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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: scuttlebut who wrote (32272)4/9/1999 1:09:00 PM
From: Hope  Respond to of 120523
 
WEBB -Broken out:

Posted this on Tuesday: Formed handle wed and thurs. Check the charts.


WEBB - Stock to watch.

Nice cup formed, no handle yet.
17 3/8 with some buying coming in now.
Float=2.3M Short=563 Short Ratio = 3.06 (From Yahoo Profile)
Also trades warrants - WEBBW - about $4.

Upgrade yesterday:

J.C. Simbana and Steve Wing, research analysts with American Fronteer, have initiated research coverage of Online System Services (Nasdaq: WEBB - news) with a buy recommendation and an 18-24 month price target of 40-60. Mr. Simbana commented, ''WEBB has far and away the most attractive valuation and business model relative to its peer group in the internet sector. At our upper price target of $60, its market cap would still remain a fraction of Geo-cities, The Globe.Com, C-Net, etc. Finally, we are quite impressed with the superb team they have attracted, and the cutting edge products that differentiate them from a rather sparsely competitive environment.''