The Play Of The Day
December 22, 1999
8:45 AM EST.
Good Morning Stock Fans!
ATTENTION ALL STOCK FANS!
Please be sure to check out our ALL NEW ever changing articles on the stock market we trade in daily! Located on the front page of our site: http://www.bigplaystocks.com
TEAM interNET! at BigPlayStocks.com
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FROM THE TRENCHES!
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Located at: http:/www.bigplaystocks.com/trenches.html
OK with that taken care of lets get right to it!
Today's Play of The Day! is: Rare Medium Group (NASDAQ:RRRR)
Rare Medium Group, Inc. provides creative and innovative business solutions for the emerging digital economy. The Company provides integrated, Internet-based services that include digital business and marketing strategy and consulting services, creative design services, and technology and systems integration services. These services are generally delivered in partnership with clients using a methodology designed for rapid delivery. The Company provides Internet-based solutions primarily for large and medium-sized companies from a broad variety of industries including financial services, technology, consumer goods, pharmaceuticals, publishing and entertainment. Stock Fans, I gave you PWCC and it will find some legs. Now it is Rare Medium's turn. The baby CMGI's have tons of potential to the upside. Long live the companies that give us IPO's to play!
KEY INDICATORS: (NASDAQ:RRRR)
Buy Area: $34.85 to $35.75
Sell Stop: $34.00
TARGET: $39.325 to $41.115
Time Frame: 1 to 3 days
Type of Trade: Swing Trade
BONUS PLAY # 1 - LONG TERM PLAY TO END 1999!
Virtual Fund.com (NASDAQ:VFND)
(NASDAQ:VFND) operates through its Internet Services Business Unit, provides information system design, implementation and support service, develops and sells Internet-based electronic commerce software, and provides Internet hosting services.
Stock Fans, did you buy (NASDAQ:CMGI) when it was $3.00??? Or did you say that because it's $3.00 it can't be any good? This stock looks to be an up and coming (NASDAQ:CMGI) wanna be play a play. We think that this can hit $12.00 over the next 6 months and perhaps maybe even $24.00 by December 2000 or more?
From Redherring: Look for this to be only a wakeup call to (NASDAQ:CMGI) status. One small fund that's off the radar but that could alsobe worth playing in the B2B market is Virtualfund.com (Nasdaq: VFND), an Internet investment company based in Eden Prairie,Minnesota. Virtualfund.com is another mimic of (NASDAQ:ICGE) or (NASDAQ:CMGI) Even with a market cap of just $25 million and billboard stock market status, Virtualfund.com is hoping that it, too, will reap the billion dollar rewards of being in the right sector at the right time, when investorshave only just begun to toss money, rationally or not, at B2B opportunities.Virtualfund.com's flagship internet investment is B2BXchange, Inc. Other holdings include:
Dave's Cool Art.com
It is certainly worth the investment risk to get in on this company at gorund level prices of under $4.00 a share. With the Internet growing at over 3% a day in size. One thing is for certain there are going to be more (NASDAQ:CMGI) type plays in the coming months and years. A perfect example of this is (NASDAQ:ICGE) coming public this past summer at $30.00 a share This B2B Internet incubator is currently trading well into the $200.00's plus on a split less then 6 months later! Quite simply the Internet is amazing in its worth and reach. This is just the beginning!
KEY INDICATORS: (NASDAQ:VFND)
Buy Area: $3.00-3.50
Sell Stop: $1.43750
1yr-TARGET: $24.00 plus? Who knows!
Type of Trade: Longer Term Trade
BONUS PLAY # 3 BACK WEB TECHNOLOGIES (NASDAQ:BWEB)
BackWeb Technologies (NASDAQ:BWEB) is a leading provider of push for e-business solutions that enable companies to communicate time-sensitive, business-critical information throughout the extended enterprise of customers, partners and employees. Via Internet-based applications and proactive portals, corporations such as Cisco, Compaq, Hewlett- Packard, Schlumberger Dowell and U S WEST have deployed BackWeb's Polite(TM) push Internet infrastructure for managing critical changes for key e-business and customer service applications.
