To: lee kramer who wrote (38316 ) 5/5/1999 4:40:00 PM From: Jenna Read Replies (4) | Respond to of 120523
From today's watch list. At first I felt you'd all be very skeptical of my including this one on the watch list the first day after the fall. But since I re-read all the articles and gave it a second look, I decided the trading world was nuts and this had to be the first to rebound. Of course I was very pleased to see VRSN, EXDS, MLTX, ATHM, rebound as well. 11> *TBFC - TELEBANC FINL CORP .BSL Price= 90.0 ( 96) VL/30= 119.0 ( 78) %Rnge= 6.0 ( 25) Sto9V= 35.3 ( 30) W14dV= 48.0 ( 32) %Hi4 = 64.0 ( 3) 1-Dy = 82.8 ( 1) 50MA = 119.0 ( 84) 10MA = 84.7 ( 12) What can we saw about this one? It has to rebound, it has one of the best earnings reports in the entire sector. The question is, WHEN? ________________________________________________________ ___*Rest assured that the group, along with the rest of the Internet stocks, will come back strong in due time to retest old highs as far away as they may now seem. Aiding the buyers will be the fact that all three Internet Banking stocks are scheduled to split this month, which should attract renewed interest Oh yeah, a more important but oft overlooked factor for Internet stocks - earnings, orlack thereof. SONE and TBFC both reported stellar earnings this morning, further validating the bright outlook for Internet Banking into the next millennium. Both companies beat their respective estimates by 50%, and Telebanc actually posted positive earnings of $0.12/share. SONE reported a $0.13/share loss, but has shown dramatic improvements in earnings over the past four quarters. From Yesterday's Watch List: 6> EXDS - EXODUS COMMUNICATIONS INC .INT VL/30= 92.7 ( 71) %Rnge= 11.0 ( 22) DRGap= 0.0 ( 95) Sto9V= 48.1 ( 41) W14dV= 50.5 ( 39) %Hi4 = 78.3 ( 11) Price= 81.3 ( 96) Back again with this one second time. I think it should recover any minute and I'd like to be there when it does.