The Play Of The Day

January 20, 2000
8:50 AM EST.

Today's Play of The Day is: Star Media (NASDAQ:STRM)

StarMedia Network, Inc. is an online network targeting Latin America. StarMedia offers Latin Americans a large, pan-regional community experience, combined with a broad array of Spanish and Portuguese content tailored for regional dialects and local cultural norms. StarMedia's network consists of 17 interest-specific channels, extensive Web-based community features, sophisticated search capabilities and access to online shopping in Spanish and Portuguese. Stock fans, another old friend here. Starmedia sold off, has formed a base and is now bouncing. Fresh news should help as well!

YESTERDAY'S NEWS RELEASE:

http://biz.yahoo.com/prnews/000119/ny_starmed_1.html
StarMedia Network and WorldGate Communications Team Up to Deliver Internet Access on Cable Television to Latin America and Spain

KEY INDICATORS: STRM
Buy Area:$34.75 to 35.50
Sell Stop:$33.75
TARGET:$38.67 - $40.44
Time Frame: 2 to 7 days
Type of Trade: Swing Trade

BONUS PLAY: BONUS PLAY #1 Macromedia, Inc. (NASDAQNM:MACR)

Macromedia, Inc. develops and distributes original technologies and innovative software tools, servers and services to a range of customers including developers, consumers and large corporate accounts. The Company's
software products and technologies are focused on maximizing opportunities in three key areas: Web Publishing, Web Learning, and Shockwave.com. Stock fans this was one of our Play of The Day's when it was in the 50's. I like
the stock here to move higher into earnings. This stock wants $100.

KEY INDICATORS: MACR
Buy Area:$79.50 to 81.00
Sell Stop:$77.00
TARGET:$89.10 - $93.15
Time Frame: 2 to 5 days (2 weeks for $100 !)
Type of Trade: Swing Trade

"RUN THE OPTIONS:!"
The MACR Feb 2000 $105.00 Option Calls

BONUS PLAY #2- Paradyn (NASDAQ:PDYN)

Headquartered in the Tampa Bay area, Paradyne is a leading innovator, developer and manufacturer of high-speed network access solutions over copper wire. The company is recognized as a market leader in DSL (Digital Subscriber Line), T1 and Service Level Management products. Paradyne markets its award-winning Hotwire DSL and FrameSaver Service Level Management systems to Network Service Providers (NSPs) and business customers. Paradyne has shipped more than 3,900 Hotwire DSL Access Multiplexers (DSLAMs), for a total capacity of more than one million lines

This stock made a late move yesterday ahead of impressive earnings. It managed to add on more then $3.00 points before it closed on increased volume yesterday. Today it looks like it should begin to find the $40.00 area as this 6 month old former high flying IPO looks to get back on track
beginning today.

RISKY SHORT PLAY TODAY: Geoworks Crop (NASDAQ:GWRX)

- Geoworks Corp. said it plans to license its patented system that gives cell phones and other wireless devices Internet access, causing its shares to more than double.

The shares of Geoworks, which makes wireless server software and provides Internet services for cell-phone users, rose 16 9/16 to 31 9/16 in trading of 19.4 million, making it the eighth most- actively traded stock on the Nasdaq Stock Market.

Alameda, California-based Geoworks has a patent in the U.S. and Japan for a system known as wireless application protocol, which helps wireless telephones receive information from Web sites. Geoworks Chief Executive David Grannan said it's more like ``a handshake and negotiation process,'' meaning the phone interacts with the Web site to decide how much information it can display.

Geoworks said it's the first wireless-communications company to patent this process and other companies, such as Nokia Corp., Ericsson AB, will have to pay a minimum licensing fee of $20,000 to use it. In addition to that fee, some companies will be required to pay a 10 percent royalty for every product that uses Geoworks' patented system.

The news yesterday was extremely powerful. However the stock could not break $35.75, in heavy after hours trading yesterday. After being up more then 116%, in yesterdays trading it looks to take a rest today as it nears the $40.00 area.

We will look to take a postion short in the stock as profit takers should get out fast as it pull back and begins to find a trading range today.

KEY INDICATORS: SHORT GWRX
Sell Short Area: $37.1250-$36.43750
Cover for a Loss: $41.18750
TARGET: $30.43750-$29.1250
Time Frame: today
Type of Trade: daytrade

LONG TERM HOLD: Chase Bank (NYSE:CMB)

This very well known bank reported astonishing earnings yesterday surprising all of its more then 20 different analysts that cover the stock. It seems the major reason for the incredible gains in it's latest earnings report was due to the low published fact that (NYSE:CMB) owns more then 8 billion in Internet startups and publicly traded companies. The companies number a staggering 500 total with 150 of them publicly traded no the NASDAQ or the NYSE Those numbers blow away the likes of what many fell is the leading Internet incubator.

The stock closed up on the news more then $3.00. It looks like a great, can't miss stock to add to ones long term portfolio today. The stock sure looks as if it is going get notice for its recent investing.

KEY INDICATORS:
Buy Area: $75.00
TARGET 12 months $130.00

STOCKS ON OUR SCREENS TODAY:

IDTI- Reported upside earnings yesterday. It looks good to make a move to
$38.00 now.
WEBT- Earnings report to follow the end of trading Monday. We are looking
for $98.00- $100.00 ahead of that news.
ICOM- Up on news in pre mrket. Worth watching today.
ANCR- Finds extreme support at $32.00.
SIII- Up more then $2.00 in pre- market today.
NSATF- closed at its high of the day.
ADSX- closed at its high of the day.
TWTC- The real way to play the AOL TWX merger.
NSOL- It should pull back today.
LHSG- Up now 5 days in a row. It may see $36.00 today
HSAC- In a nice uptrend.
WGAT- May make a move higher.
MACR- continues to be a gem.
EFCX- Major volume yesterday as this stock moves off PLUG Increases
IFCI- It looks to have solid support at $15.1250.
XYBR- Many sellers have left the stock it now should bounce back to $14.50

Have a great day!

More to come.....

Stock Jock!
and BigPlayStocks.com Team of Traders!

home | contact us | advertising | affiliate program | disclaimer | cancellation policy
Copyright © 2000 bigplaystocks.com, inc.