To: Jenne who wrote (53761 ) 4/29/1999 8:04:00 AM From: Glenn D. Rudolph Respond to of 164685
Investors Forecast Surveys Show Optimism in Net and Tech Stocks for This Friday. BUSINESS WIRE - April 29, 1999 05:19 LAKE FOREST, ILL. (April 29) BUSINESS WIRE -April 29, 1999-- MSFT at 88.39, AOL at 152.1, YHOO at 187.5, @Home at 152.6, WCOM at 91, SCH at 123.3 and Others for this Friday. Continuous 24 hour stock and market forecasts by online investors show continued optimism in some of the bell weather Internet and computer stocks. More that 3,000 forecasts of the Dow indicate a bullish sentiment with the I4C Ratio positive over the last 3 days. Investors Forecast at investorsforecast.com , collects individual investor opinion in the form of numerical stock forecasts on 30 stocks and publishes the resulting collective forecasts. The site also collects numerical forecasts from investors on the market which result in a real time sentiment indicator available at the site called the I4C Ratio(TM). The ten most accurate stock forecasts for last Friday, April 23, are listed below: Price Forecast Price to Price Accuracy Price Close for Apr.23 Forecast of Forecasted Stock Apr. 23 made on Apr 16 Accuracy Change ----- ------- -------------- -------- -------- Cisco $ 117.388 $ 117.00 99.68% 97% Citigroup 74.875 75.31 99.42% 113% Dell 43.000 42.58 99.02% 91% Gateway 69.500 68.65 98.78% 84% Intel 61.750 60.66 98.23% 76% GE 112.875 115.25 97.90% 246% Disney 34.500 35.24 97.86% 166% MCIWorldcom 91.187 93.44 97.53% 135% Lucent 61.062 62.89 97.01% 144% Ericsson 25.438 26.33 96.49% 337% Note: 100% accuracy of forecasted change would be perfect. As of 7:30 PM EDT, Wednesday evening, the I4C Ratio was +.25 and the collective forecast in progress for Amazon (Nasadq:AMZN) was $215.87 for May 7th. About Investors Forecast: Investors Forecast at investorsforecast.com is the first collective forecasting Web site which aggregates and publishes real-time, number specific, stock and market forecasts in graph form for: @Home (Nasdaq:ATHM) e-Bay (Nasdaq:EBAY) 3Com (Nasdaq:COMS) Ericsson (Nasdaq:ERICY) AT&T (NYSE:T) Gateway (NYSE:GTW) Amazon (Nasdaq:AMZN) GE (NYSE:GE) America Online (NYSE:AOL) IBM (NYSE:IBM) Apple (Nasdaq:AAPL) Intel (Nasdaq:INTC) Beyond (Nasdaq:BYND) Lucent (NYSE:LU) Broadcast.com(Nasdaq:BCST) MCI-Worldcom (Nasdaq:WCOM) Cisco (Nasdaq:CSCO) Merck (NYSE:MRK) Coke (NYSE:KO) Microsoft (Nasdaq:MSFT) Compaq (NYSE:CPQ) Nokia (NYSE:NOK) Citigroup (NYSE:C) Oracle (Nasdaq:ORCL) Dell (Nasdaq:DELL) Schwab (NYSE:SCH) Disney (NYSE:DIS) Sun Microsystems (Nasdaq:SUNW) E-TRADE (Nasdaq:EGRP) Yahoo (Nasdaq:YHOO) Investors Forecast is free and open to all online investors at investorsforecast.com . -0- skj/cgo* CONTACT: Investors Forecast John Dick, 847/295-2978 john@investorsforecast.com KEYWORD: ILLINOIS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com News provided by COMTEX