SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: kjs who wrote (10445)3/11/1999 9:19:00 PM
From: AlienTech  Read Replies (1) | Respond to of 43080
 
U.S. Equity Preview: Day Runner, Microsoft, North Face, Prodigy

New York, March 11 (Bloomberg) -- The following is a list of companies whose shares may move in U.S. markets Friday, March 12. U.S. Equity Preview includes news that broke after the markets closed. Thursday's closing prices are included. The stock symbol is in parentheses after the company name.

Day Runner Inc. (DAYR): The leading maker of paper-based personal organizers in North America and the U.K. warned that its loss for the third quarter ended March 31 would be 35 cents to 40 cents a share. The company was expected to lose 16 cents for the period, based on the average estimate of three analysts surveyed by First Call Corp. Day Runner fell 1/16 to 13 1/4.

DoubleClick Inc. (DCLK): The Internet advertising agency said its board approved a 2-for-1 stock split, payable April 2 for shareholders of record March 22. DoubleClick fell 4 11/16 to 106 7/16.

Microsoft Corp. (MSFT): The world's biggest software company said it expected to defer $400 million of revenue in the third quarter ending March 31 because of a delay in Office 2000, the next generation of the popular group of word-processing and spreadsheet software. Microsoft rose 1/16 to 161 7/16.

National Semiconductor Corp. (NSM): The maker of chips for cars, telephones and computers had a smaller-than-expected fiscal third-quarter loss, helped by sales of its chips for wireless- phone equipment. The company had a loss of 16 cents a share in the quarter ended Feb. 28. It was expected to lose 20 cents, the average estimate of analysts surveyed by First Call. National Semiconductor was unchanged at 10 11/16.

North Face Inc. (TNFI): The maker of outerwear and camping gear said it is likely the company will restate its results for 1997 and the first quarter of 1998 following a review of its accounting procedures. Trading in North Face shares was halted Thursday. It fell 1 to 13 on Wednesday.

Prodigy Communications Corp. (PRGY): The Internet service provider said its fourth-quarter loss narrowed as it cut marketing expenses by almost half and revenue rose slightly. Prodigy's fourth-quarter loss was 38 cents a share, compared with a loss of $2.14 a year earlier. Prodigy rose 1 7/8 to 40 3/4.

Safeskin Corp. (SFSK): The largest U.S. manufacturer of disposable latex examination gloves said its first-quarter earnings will be well below analysts' expectations because of lower sales. The company said it will have earnings of 1 cent to 2 cents a share. It was expected to earn 27 cents, the average estimate of analysts surveyed by First Call. Safeskin fell 2 3/4 to 15 1/4 before trading was halted.

Willamette Industries Inc. (WLL): The maker of paper bags said it will lower its depreciation costs, boosting profit this year by an expected $57 million, or 52 cents a share. Willamette fell 1/16 to 36 1/8.



To: kjs who wrote (10445)3/11/1999 11:02:00 PM
From: lizard lick  Read Replies (1) | Respond to of 43080
 
Vert -is showing that on march 8th hambrecht and also lehman issued buy ratings,,, friday march 5th vert was trading in the 50's, also in the 50's on monday, but within two days after the buy recommendations,, simple buy ratings, not strong buys, were listed ---the stock had doubled,,, Unbelievable isnt it, No! not with the fact that the float is miniscule and is shortable,, ECNS are mainly the claim to fame and the ones behind this kind of action . If one would ever say to me that daytraders are fleas on the back of the market i would respond that they are as a collective as powerful as the 100 yr old stuffy stiffs that occupy the towers of wall street,,, THis kind of appreciation in reality is ridiculous and would knock the eyebrows off of a Quaker,,,,,Daytraders are in a sense a key element to this phase of the bull market,, and man i mean KEY. I think that someone from lehman and hambrecht is sitting on a plush couch in a dimly lit private club tonight,, sipping on a cognac, chewing on a havana and smiling.

Wonder twin powers activaaaaaaaaaaaaaaaaaaaaaaaaateeeeeeeeeee!!!!



To: kjs who wrote (10445)3/12/1999 6:43:00 PM
From: Susan Saline  Read Replies (3) | Respond to of 43080
 
To: +kjs (9919 )
From: +kjs
Thursday, Mar 11 1999 9:18PM ET
Reply # of 10526
>>>they say underwriters can only issue reports on recent ipo's after 25 days. looking at the 5 day charts of the companies they mention (hlth prgy vert onxs srna), they all have a nice surge in price if one had been holding a little bit before the 25th day.

>>>hlth+prgy+vert+onxs+srna&d=5d

>>>Any thoughts on using this as a sort of strategy for recent ipo's?

I am sorry to respond late .... but I wanted to get back to you on this.

I noticed this about the time INSP IPO'ed ... and have been following ipo's ever since.

This does happen often ... but it seems most profitable with the net stocks of late.

That is one of the reasons I have been so bullish on PRGY

Many ipo's have done very well one month after open

FOX is another to look at .... same thing

I think it best to follow several IPO's and show patience before entering too soon.

so the answer to your question is a definate YES ... watching and playing the ipo's ... after the "quiet period" can be very profitable.

news and new broker coverage comes out soon thereafter

If anyone follows any IPO's in particular ... that are not at 1 month old yet ... maybe they could mention them to the thread and we could all look for a play.

sue