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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: StocksMTTM who wrote (1447)1/29/1999 6:26:00 PM
From: Stock Watcher  Respond to of 52051
 
StocksM; on OMKT; it's arguably the premier internet e-commerce company. It's listed on ISDEX, the internet index on the Philly Exchange. Fortune 500 clients and telephone companies as clients; their product, "Transact" leads the way in sophisticated e-commerce solutions.

Please take a look at their site: openmarket.com

Very impressive company.....have a nice weekend....sw



To: StocksMTTM who wrote (1447)1/30/1999 12:07:00 AM
From: Trippi  Respond to of 52051
 
StocksMTTM -- Hey I'm in OMKT -- Its a great company will do well -- but there is a ton of hype surrounding it right now -- Goldman Sachs denied the $90 number today -- they said that price was "outrageous"
I don't remember the link where I saw that -- but I definitely saw it today -- I think SW or other here will vouch that I don't have a record of making stuff up -- coverage was initiated today by another house (sorry again -- don't remember who) with a target of $25 by end of year. Other sources (with a wide range of credibility) are now saying the company will be bought out on Monday -- at least one of these sources I consider very credible -- but its one of those I'll believe it when I see it things -- given all the hyping on this one right now -- I agree 100% with StockWatcher -- this is great company -- leading edge -- will do very well -- I think Monday could be a strange day -- If buyout rumors are true -- obviously it will roar -- The other scenario is demand simmers to a boil by the open on Monday has the buyout rumor gets hotter -- it gaps up and gathers momentum -- but boy would I hate to be holding if that happens and then there is no buyout -- I think we really need to watch this on Monday.

Trippi