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Technology Stocks : Banyan (BNYN $8.75) as an internet play -- Ignore unavailable to you. Want to Upgrade?


To: Steven White who wrote (737)3/18/1999 8:08:00 AM
From: Paul Dubsky  Read Replies (1) | Respond to of 1006
 
INTERNET FUND
Everyone is saying that the briefing.com announcement did it, I say it's the addition to the Internet Fund, as news was widely disseminated later in the day. If you look at just about every other stock in the fund, CMGI, AOL, Excite, etc.., their stock valuations are incredible. Really, BNYN is the only InternetFund stock that is completely undervalued relative to its peers and the industry.

Couple this with potential news of IPO or other blockbuster announcement, you got some good days ahead.

I'd place any stop limits lower than only $.50 or even $1 from the current price given how these stocks can move so significantly intraday as MM lowering it to get the "cheap seats".