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Technology Stocks : JW Genesis (JWG) - online trading in the future? -- Ignore unavailable to you. Want to Upgrade?

To: Roads End who wrote (25)	5/23/1999 1:19:00 PM
From: tcd	Read Replies (1) \| Respond to of 78

thank you, Bill and Riechers for helping me understand the difference between a hyped stock and a dud. While, the company may go another ten, it will drop 20 quicker. much appreciated.

To: Roads End who wrote (25)	5/23/1999 2:04:00 PM
From: KM	Respond to of 78

It's possible that anyone buying as an "investment" is a sucker (will reserve judgment on that) but for me it's a very short term trade and I have a stop in place already. Are you suggesting this could be shorted for profit?

To: Roads End who wrote (25)	5/23/1999 3:15:00 PM
From: DavidCG	Read Replies (2) \| Respond to of 78

" There is a reason this company trades only 48K a day and they will find out when it comes time to sell." I could be wrong, but didn't JWG trade 400K shares on Friday? Hmmm..Call me a lunatic, but that means people are starting to take notice. Do you know what SWS was averaging daily in December when I spotted it at $16? LOL, check the historical chart/volume. You'll either laugh your head off, or cry that you just sold JWG too early. We've barely scratched the potential. There were virtually no posts regarding JWG before I posted at about 3pm friday. Heck, I only noticed this stock because it was one of the most active stocks traded on the AMEX. I bet only about 10 people even know this company exists. That will change this week when I'm sure JWG will make an announcement concluding the final sale of its clearing division for $58 million cash. Now I would like to be in this stock BEFORE this news release hits and every trader and investor from timbuktu jumps on. Look at NDB, SWS, JBOH, SIEB, heck any brokerage and see how much cash they have to expand their operations. You will be very suprised when you see figures of $4 million or less. Now here comes JWG with $70 million cash. Whoa. Also one more potential thing that could take place, a takeover by someone else. JWG's books now look solid. -DavidCG

To: Roads End who wrote (25)	5/23/1999 4:45:00 PM
From: rsyke	Read Replies (1) \| Respond to of 78

Riechers I am also a position trader. Not daytrader. Hate hype/spam. I live in southeast Fl. trade alot. IMHO the reason this stock trades so thinly is as follows: JW Charles was a well respected but small local brokerage house. At exactly the wrong time last year, they bought investment banking arm (Genesis part) to do IPO's. Small cap market tanked, IPO market went in tank. Not enough float for institutional sponsorship. Like you I tend to be very leery of these overnight wonders, but in this case, I suspect it may be warranted. Just one of those opportunities that come along. This sector is definitely on the uptrend. I have to roll some money next week think I'll nibble at this one .