To: Janice Shell who wrote (89208 ) 1/10/2005 10:10:32 AM From: StockDung Respond to of 122087 ANOTHER GAYLE ESSARY INVESTREND BLEEDER. CURRENTLY AT 35 CENTS. Investrend Announces Investment Opinion on Stockgroup.com Holdings: Investrend Research Maintains Speculative Buy Rating on Stockgroup.com Holdings Business Wire, Nov 8, 2000 NOTE TO EDITORS: The following is an investment opinion issued by Investrend NEW YORK--(BUSINESS WIRE)--Nov. 8, 2000 A Quarterly Update Report on Stockgroup.com Holdings (SWEB.OB) by Investrend Analyst Sherry Grisewood, CFA was released today for Investrend Research's Public Analysis & Review (PAR). Ms. Grisewood maintained her Speculative BUY rating with a lowered target price for SWEB of $7 versus its recent closing price of $1.03. Ms. Grisewood noted: We are maintaining our Speculative Buy rating on Stockgroup Holdings.com. The company has made substantial progress in building multiple revenue streams and now possesses the most diverse revenue model of its peers. Since our last update, the Company has begun to transition its business from a financial news services and content provider to a B2B financial applications provider (ASP). The Company has deployed infrastructure, in line with its stated business plan, expanded geographically into Asia and introduced new B2B financial toolsets, products and services. While the Company successfully achieved these important steps, investors have all but totally ignored Stockgroup shares. Along with the group, they have continued to decline since our April 17th update with the average decline for members of this group at 80%+ since April 17th and 74% on a 52 week basis. Investor appetite for small cap stocks has cooled significantly. Our new target reflects these market conditions as well as the overhang from an April 2000 private placement, which has driven the Stockgroup shares to year lows. It will take time to rebuild the stock from a technical perspective, as there is now strong resistance in the $3-3.50 area, as well as for investors to again feel comfortable with the viability of revenue models for many dot coms. As a result, positive accomplishments at Stockgroup may not be immediately rewarded by the market. Our new target attempts to take into account these factors. Ms. Grisewood has had extensive experience as a sell side analyst, primarily in small cap stocks, and has worked for such firms as DLJ, and EF Hutton. She has over 15 yrs experience as an independent special situations and small cap analyst, and in addition she has been writing cash & futures market commentary since 1982. In addition, she has performed extensive analysis for investment banking projects and currently has her own practice working on securities analysis. Ms. Grisewood holds a BS degree with Highest Honors from Ramapo College of NJ and is a member of The New York Society of Security Analysts. Public Analysis & Review (PAR) is a program of Investrend Research. Anyone, including a company, may enroll a company for annual analyst coverage. PAR reports are performed on behalf of the members of the Institute, and are not a service to any company. PAR analysts are responsible only to the public. PAR analysts are paid in advance to eliminate pecuniary interests and insure independence. PAR enrollment fees are $19,700 per annum. Investrend Research is a division of Investrend Communications, Inc. Please read disclaimers on our website (www.investrend.com) before investing. COPYRIGHT 2000 Business Wire COPYRIGHT 2000 Gale Group Furl it Print Send Link Subscribe