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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: wjmtmoney who wrote (22417)	3/29/1999 11:25:00 AM
From: V$gas.Com	Read Replies (2) \| Respond to of 44908

I believe this to be a great opportunity missed. Monday March 29, 11:03 am Eastern Time Internets surge amid overall market strength NEW YORK, March 29 (Reuters) - Leading Internet shares surged in early trade Monday, boosted by an overall strong market and upbeat sentiment about the high-flying sector. ''The group seems to be on fire again. With the recent past in this group that's not a surprise,'' said Peter Coolidge, senior equity trader at Brean Murray & Co. The American Stock Exchange's 50-share Internet index (^IIX - news) was up 9.34 percent as U.S. exchanges posted gains in a broad-based rally. The Dow industrials (^DJI - news) were up 133 points to 9955 and the Nasdaq composite index (^IXIC - news) strengthened 47 to 2466. Among active issues, Amazon.com Inc.(Nasdaq:AMZN - news) rose 10-7/16 to 149-1/2 151 after the Internet retailer said it would launch a Web auction service. Online auction company eBay Inc. (Nasdaq:EBAY - news) slumped with the news. The shares were off 6-3/8 to 148-1/8. iVillage Inc. (Nasdaq:IVIL - news) rose 12-1/8 to 91, helped by positive comments from analyst David Alger in this week's edition of Barron's. The women's Web site has rocketed from 24 since its initial public offering March 19. Alger also had upbeat views on Amazon.com, Internet service company At Home Corp. (Nasdaq:ATHM - news) and online video company Broadcast.com Inc. (Nasdaq:BCST - news). At Home rose 9 to 159-7/8 and Broadcast.com was up 3-3/8 to 113-7/8. Traders said the sector was still being helped by NationsBanc Montgomery Securities analyst Alan Braverman's start of coverage of nine Internet companies last week. He rated the firms as buys. Kenneth Ducey, director of trading at BT Brokerage, said the Internet stocks' quick start Monday was boosted by traders wanting to lock in quick intraday profits. ''The first stocks traders take is the Internets, since that is where you get the most play,'' he said. More Quotes and News: Amazon Com Inc (Nasdaq:AMZN - news) At Home Corp (Nasdaq:ATHM - news) broadcast.com inc (Nasdaq:BCST - news) DJ INDU AVERAGE (Dow Jones & Company, Inc) (^DJI - news) eBay Inc (Nasdaq:EBAY - news) INTERNET (NEW) (American Options Exchange) (^IIX - news) iVillage Inc (Nasdaq:IVIL - news) NAS/NMS COMPSITE (NASDAQ Stock Exchange) (^IXIC - news) Related News Categories: US Market News