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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (2434)	3/9/2001 2:38:08 PM
From: stockman_scott	Respond to of 52237

Pacific Growth Equities on the NTAP situation... Message 15475988 Best Regards, Scott

To: JRI who wrote (2434)	3/9/2001 3:17:38 PM
From: stockman_scott	Read Replies (2) \| Respond to of 52237

Top Market Timer says the NASDAQ should be over 5000 This Year... investorlinks.com Like a hot knife through butter, the NASDAQ should go through 5000 this year. That's what Don Wolanchuk says and he's one of Market Timer Digest's Top Market Timers, having won 17 annual timing awards since 1989. Some of his greatest timing calls were widely ignored by the investment community. Wolanchuk forecast the bull market rally following the 1987 crash and called for a DJIA above 10,000. When NASDAQ traded at 1800, he forecast a NASDAQ 5000. In 1999, at the bottom of the oil market, Wolanchuk called for $30/barrel oil. He was Market Timer of the Year in 1995, 1996, 1997 and 1999. _________________________________________ I would be shocked if he's right again but hey ya never know.....in this new world we live in anything's possible. Enjoy the weekend...=) Best Regards, Scott

To: JRI who wrote (2434)	3/9/2001 5:44:10 PM
From: stockman_scott	Respond to of 52237

Andreessen Aura Can't Help Loudcloud IPO Friday March 9, 4:49 pm Eastern Time By Emma-Kate Symons <<NEW YORK (Reuters) - Not even Netscape co-founder Marc Andreessen could save his latest Internet venture, Loudcloud Inc. (NasdaqNM:LDCL - news), from a lackluster Wall Street debut on Friday amid another slump in technology stocks. Shares of the online infrastructure services company -- the first Internet stock offering of 2001 -- rose only 2.6 percent above an already-reduced initial public offering price, to close at $6-5/32. Loudcloud shares opened on Nasdaq shortly before midday at $6-1/32, after pricing 25 million shares at $6 each late on Thursday, in a $150 million IPO managed by Goldman Sachs (NYSE:GS - news) and Morgan Stanley (NYSE:MWD - news). The shares rose as high as $6-9/16 before slipping back. The Sunnyvale, Calif.-based firm, whose software helps clients build and operate their online businesses, ended its opening day with a market value of around $450 million. Loudcloud originally hoped for a market value of $1.3 billion, according to a filing with securities regulators last October. ``It's not a surprise. I thought there was a lot of misplaced hope out there that this was going to come out and resurrect the industry and the IPO market,'' said Irv DeGraw, research director at online financial site WFNusa. ``This is the classical Internet company, the model has been discredited and this is not the kind of deal the market wants to see this year.'' WHAT A DIFFERENCE A YEAR MAKES Loudcloud chose an ominous day to go public. Technology stocks tumbled after chip giant Intel Corp. (NasdaqNM:INTC - news) succumbed to the U.S. economic slowdown and the Nasdaq fell more than 5 percent, to close at 2,054. A year ago the Composite Index (.IXIC) was heading for its all time March 10, 2000 closing high of 5048.62. The market was flooded with technology IPOs that regularly enjoyed gains of more than 100 percent on their first trading day. Shares of hand-held computer maker Palm Inc. (NasdaqNM:PALM - news), for example, made their debut at $38 on Nasdaq in early March 2000 and ended their first day at $95.06 -- a gain or more than 150 percent. Palm shares were trading close to their year-low Friday and closed at $19-5/8, down 3.7 percent for the day. ``Goldman Sachs and Morgan Stanley told us if we had done this last year, it would have been the hottest Internet IPO of the year,'' Loudcloud Chief Executive and former Netscape executive Ben Horowitz said on cable TV network CNBC. Horowitz added Loudcloud was still the hottest Internet IPO of 2001. The contrast between Loudcloud and the 1995 stock offering of Netscape Communications Corp., which gained 169 percent on its debut, could not more stark. Andreessen, now 29, founded the Web browser software company, whose high-profile share offering sparked a long line of highly successful Internet IPOs. The company was later acquired by American Online. ``The principal reason it (Loudcloud's IPO) got done was the presence of Mark Andreessen and (Hollywood super agent) Mike Ovitz on the board,'' said DeGraw. Loudcloud was formed in 1999 and had revenues of $6.5 million and losses of more than $100 million from February to October 2000. Loudcloud revised the terms of its IPO on Thursday from a sale of 20 million shares at $8 to $10 per share. Loudcloud initially planned to sell 10 million shares at $10 to $12 each, according to a filing with securities regulators last October. ``How do you attract investors when the premier companies on the Nasdaq are trading at 2-year lows -- you're fighting against a horrific storm,'' said Thomson Financial Securities Data analyst Richard Peterson. ``If this deal had been done in March 2000 as opposed to March 2001 the stock would be trading at a higher prices, but that world is gone, that is history and those times may not come back again.'' The Loudcloud IPO was co-managed by Epoch Partners and Thomas Weisel Partners.>>