Recently (NASDAQ:BWEB) announced that Charles Schwab & Co., Inc. (NYSE:SCH) will use its technology for the proactive delivery of business- and mission-critical information to its retail branch offices and customer service centers. Charles Schwab & Co., Inc. (NYSE:SCH) is the nation's largest online broker, serving more than 6 million active accounts.
This recent news coupled with the fact that (NASDAQ:BWEB) is in a hot area e-Commerce Business to Business (B2B) Field is perhaps enough for this stock to make a further move to the upside. It quite possibly trading under 40.00 a share currently could be an overlooked solid B2B play. Just 4 short months ago a leading analyst of CNBC came on to their program and was asked what his favorite stock was trading today. He promptly said (NASDAQ:BWEB). That in turn gave the stock a $7.00 plus ride. With its contacts in Israel and the world and recent news as well as its "Who's Who" of Internet based clients this stock could very easily make a move to the upside and trade more like $50.00 a share where it should be trading currently sooner then later! Remember we picked Tibco Software (NASDAQ:TIBX) at under 35.00 less then 6 months ago, a similar company to (NASDAQ:BWEB) it has gone on to trade over $180.00 a share since!
KEY INDICATORS: (NASDAQ:BWEB)
Buy Area: $30.93750-$31.43750
Sell Stop: $29.1250
TARGET:$37.50-$41.50 Perhaps as much as $50.00
Time Frame: 3 days to 3 weeks
Type of Trade: Swing Trade
EMAIL ALERT BUY YESTERDAY - TALK.com (NASDAQ:TALK) "BEING TALKEd UP ON THE STREET TODAY!
Stock Fans! (NASDAQ:TALK) was sent out via ALERT BUY EMAIL at under $17.00 a share less then 24 hours later those of you that took advantage are waking up to a pre-market trading price of $25.00! Congratulations Stock Fans!
If your not getting our ALERT BUY EMAIL service then be sure to email us at InfoBPS@aol.com. For just $39.95 a month you can get it and the "Play of The Day!" as well for the same price!
Watch (NASDAQ:TALK) to pull back perhaps under $22.00 a share today and then go higher off the news we reported ahead of the crowd yesterday. TALK.com to offer FREE DOMAIN NAME services. The CEO looked good last night on CNBC.
UPDATE: BONUS PLAY December 8 , 1999, MAPPED out Correctly and DEAD ON!
Today the Online Giant America Online (NYSE:AOL) has announced it is indeed buying Mapquest (NASDAQ:MQST) The leading online provider of maps and geographical information
Below is the link where you can find our call that was made on speculation (NYSE:AOL) would buy (NASDAQ:MQST)
Watch (NASDAQ:MQST) close as it is trading up over $2.00 from yesterday's close to $34.50 in pre market trading already today.
STOCKS ON OUR SCREENS TODAY:
JWEB- The saga to $120.00 continues today. As LIVE TRADING ROOM members know we called it at $24.50 on Monday, December 20, 1999
SCOC- Sellers look to be out of the stock
SPLN- It may have more upside and a split coming soon.
ITVU- Split run in progress
GO- ESPN.com part of this Disney owned network they may have news soon to
compete with SPLN. Watch this one close.
WEBT- Split run in progress. Big numbers to be reported in Jan 2000.
MSPG- This ISP hasn't participated in the NASDAQ rallies of late.
NZRO- What a call yesterday! It may have more updise today
WCAP- Another great call yesterday up over $17.00 a share. This stock is
worth $100.00 easy. The question is will they pay that much over the next 3
months. $66.00 is all time high.
MSGI- Stock looks to be ready to move to upside at current levels.
WBVN- Heavy colume of late. Watch for a move to upside.
ASDS- looks oversold again.
Have a great day!
More to come...
and BigPlayStocks.com Team of Traders