To: LastShadow who wrote (2268 ) 11/10/1998 3:48:00 PM From: Jay Lyons Respond to of 43080
I would like to ask if anyone finds a stock that is under substantial buying pressure, that is one that is on a steady price uptrend and accumulation, we would all really appreciate it if you post it. NEWZ This is topic #1 on Tim's thread. Up strong today on triple yesterday's volume. Want to see a gap? Check out NEWZ on 3/10/98. It did fall off some pretty tall poles in July and August though. Be aware of the dates on the following Briefing search...a lot of it not current. I don't have a posistion in this stock. Jay 10-Mar-98 13:00 -- 14:00 ET NEWSEDGE CORP (NEWZ) 12 15/16 +2 7/32.Shares of this recently-formed personalized news delivery company were started with a "buy" rating at BA Robertson Stephens. Also catching the eye of investors was the firm's extremely enticing 12-month price target of $20, which is 54% above the stock's current price. The news of the rating sent NEWZ shares roaring more than 3 points higher at the open, to an intraday high of $13.75. This company was formed in February through the merger of Desktop Data (a provider of real-time news) and Individual (a provider of personalized news). With the merger, NEWZ currently has approximately 950,000 business and individual users. "We believe the combined company has the critical mass to provide a competitive edge and build a profitable business based on a high level of recurring subscription revenues. Desktop Data has been consistently profitable," commented Roby Stephens analyst Keith Benjamin. Short Stories 21-Oct-98 AFTER THE CLOSE NewsEdge Corp. (NEWZ)5 7/8 +9/16: independent news integrator posts a Q3 loss of $0.05 a share, four cents narrower than the First Call estimate, vs year-ago loss of $0.14 a share; see press release..... 30-Jul-98 11:00 -- 12:00 ET NewsEDGE Corp. (NEWZ)7 -1 7/8: Volpe Brown downgrades provider of customized real-time news and information from "buy" to "neutral"..... 10-Mar-98 15:00 -- 16:00 ET NewsEDGE Corp. (NEWZ)13 1/4 +2 17/32: BA Robertson Stephens initiates coverage of provider of customized, real-time news and information to PC users with "buy"..... Upgrades/DowngradesDate Company Symbol Brokerage Firm Downgrade from: Downgrade to: 12-Oct-98 NewsEDGE Corp NEWZ BB Rbrtsn Stphns LT Attractive Mkt Perform Date Company Symbol Brokerage Firm Downgrade from: Downgrade to: 30-Jul-98 NewsEdge Corp NEWZ Volpe Brown Buy Neutral Date Company Symbol Brokerage Firm Initial Recomendation: 10-Mar-98 Newsedge Corp NEWZ BA Rbtsn Stphns Buy Jay