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Gold/Mining/Energy : Microforum (MCF:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: wpckr who wrote (2313)	5/26/1999 1:53:00 PM
From: Link Lady	Respond to of 3896

stockhouse.com May 26, 1999 StockHouse News Desk Editorial Desk Heavy Hitters and Hardest Hit For May 26th Miami, FL, May 26 /SHfn/ -- Dial the doctor! A whiplash epidemic has hit Wall Street! Maniacal-like volatility has flung the Internet issues up and down all morning. Now toiling to hold the line, these stocks may have found a bottom. See who's creeping higher. • • • Heavy Hitters Healtheon is quickly ascending at midday, posting a 22% gain. Shares have seen a recent pop, due to confirmation of a merger with WebMD. Hauppauge Digital is gaining favor again today, with 12% gains. The company rocketed higher on May 21 after announcing it will soon release its PC based Digital TV Service that will allow TV viewing via a PC window. Corning glassware company is up by nearly 5 points or 10%, after earning much praise for its products. JP Morgan initiates coverage on Corning with a long term buy, and Salomon smith Barney pounded the table with both fists on the company. Platinum Technology International Inc. is up 12% after the proposed takeover by rival Computer Associates International Inc. cleared the U.S. antitrust hurdle. Marine Drilling is up more than 7% after Credit Suisse First Boston initiated coverage with a buy rating and a $19 price target. Share price approaches $13 at midday. DLJDirect a tracking stock spawned from Donaldson, Lufkin & Jenrette Inc.'s online brokerage unit, priced 16 million shares at $20 each, raising $320 million. Shares are seeing gains of 33%, trading above $26. Barnesandnoble.com the much anticipated IPO made little impact on its debut yesterday. Today they add to their gains. Yahoo! recovering from a deep morning dip, now up nearly 2% on heavy volume. Amazon.com is shaking the markets up with its wild swings in share price today. The stock now sits a fraction higher, giving inspiration to its Net brethren seeking positive ground. • • • Hardest Hit Biogen sidled forward by nearly 2 points, the drug maker divulging its psoriasis drug Ameviv will enter a phase III trial. Shares opened sharply higher, then retreated, now adding to gains on strong volume. America Online swung wildly all morning, bobbing in a 14 point range. A 2-3/16 pop at the open preceded strong selling and a steep drop off, and the stock now sits 5% weaker. Etoys teased shareholders this morning opening higher, then sharply falling off. By midday shares are sitting 6% lower. CMGI struggled to recover but failed and the thwarted rally is reflected in a 5% loss. Disclaimer: The momentum plays chosen by the StockHouse Newsdesk represent opinions. They do not represent a recommendation to buy or sell securities. Securities trading is not suitable for all investors. StockHouse makes no warranties as to the accuracy or completeness of the above information.