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Technology Stocks : NTOY - over 100 Billion Dollor industry -- Ignore unavailable to you. Want to Upgrade?


To: smarts who wrote (41)3/25/1999 10:26:00 PM
From: David in Ontario  Read Replies (1) | Respond to of 113
 
Another interesting day

Volume off today, but still OK. Very small spread between the High and Low - just $0.50. However, the float is small - just 1.5 M so volume isn't going to be 'high' on any given trading day.

IMO no-one should buy any stock going by what appears in a newspaper ad. Potential investors need time to check out the fundamentals. However, it will bring more attention to the stock and buying momentum over the next few days. The Wall St Journal ad is very well timed for next Mondat - the day of the (alpha) web site launch.

Furthermore, with Abby Cohen et al. giving the 'thumbs up' to the internet sector this bodes very well for NTOY going forward. Today the attention was focused on the NASDAQ 'net stocks not the BB 'nets.

I really don't think NTOY will see any real appreciable sustainable upside movement until it starts reporting, files a 10K et al., comes under analyst coverage and moves to the NASDAQ. All this will take a few months.

The stock is still so new that it needs more time to prove itself. Thus far it has done very well - closing at $10+ every day except its first.

Should Michael Cao + team execute their business plan then there's every possibility that NTOY will see very appreciable gains over the next 12 months. Thus far they have done very well.

On a macro level it looks good IMO. The Dow is up and down mainly because just a few stocks are driving it - the move from 9k to 10k was based primarily on just 4 of the Dow 30 - lead by IBM. The broader market is catching up, the broader averages are moving up, so IMO the bull run will continue for the foreseeable future.

David.



To: smarts who wrote (41)3/29/1999 3:06:00 AM
From: David in Ontario  Respond to of 113
 
NTOY DD from Yahoo! ETOY competitor-Goldman Sach's IPO, April 15

messages.yahoo.com@m2.yahoo.com
ETOY (Goldman Sach's IPO of direct competitor) IPO date 4/4/99

NTOY current price : $12
Estimated high on 3/30/99 : $18 5/8
Estimated high on 4/3/99 : $24 3/16

Notes: Extreme low float (1.7 Mil)
NTOY began trading on 3/15 (bought out penny stock
health care company & changed name to NTOY to avoid
expenses of IPO process)

As of 3/19, only publically traded E-Toy Retailer
Volume has been low due to lack of exposure
Update : Deal made w/ Yahoo. 2nd announcement 3/25.

Ads in USA Today (3/25) + Wall Street Journal (3/29) announcing grand opening of Web site and Furby contest

netoy.com

Malden & Co.