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Microcap & Penny Stocks : WCAP - Winfield Capital: Insider buying -- Ignore unavailable to you. Want to Upgrade?

To: Tom Hua who wrote (921)	4/23/1999 12:55:00 PM
From: puborectalis	Respond to of 1305

Shares of EBay (EBAY: news, msgs) soared 13 1/4 to 185 1/4. Amazon.com (AMZN: news, msgs) advanced 11 13/16 to 201 7/8. EBay kicks off next week's earnings blizzard on Monday. The online auctioneer is set to report a first-quarter profit of 2 cents a share vs. a penny profit a year ago and 2 cents in the prior quarter, according to First Call. Quarterly revenues are expected to jump more than fourfold to $25.3 million, compared with $6 million last year and up from $19.5 million in the previous quarter. EBay has beaten expectations by one penny for the past two quarters, according to First Call. Amazon.com reports first-quarter results on Wednesday. Analysts surveyed by First Call expect the Seattle-based company to post a loss of 29 cents vs. a loss of 7 cents in the year-ago period, and a loss of 14 cents in the previous quarter. Analysts are looking for quarterly revenues of $264 million vs. $87.4 million a year ago, and up from $253 million in the final three months of last year. Other online retailers charged up on Friday as well. Onsale (ONSL: news, msgs) gained 3 to 27; uBid (UBID: news, msgs) rocketed 8 7/8, or 17 percent, to 60. Priceline.com (PCLN: news, msgs) flew up 7 5/8 to 84. Priceline.com, the newly-formed public company received two endorsements by two investment houses that were not part of the company's IPO in late March at $16, raising $160 million. The Goldman Sachs team of Rakesh Sood and Michael Parekh started coverage with a $120 price target and placed the stock on the firm's "recommended list." Priceline.com provides a "name your price" marketplace on the Web, mostly for travel and financial services. Consumers can place a bid for items such as airline tickets, and Priceline.com aims to find a willing seller. Priceline does not take in that revenue. Instead, the company makes the spread between what a customer pays and the cost of the item. The company doesn't break out the spread it makes, but it's generally around $10 for an airline ticket. By determining the spread, Priceline has more control over margins. AOL on deck America Online (AOL: news, msgs) lost 3 5 1/16 to 145 5/8. The Internet blue-chip reports third-quarter results April 27. The First Call consensus is a 9-cent profit, more than double the 4-cent profit recorded a year ago and unchanged from the previous quarter. Many analysts expect the company to deliver a positive surprise. AOL has beaten estimates by at least a penny a share in the past four quarters. AOL said in a filing on Wednesday that major shareholders, including Sprint and Paul Allen will sell 31 million shares. As of Thursday's closing, those shares would be valued at over $4.5 billion. DoubleClick (DCLK: news, msgs) gained 4 7/8 to 147 3/8. The provider of Internet advertising reports first-quarter results the morning of April 27. Analysts expect a 13-cent loss vs. a negative 16 cents in the year-ago period. Quarterly sales are projected to be $18.5 million to reflect new accounting procedures that require the company to recognize Alta Vista's revenues on a commission basis. Alta Vista is DoubleClick's largest client. DoubleClick's sales were $29.1 million in the prior quarter. Splitsville E-Trade (EGRP: news, msgs) announced a 2-for-1 stock split for shareholders of record May 7. The split-move is the second this year for the Palo Alto, Ca. company. The move also comes one day after Charles Schwab (SCH: news, msgs) said it would split 2-for-1 and two days after Knight/Trimark (NITE: news, msgs) announced a 2-for-1 split as well. Shares of E-Trade rose 7 to 103, Knight/Trimark were barely changed. Charles Schwab fell 2 1/4 to 118 9/16. Ameritrade (AMTD: news, msgs), J.B. Oxford (JBOH: news, msgs), Siebert Financial (SIEB: news, msgs) and National Discount Brokers (NDB: news, msgs) were higher. AtHome Ma Bell's surprise bid for MediaOne sent shares of AtHome (ATHM: news, msgs) up 11 1/16, or 7.6 percent, to 156 1/2 on speculation AT&T-controlled AtHome could merge with MediaOne's Road Runner. AT&T recently bought cable giant Tele-Communications Inc., giving TCI's controlling stake in AtHome, a provider of high-speed Internet access, to AT&T. MediaOne (UMG: news, msgs) along with Time Warner (TWX: news, msgs) owns another high-speed service provider, Road Runner. A combination of the two parent companies could lead to the merging of both services. See AtHome story. See cable story. Bambi Francisco is Internet editor of CBS MarketWatch. She talks markets and Internet stocks on America Online's Live Market Chat each Friday at 2:30 p.m. Eastern time. Sage Online runs the discussion. Try shorting this one!!