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Microcap & Penny Stocks : Mortgage Bankers Holding Corp (MBHC) -- Ignore unavailable to you. Want to Upgrade?


To: slyfoxhunter who wrote (1040)4/29/1999 10:20:00 PM
From: Tradenride  Respond to of 1241
 
Damn , you beat me here, see you on the next board...



To: slyfoxhunter who wrote (1040)4/30/1999 7:06:00 AM
From: CIMA  Respond to of 1241
 
You gotta like the target for MBHC here:

The Internet & Casino Stock Report
April 30, 1999

Market Overview:

Economic data suggests inflation is in check, however, traders seem to be in
disagreement as they continue to run up the price of basic commodities. Funds
continue to pour money into the cyclical-laden Dow Jones Industrials. The
DJIA gained 32 points on Thursday while the Nasdaq gave back nearly 22. Large
tech stocks were hit hard for the third day running, influenced largely by
Amazon (AMZN) which fell 13% to 168 1/4. Strong buying returned to the
technology issues during the final minutes of trading, suggesting a possible
rebound on Friday. Realnetworks (RNWK) performed well closing up 17% to $215.
The company is scheduled to make a major announcement on Monday morning.
Perhaps a broadband deal with America Online (AOL), Microsoft (MSFT), Comcast
(CMCSK), Mediaone (UMG)????

Stocks to Watch:

Platinum Entertainment (PTET): The Musicmaker.com (HITS) IPO was delayed this
afternoon. The company stated that it is considering a deal with a major
record label. Our thought is that HITS delayed the offering due to the less
than hospitable IPO climate. We exited one-half our position in PTET at break
even.

Mortgage Bankers Holding Corp (MBHC) powered to new highs to close at 0.50
(+27%). Volume continues to increase and for the first time in months the
stock was spotted on the OTC:BB most active list. MBHC is now up 170% from
Tuesday's lows. A pullback to 0.38 would offer a potential buying
opportunity. Our upside objective remains $1.50 (3-4 weeks).

New Sky Communications (NSKY): Another penny stock with a big story. This
Rochester New York based entertainment company owns a movie related website
(www.movieplace.com). The site features interviews with celebrities and a
link to local showtimes. The site's Star Wars movie content should draw
further attention. The stock ran away from us today closing up 55% to 0.07
after running as high as 0.09

The online banking software group remains strong. Ashton Technology Group
(ASTN) rose 26% today to 9 15/16 on double normal volume. The company also
owns Gomez Advisors (www.gomez.com), a popular website destination which
rates online brokers.

To sign up for this free report please visit our website at
www.walzco.com/trdrjohn
To be removed from our mailing list respond to this email with "remove."

The information provided above is believed to be accurate. Earnings and
revenues may be estimated for the purposes of evaluation and comparison. This
letter is a general circulation publication. We do not give investment
advice, nor do we at any time manage or direct the funds of any person or
company other than our own. Positions contained in this report are the
publisher's personal trades, and are not intended as trading advice for
readers. This report is issued solely for informational purposes and content
is not to be construed as being an offer to sell or a solicitation to buy any
security. We do strongly recommend that readers contact their personal
investment advisor or broker for advice pertaining to any investment
questions they might have. The publisher is not a registered investment
advisor, but rather a news editor and a stock trader for his own account.




To: slyfoxhunter who wrote (1040)5/5/1999 9:09:00 AM
From: CIMA  Respond to of 1241
 
The Internet & Casino Stock Report
May 5, 1999

[Unable to display image]

Market Overview:

All indices were down this afternoon as stocks followed the Dow's retracement
of yesterday's 225 point gain. Nasdaq and other technology stock were once
again weak. Money continues to flow from techs to cyclicals. At some point
this week the Internets will likely stage a rally. Whether that attempt
proves successful is quite another matter. Note that during the February
decline (after January earnings), Internets fell 25% during a four week
period. Now, post-second quarter earnings, Internets have pulled back 24%
during a 3 1/2 week period. Are we near a bottom? Too tough to call.

Casino Issues:

Internet casino stocks continue their declines. Are these stocks going away?
I think not. Case and point: Starnet Communications alone has over 33,500
posts at the ragingbull message boards. I call that- well subscribed.

GIC Global (GGNC) held long term support yesterday at $2 and closed this
afternoon at $2.44, while Starnet Communications (SNMM) lost 1/2 to close at
$9 15/16. Total Entertainment (TTLN) lost 3% to close at 0.843, making it the
most attractive of the group on a relative valuation basis. Volume remains
low and we currently have no holdings in these stocks. We continue to await
buy signals on major news or a noticeable increase in volume.

Stocks to Watch:

Finet Holdings Corp (FNHC): Overheard an interesting conversation on the
train this afternoon. Between talk of little league games and Sammy Sosa's
less than stellar performance this season one guy tells his buddy about a
sure-thing stock, a "10 bagger," he calls it (implying a 1000% return). I
instantly knew the stock he was referring to. Now my question is, where was
this guy in February when Finet traded at $2.00? Regardless, at today's low
of $6.50 this stock is now down nearly 65% from its April 14th highs. I can't
imagine this stock trading under $10 at the end of this month as the E-Loan
IPO comes to market. Those who always wanted to own this one may now have
their chance. Intermediate support at $7, strong support seen at $5.00

Mortgage Bankers Holding Corp (MBHC): Stock now making the pullback we
discribed on Monday morning's report when we noted, "MBHC is now up 170% from
Tuesday's lows. A pullback to 0.38 would offer a potential buying
opportunity. Our upside objective remains $1.50 (3-4 weeks)." For Wednesday
we reiterate our comments.

Penny Pick: Ameriresources (ARET). Stock now trading at 0.031 (3.1 cents).
After reaching a high of 0.05 on Friday the stock is now off 38% from its
recent highs. Weak hands are all but shaken out and the stock has found what
looks to be solid footing. In a March 8th news release, Ameriresources'
subsidiary, First Americans Mortgage Corp, announced the development of
online credit processing, "The webpage will be available to both on and off
reservation Native American home buyers for pre-qualifying and/or making a
home loan application." We anticipate that the recent volume in ARET may be
attributed to anticipation concerning the formal release of the
aforementioned website. Just a quick reminder, penny stocks carry substancial
leverage, which can work either for or against you. Never wager heavily on
these issues and always do your homework!

Don't forget to post your personal picks at our website:
www.walzco.com/trdrjohn

The information provided above is believed to be accurate. Earnings and
revenues may be estimated for the purposes of evaluation and comparison. This
letter is a general circulation publication. We do not give investment
advice, nor do we at any time manage or direct the funds of any person or
company other than our own. Positions contained in this report are the
publisher's personal trades, and are not intended as trading advice for
readers. This report is issued solely for informational purposes and content
is not to be construed as being an offer to sell or a solicitation to buy any
security. We do strongly recommend that readers contact their personal
investment advisor or broker for advice pertaining to any investment
questions they might have. The publisher is not a registered investment
advisor, but rather a news editor and a stock trader for his own account.