The Play Of The Day

December 2, 1999 08:45 EST.

Good Morning Stock Fans!

Today's Play of the Day is: Bottomline Technologies (NASDAQ:EPAY)
Bottomline Technologies (NASDAQ:EPAY) provides software solutions that create an automated e-business infrastructure used to make payments and present bills, enabling organizations to transition from traditional paper-based billing processes to electronic processes to facilitate electronic commerce. Sock fans this says it all! Epay is in the right business at the time to get in is now!

http://biz.yahoo.com/rf/991201/px.html
NEW YORK, Dec 1 (Reuters) - Deutsche Banc Alex. Brown on Wednesday said it upgraded Bottomline Technologies Inc. (Nasdaq:EPAY - news) to buy from market perform, based on higher revenue and earnings expectations tied to two recent acquisitions

KEY INDICATORS (NASDAQ:EPAY)
Buy Area: $24.25 to $25.00
Sell Stop:$23.125
TARGET: $27.50 to $28.75
Time Frame: 1 to 4 days
Type of Trade: Swing Trade

BONUS PLAY # 1: Terra Networks, S.A. (NASDAQNM:TRRA)
Terra Networks, S.A. (NASDAQ:TRRA) provides Internet access and local-language interactive content and services to Spanish and Portuguese-speaking residential and small office/home office customers in Spain, Brazil, Mexico, Peru, Chile and Guatemala. Stock fans, I may be a day or so off on this play, but I feel it is time to take a position. Guessing when these recent IPO's will take off is difficult at best. Last weeks bonus play NXTV played the same. Didn't move until the third day after it was called. I expect this to run higher over the next few sessions. There are 3 news articles released today and this will fuel the excitement.

KEY INDICATORS (NASDAQNM:TRRA)
Buy Area: $33.25 to $34.50 if gaps
Sell Stop:$31.9125
TARGET: $37.95 to $39.675
Time Frame: 1 to 7 days
Type of Trade: Swing Trade

BONUS PLAY #2:
STOCK TO WATCH: Wit Capital Group (NASDAQ:WITC)
Wit Capital Group (NASDAQ:WITC) and its broker dealer subsidiary, Wit Capital Corporation, were founded in New York in 1996 to create the first online investment banking firm. Wit Capital Group, Inc. went public in June 1999. With offices in New York and San Francisco, Wit Capital Corporation is an issuer-driven Internet investment banking firm that offers an array of investment banking services, including underwriting for public offerings, private equity services, strategic advisory, and institutional quality research.

The stock bounced off a double bottom at $18.3750 it had created in its trading graph yesterday on average volume as compared to its 30 day trading average. It seems to have low risk at the $18.50 price area of late. The stock looks as if it has tested it's 30 day low as it closed over $19.00 yesterday with more volume coming after it had bounced off of $18.3750. If it can get some volume it should be able to fin its way back into the low 20's before long. The KEY to this one is the stock is LOW RISK at current levels and looking at its past has solid REWARD possibilities. In short it is worth a play at current levels.

KEY INDICATORS: (NASDAQ:WITC)
Buy Area: $19.1250-$19.3750
Sell Stop $18.25
TARGET: $21.50-$23.00
Time Frame: 4 to 6 days
Type of Trade: Swing Trade

BOUNCE PLAY: (NASDAQ:ASDS)
This recent IPO, we have had great luck with playing it from the mid 8's all the way to as high as $32.00. It still has not come out of its quiet period yet. It fell back yesterday on less volume. It is a great "bounce" play at 20.50 today. Its chart would indicate that it may fall to that area before it has buyers again. A big physiological number on its way up to break was $20.00 so we will look to get in the stock at about 20.00 to 20.50 today as it should fall back to that level.

What we have on our side with this stock is "popularity" in the stock market that is known as volume. With the quiet period coming next week and this stock always finding a way to traded over 1 million shares the last 10 trading days plus, it would seem that it is a great buy at $20.00 to $20.50 today.

KEY INDICATORS: (NASDAQ:ASDS)
Buy Area: $20.00 -$20.50
Sell Stop: $18.50
TARGET: $26.00 -$30.00
Time Frame: 3 to 10 days
Type of Trade: Swing Trade

STOCKS ON OUR SCREENS TODAY:
AOL-Its a "buy" if it can break $77.00 today.
CTIX- The stock was up more then $1.00 on heavy volume yesterday on no news.
STRX- rumor of GBLX possible takeover continues.
GMGC- up out of the "abys" on heavy volume on no news
HSAC- stock has established a solid base
TFSM- target lifted to $85.00 now
MFNX
CNCX
MSGI- good support at $17.50
LCOS
EMUS- it moved late in the day to close near its high.
RPCX- closed near its high on heavy volume yesterday.
NETR- stock "gapped up " on news with MSFT. has solid support at $9.1250.
NXCD
SHRP
ANCR
WITC
EXPE
HEAR- sellers look to be gone. solid buy
GO- still like this one to see $35.00
PACW
NETE

Have a great day!

More to come.....

Stock Jock!
and BIGPLAYSTOCKS.com Team of Traders

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