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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Sammy Adams who wrote (30297)	4/15/1999 9:30:00 AM
From: If only I'd held	Read Replies (1) \| Respond to of 122087

To those interested. PTEK is supposed to be doing an IPO of their WebMD subsidiary, and their revenues last qrtr were astounding. It went to 18-7/16 yesterday and late in the afternoon , there was a major selloff. I watched it on L2 very closely and it was a case of taking out stops. The stock is gapping up this morning. I beleive it could see 30 in the coming month. If you are interested in a long position. I have been in since 5. About a year ago, 2 of their clients went belly up and burned them out of a good chunk of their receivables. The stock was around 30 at that time. They appear to have several things going for them. The IPO is like a bonus. These are just my opinions. Just thought I'd share them.