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Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?

To: puborectalis who wrote (340)	2/1/1999 12:02:00 AM
From: Mark[ox5]	Respond to of 779

News event stocks for the upcoming week: NAVR - IPO announcement should come this week, options start tradinG Friday. Support right now is around $16.25. Place buy orders there. Major support at $15. Downside risk: No IPO announcement before 2/9 and then we have trouble. TBFC - Earnings Wednesday after the bell, last Q was their first profitable one (at .01) estimate this Q is .06. 3 analysts cover it. More important than earnings will be both the revenue and customer growth numbers. Also, the fact that they are a profitable "net company" should make it interesting. Volume will play a big role in this one.. it is still undiscovered (much like ABOV) so without volume it will tread water. Support here is around $38, with stronger support in the $35 range so those are your buy points. (thanks steve for bringing this one to the thread, the more i read the more I like the mid/long term potential on this one) Found this interesting press release from them on their news portion of Yahoo... Tuesday January 5, 9:09 am Eastern Time Company Press Release TeleBank Becomes First Nationwide Branchless Bank in the Top 50 Federal Savings Banks Asset Growth Propels Oldest and Largest Branchless Bank ARLINGTON, Va.--(BUSINESS WIRE)--Jan. 5, 1999--TeleBank (http://www.telebankonline.com), a leader in the nationwide delivery of high-value financial service products by Internet and telephone, crossed the threshold of $2 billion in assets, to become the first nationwide branchless bank to be ranked among the top 50 U.S. federally chartered savings banks.

To: puborectalis who wrote (340)	2/1/1999 12:10:00 AM
From: Mark[ox5]	Respond to of 779

News event stocks (continued) PRFM - mentioned this one Friday, however for those who are at work and can't watch it closely I would NOT recommend you jump in. Currently it's around $11, this could be a $9 or $29 stock by Tuesday. Depends on how much the hype and PR machine gets rolling on it. It's also on some shorters list, and in fact may become a good short by 2nd half of week. Higher risk here DCTI - Once again high risk; rumors of press release this week about their Netclearing division. (see synopsis at bottom of post). Looking at the chart and volume it moved almost 20% Friday, however still below 20 and 50 day moving averages. It must break these with volume to be considered a buy. If considering it place a buy stop at $6 3/4. Roughtly 7M float, and if its a web based press release this could hit $10 quickly if daytraders take to it. Like I said risky, might take a stab if it goes to $6 3/4-$7 on volume. AMZN - Don't like the chart, however... just saw it will be on 60 Minutes 2 (Wednesday night), and I remember when SUNW was on 60 minutes and the stock has been on a tear for 3 weeks. So might consider CALLs on this one. AMZN must clear $124 with strength to buy... downside is in lower $100 levels... if it drops to $105 or so tommorow in a bad market Im a buyer of CALLs for a few day play. If it rises past $125 in a good market I am also a buyer of CALLs. I know it might not make sense, but ... :) it works. (usually) ********* (SEE BELOW FOR INFO ON DCTI'S PRODUCT) DCTI's netClearing division. Digital Courier becomes one of the first companies to provide online businesses with a suite of Internet-based payment processing products with built-in direct connections to the Visa, MasterCard, American Express, and Discover payments networks. netClearing currently provides the payment processing transaction engine for Digital Courier's sites and is expanding. Over the next few weeks they will be rolling out this product. Similar to ECHO but more robust and with a stronger business model.