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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] -- Ignore unavailable to you. Want to Upgrade?

To: Charliss who wrote (12391)	3/19/1999 2:30:00 PM
From: ChrisJP	Respond to of 15094

I know this isn't anyone consolation to us HDIE longs, but take a look at NETA. One analyst downgrades from strong buy to buy and WHAM ! NETA which was around 50 just a few days ago is now at 28. SDTI gets caught in the sympathy downdraft and loses a point today. Don'tcha just love the stock market ??? Chris

To: Charliss who wrote (12391)	3/19/1999 3:49:00 PM
From: Captain Jack	Respond to of 15094

HIE could be in the quiet period also,,, same situation??? March 19, 1999 15:37 New Era shrs tumble, company denies losing client By Daniel Bases NEW YORK, March 19 (Reuters) - New Era of Networks Inc. , a maker of software used to shuttle data between corporate databases, Friday denied market rumors it had lost a major contract and client. The rumors, plus concerns that a rival could turn up the competitive heat, sent the stock tumbling $6.125 to $62 in Nasdaq trading on Friday. Shares sank $5.25 on Thursday. "There are rumors in the marketplace, which have no basis in fact," said Cynthia King, New Era director of investor relations. King said the company has not lost a client or its related business, but declined to elaborate on the rumors or identify the client involved in the rumors. Wall Street insiders said New Era was rumored to have lost commercial banker, J.P. Morgan & Co. Inc., as a client. J.P. Morgan declined to comment. "We went through this last September, when the shorts (positions) come due," King said, adding "Our analysts are telling us that it is likely the people with the short positions, and there is a large short position out there." Analysts remained positive on the stock despite other rumors that the company was going to miss first-quarter earnings projections. Because the company was in a so-called quiet period ahead of the first quarter earnings report on April 21, King would only say that the "guidance that we gave to analysts prior to our quiet period was that their estimates were reasonable." In February, New Era's chief financial officer told an industry conference the company was confident it would beat expectations that it would double revenues and earnings in 1999. The 1999 consensus earnings estimate is 50 cents a share, according to First Call Corp. According Nasdaq, short positions of 1.52 million shares represent about 9.4 percent of New Era's 24.7 million outstanding common shares. Analysts played down the acquisition of privately held Braid Group Ltd. by New Era competitor TSI International Software Ltd. , citing it as excuse to cash in on record high prices. "We're very positive on the stock, the business is terrific, the rumors are unfounded. There's no impact from this competitor's acquisition," said CS First Boston analyst, Wendell Laidley. "At these valuations, it doesn't take much to prompt someone to take some profits, and my take is that perhaps the TSI acquisition gave people such an excuse, even though we don't think it poses a material threat," said David Breiner, an analyst with Volpe Brown Whelan in San Francisco. Breiner has a strong buy recommendation on the stock, and expects 1999 earnings of 48 cents a share on revenues of $123 million. The price/earnings ratio is 133. New Era was founded in 1993 by George "Rick" Adam, the former head of information technology at Goldman Sachs & Co. Copyright 1999 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.