT)
ON2.com Inc. (ONT)
eMagin Corporation (EMA)
Media General Inc. (MEG.A)

Options for FedEx, Gateway Inc., and Anadarko Petroleum Corp. will also be included in the pilot program. Note: for options, premiums for the pilot securities equal to or greater than $3 will be priced in ten-cent increments; premiums less than $3 will priced in five cent increments.

Open orders for fractional securities changing to the decimal format will be converted on August 26, between 1:00 a.m. - 6:00 a.m., ET. During this maintenance period, you will not be able to place a trade or view your order status online. This will affect open orders for pilot securities left on the order book after the August 25 market close or new orders for these securities received in a fractional increment between 4:00 p.m., ET, August 25 and 1:00 a.m., ET, August 26. All orders for the pilot securities placed after 6:00 a.m., ET. on August 26 will require order entry in decimal format.

For more information about the open order conversion process or decimalization, please contact us.

Sincerely,

Barry Mione
Director of Investor Services
DLJdirect Inc.
Member NASD, SIPC



To: Rande Is who wrote (32245)8/16/2000 2:24:10 AM
From: American Spirit  Read Replies (2) | Respond to of 57584
 
BUY LOR. read the 2nd q report today and looked fine. stock is very-very beaten down, worse off than Globalstar. LOR's loans are non-recourse. orders and backlog up 50%. huge satellite fleet worldwide. 500 mill cash in the bank. market cap around 2 bill. their satellites alone are worth twice that. and they're a big future-looking wireless-internet play. only downside they're still losing 100 mill a quarter but that was expected. when the sentiment turns this baby will triple. someday fairly soon they'll be making huge profits. in 2-3 years a quintuple or even ten-bagger from here. shorter-term 50% easy. 25% even easier.

Other true bargains:

ADIC - 200 mkill cash 25% gtrowth and 750 mill market cap. 200 K shares short. storage business and very serious about it.

ESHR, down to 77 mill market cap. 20 mill in the bank. is their entire company really worth only 57 mill? stock is down from 25 to 3 1/2. no one has been buying. when that changes...

IFMX - 1.2 bill market cap, re-structuring and cutting costs, 300 mill cash in the bank. entire company valued at 900 mill. ridiculous for a well-known respected name like IFMX.

UIS - PE 8, announcing lots of new deals, 2md half growth ought to be much better, back down to close to 11 which ought to be the bottom for the rest of time. does 65% of buz overseas where it's a bigger name. large gov contracts.

All of the above takeover targets and easily capable of doubling before new years.

LU has started its turnaround. a $100 stock by next year.

VZ will pop big once strike is settled, and it will be settled soon. an $80 stock by next year.

T a no-brainer

NOVL a no-brainer whatever is happening with IBM, or not.
Easy double within 6 months

Big Telcos - all longterm buys. Nobody's going to stop calling. nice safe gainers from here

IBM - the next big leaders still undervalued. will challenge $200 within a year and split then

CPWR at PE 10 - hasn't moved yet from bottom. dog of dogs. any recovery means big spikes.

Staying away from high-fliers ORCL, drugs, bio-tech, retail, oil, most financials, pure internet unless beaten down to cash value, handset makers (for now) and entertainment (high-priced mostly). What's left? Unless you like real estate or utilities I'd say the beaten-down tech dogs like the ojnes above. I frankly see no downside at all other than little dips as we seesaw for awhile. Then 50% minimum gainers by year's end. What's wrong with that?

The good news is Gore's probably going to take it afterall so the market will rally bigtime, except drugs, defence and oil. Gore keeps inflation low, GOP lets the foxes into the hen house. Bush win would kill the market. as soon as huge tax-cuts are doled out our country's living off its credit cards again. but it won't happen. not IMHO.