The Play Of The Day

Feb 9, 2000
09:07 AM EST.

Good Morning Stock Fans!

Today's Play of the Day is Verio, Inc. (NASDAQNM:VRIO)

Verio, Inc. provides comprehensive Internet services with an emphasis on serving the small and medium-sized business market. Services offered by the Company include providing clients with telecommunications circuits that permit them to make connections to and transmissions over the Internet, and Web hosting services that provide clients with Internet presence in the form of a Website.

Stock Fans, buying the bounce. Indicators say this is good for run. It has crossed its 10 day moving average in an uptrend. Institutions own 85% of the float and are increasing their buying by 14.7% from prior quarter to present.

Buy Area:$19.00 to $20.00
Sell Stop:$18.50
TARGET:$74.80 to $78.20
Time Frame: 2 to 5 days
Type of Trade: Swing Trade

BONUS PLAY # 1 Backweb Technologies (NASDAQNM:BWEB)

BackWeb Technologies Ltd. is a provider of Internet communication infrastructure software and application-specific software that enables companies to communicate business-critical, time-sensitive information throughout their extended enterprise of customers, partners, and employees. The Company's products provide a reliable solution for communicating large amounts of data in any digital format by enabling its customers to automatically gather and disseminate information.

Stock Fans, this is one of my favorite range plays. The range cycles over a couple of weeks providing a chance to take a chunk out of the middle. Institutions own 89% of the float which leaves about 600,000 shares.

Buy Area:$19.00 to $20.00
Sell Stop:$18.50
TARGET:$42.21 to $44.137
Time Frame: 2 to 7 days
Type of Trade: Swing Trade

BONUS #3 Xybernaut (NASDAQ:XYBR)

We have called this one plenty of times over the last 2 months for very impressive gains. This stock fell back yesterday form over $17.00 on open $15.8750 on volume of less then 600,000 shares. It has been averaging more then 3 million shares over the past 10 days. It then proceeded to hold quite impressively as more then 2 mill more shares traded in an incredibly narrow trading range of $16.00 -$16.18750. To trade that kind of volume and hold that area is very unusual. The stock didn't even move much into the close as it held like it was closed as a flurry of volume came in.

What this could very well mean, is someone is holding a massive amount of XYBR at current levels now as they gathered it up yesterday at the 16 area continuously yesterday. They didn't buy it in the bottom of its 2 day range to sell it for less. Therefore we like XYBR at $16.18750- $15.8750. IBM has already hooked up with XYBR as far as its wearable PC goes. It still looks very much like this is going find 20 plus real soon. Even though we hold it currently. We can't deny this is a perfect place to gather up more for what should be an upcoming run. News that could send shares of XYBR much higher looks very close.

Buy Area: $15.8750-$16.18750
Sell Stop: $15.25
TARGET: $20-$21.50
Time Frame: 1-6 days
Type of Trade: Swing Trade


PAGE- Came on late.
MSGI- Still no news! It exploded yesterday. it may make 26 plus after a retrace.
CYBR- It looked great on close more today.
ENER- We caught this one at $24.00 played it to $31.00. It may retrace to 24.25 then run maybe even higher.
SOFN- Look for this one to rest today.
VIXL- Heating up
TFSM- It may make 70's in next 10 days or sooner
WEBT- Split coming all time highs reached yesterday.
CSCO- What else is new! 41 straight Q's for CSCO upside.
JWEB - Watch it volume is increasing. No News it could be bought out perhaps
AOL- 60 today.
BUYX- It drops farther. We like a bounce of $22.00
SBAS- Volume is key here. Watch for a break out
SALN- It may get a further move today.
VCAT- It moved back up in after hours. Watch for more after it retraces $17.93750
HHGP- 20 is the spot it finds again soon. Then more!
HSAC- Earnings today follow bell. Look for it to make a move to $24.00

Have a great day!

More to come....

Stock Jock!
and Team of Pro Traders

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