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.
Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?


To: Jim who wrote (64318)3/25/1999 8:22:00 PM
From: BigWave Dave  Respond to of 119973
 
Are any other "position traders" getting tired of all the "daytrading" news?

And the dire warnings about how much you can lose by trying to scalp 1/16's?

dailynews.yahoo.com

Day Traders Number About 3,000 - SEC Commissioner

By Peter Ramjug

WASHINGTON (Reuters) - There are about 3,000 individuals out there engaged in day trading, some of them former
used car salesmen and students, a commissioner at the SEC profiled Thursday at a Congressional hearing.

''I believe it's about 3,000 individuals who are engaged in day trading activities and there are about 100 firms that are conducting in day
trading activities as well,'' the Securities and Exchange Commission's Laura Unger told a House hearing on the effect of technology on the
capital markets.

The commissioner told the House subcommittee on capital markets, securities and government sponsored enterprises that she wondered who
these day traders were.

''Where were these people before? Were the day traders participating in the investment community before? Were they different types of
investors? What's their personality profile?''

''They were used car salesmen, and we've seen students,'' she testified. ''I've read articles about someone who used to work at a taco stand.''

Unger was perhaps referring to reports that some people have quit their jobs looking to make a quick buck in day trading, where they sit in
front of a computer moving in and out of stocks hoping to capitalize on the slightest movement in stock prices.

Some of them conduct transactions via the Internet or use computers at an established day trading firm.

''They get on the Internet, make a few correct predictions and they establish a following,'' she told the lawmakers.

Unger said that since the SEC regulates brokerage firms and not investors, the commission, along with the National Association of Securities
Dealers, have been inspecting these firms to ensure that they're ''operating within the regulations.''

Separately, Unger, who is the SEC's point person on Y2K readiness, predicted that the commission itself will be compliant by Aug. 31, the
same date by which brokerage firms are required to file compliance reports with the SEC.

''I expect we'll be ready by then as well, that's what we anticipate,'' she told reporters after she testified.



To: Jim who wrote (64318)3/25/1999 8:24:00 PM
From: Alex MG  Respond to of 119973
 
Great buying opportunity

Excellent risk reward ratio

VLOG... Recent IPO, overlooked and oversold

Vialog is a leading provider of group communications services, including audioconferencing, videoconferencing, web conferencing, and automated teleservices (IVR, broadcast fax and fax on-demand). It has one of the largest and most geographically diverse networks of sales and operations centers focused solely on the electronic group communications market. Vialog helps organizations communicate more professionally, efficiently and effectively by delivering superior customer service and an extensive range of enhanced and customized communications solutions.

Vialog's Internet Family of Services

Vialog's feature-rich web conferencing services give companies a flexible and cost-effective tool to facilitate group communications and work collaboration via the Internet. Vialog's web conferencing services include: Basic Web Presentation Sharing for standard presentations and application sharing; Premium Web Presentation Sharing for enhanced, multimedia presentations featuring M.SHOW(TM) for real-time Internet presentations; and Audio Streaming for conducting live audio broadcasts.

Two strong buy rec's from Bear Stearns and Prudential

52-Week Low.....$3.75
Recent Price......$4.25
52-Week High....$7.625

Price/Sales (ttm)....0.36
Sales (ttm)........$46.8M

Insider buying... biz.yahoo.com

Home page... vialoggroup.com