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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?

To: vpelt who wrote (2368)	4/8/1999 3:08:00 AM
From: Jan Johnsen	Respond to of 7720

Vpelt, You may not have to work 40 hrs a week much longer if the money keeps pouring into the internet "enabling" stocks. First it was the internet portals, now the big bucks are finding their way into the enabling technologies. Check out this article about the video streaming companies that make the internet "all it can be." Provocative - don't you think? After all, they will eventually need a good, inexpensive quality display to get that net video to the eyeball. Streaming video stocks skyrocket By Richard Morgan NEW YORK (Variety) - Internet video stocks like RealNetworks and PayForView.com rocketed to new heights Tuesday as Wall Street raised its bet on the 'Net's ability to reach mass audiences with movies, television and other content. Jamie Kiggen, an Internet analyst at Donaldson, Lufkin & Jenrette, ignited the day's buying spree by initiating his coverage of RealNetworks, the dominant provider of streaming media technology, with a buy recommendation -- one backed with a 12-month per-share target of $250 on a stock then trading just above $150. RealNetworks ended Tuesday up 27% at $195.44 a share, more than ten times higher than its trading range for most of last fall. PayForView rode the 'Net video rage as well, climbing 35% to close at $9.12 a share. The company has already positioned itself as "the largest Internet pay-for-view service in the U.S.," even though that service won't be available until this summer. Analyst Kiggen said his RealNetworks recommendation was based on "a confluence of factors driving the use of streaming technologies," including growth in the number of Web users and the time they spend online, an explosion in pages that incorporate streaming media and the eventual mass appeal of broadband access. What's more, Kiggen said he expects RealNetworks to achieve that rarest of conditions for an Internet company -- profitability -- in the fourth quarter. --------------------Snip------------------- John Reed, president of Source Media, a provider of content formatted for both TVs and PCs, also cited Broadcast.com's takeover as spurring category interest. To the degree that 'Net video succeeds in sustaining the interest of "eyeballs," he said,advertisers will lose interest in traditional media. End