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To: HandsOn who wrote (6089)7/21/2000 2:10:01 PM
From: KevinMark
   of 24256
 
ENTG...couldn't agree with you more. Chart showing a flag formation and will breakout on any volume.

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To: Bald Man from Mars who wrote (6090)7/21/2000 2:12:39 PM
From: DanWebzster
   of 24256
 
BEIQ looks interesting. Options hanky panky has driven this down big the last couple days. It will probably rally going into earnings on the Aug 7 or 8, because it has a history of beating estimates.

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To: KevinMark who wrote (6091)7/21/2000 2:15:41 PM
From: vagabond
   of 24256
 
Anybody here liking ACLS at 19?... eom

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To: vagabond who wrote (6093)7/21/2000 2:17:17 PM
From: KevinMark
   of 24256
 
It's due for a bounce that's for sure.

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To: KevinMark who wrote (6091)7/21/2000 2:17:49 PM
From: HandsOn
   of 24256
 
Been seeing 10 and 20k buys on PTEK all week, probably keep it under 4 here because of option expiration Today.

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To: SirRealist who started this subject7/21/2000 2:31:15 PM
From: yossarian67
   of 24256
 
ENTG - it's the underwriters dumping it down and keeping a lid on it....Hey I don't profess to understand everything, but take a look at another recent ML IPO with the exact same underwriting cast of Merrill at the lead and DLJ/Smith Barney/Piper Jaffray as co's:

bigcharts.com


Priced it at 10 with a float of 7 million(ENTG has 13)....Ran it up early to 15 and than sold it back down to 10 dumping shares and booking profit the whole way.....than viola', look what happened.

I'm not saying ENTG will go to $40 like MTWV, but I do think if one is patient, it'll be a near double from here.

Check out PBSC tooif you get a chance - another ML "dud". I've been playing ML IPO's for a long time and this is their MO - I thought in this market climate, they wouldn't be able ot take it down this far, but they did - they got me as I'm in at an average now of 12 5/16......about a point underwater. I don't think(hope!!) that will be the case a month from now.

ACCD was finally nearly a 50%'er from that 8-9 Friday:)))) Just took a few weeks.

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To: SirRealist who wrote (6067)7/21/2000 2:49:34 PM
From: johnsto1
   of 24256
 
Is CRIO sleeper bargain because of the market


Corio, Deal Of The Week, Prepares For Launch;
Thursday, July 20, 2000
Jeffrey R. Hirschkorn
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You thought the era of the moonshot – the 100 % first-day pop - was over? Think again. Analysts say the Goldman, Sachs-led Corio may very well rocket to outer space heights during its Friday IPO.

A rocket liftoff-type explosion may occur on Friday when Goldman, Sachs lights up Wall Street with another potential blockbuster IPO.

Tonight, Goldman, Sachs with the assistance of co-managers Merrill Lynch, Robertson Stephens and Epoch Partners, plans to price 10 million shares of Corio (ticker: CRIO) at talk of $11-$13.

Corio Creating A Sensation

Why is there so much hype for just another deal? It's quite simple: Corio, based in San Carlos, Calif., is an enterprise application service provider that furnishes clientele with the various support services required for an Internet company to grow. Those services include application implementation, integration and various upgrade capabilities.

"Of the IPOs on the docket for this week, Corio may attract the most attention," said George Nichols, IPO analyst at Chicago-based fund-tracker Morningstar.com. "Investors who chase opening-day pops while ignoring financial losses will love this stock."

Corio offers software applications from PeopleSoft (ticker: PSFT) and SAP (ticker: SAP) for ERP, or enterprise resource planning. For example, some of its customers include BroadVision (ticker: BVSN) and Commerce One (ticker: CMRC).

Corio In Advantageous Position

Corio has a lot going in its favor, analysts are quick to point out. Cahners-In-Stat reports that record growth of firms that use ASPs will propel Corio and other companies in that market to higher ground. Cahners estimates that by 2004, more than 3 million small businesses will be utilizing ASPs, up from a projected figure of 136,000 in 2001.

"With market projections like these, it's no wonder that hundreds of ASPs are setting up shop," noted Nichols. "Although, many are expected to disappear in the next few years, Corio is no two-bit player."

Corio Making Inroads On Sector Players

Further, Internet Research Group, an Internet consulting firm gives Corio a shot in the application service provider market to overtake the biggest firms. Usinternetworking (ticker: USIX) boasts 36% of the market while Breakaway Solutions (ticker: BWAY) holds 16%. Currently, Corio has 9% of the market.

One Corio Liability

However, one problem that could deter some small investors from looking at the deal is its financial situation. For the quarter ended March 31, 2000, revenues hit $1.1 million while losses checked in at $28.5 million.

Clearly, analysts are concerned by the negative figures on the income statement. One area that could hurt the firm concerns loss growth, analysts say. For example, during the quarter ended March 2000 losses checked in at $28.5 million, while for all of 1999 losses were $45 million. The problem stems from Corio's business model, which requires enormous cash to grow.

A Corio Counterbalance

Even so, Corio counterbalances the above by possessing another quality favored by analysts, and one that's currently very-much-in-vogue in Wall Street circles: the presence of high-profile venture capital investors. A glimpse at the firm's principal stockholders section reveals a venture capital base similar in potential to the batting order of the New York Yankees: explosive.

Kleiner Perkins Caufield & Byers is the firm's largest holder with a post-IPO stake of 23.5%, while affiliates of Ernst & Young maintain a 9.5% stake. Other high-profile investors include Norwest Venture Partners and Dell USA, the investment arm of Dell Computer (ticker: DELL).

"Corio's shareholders should be prepared to wait years for the company to turn a profit," concluded Nichols. "But these [venture capital investors] folks can afford to be patient; some of them are already big winners, having purchased shares at $0.47 each."

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To: Bald Man from Mars who wrote (6083)7/21/2000 2:52:51 PM
From: hotlinktuna
   of 24256
 
LOL.....sunny Mesa! Man did you see DCTM today? OUCH! 59 down about 30 bucks! I put it on my watch list...sold my ASTT and took a gain on some ENR again...tuna

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To: HandsOn who wrote (6089)7/21/2000 2:55:43 PM
From: hotlinktuna
   of 24256
 
Thanks Hands! VNTR and DCTM are surely getting creamed! I have both on my watch list....not doing too well today, but then neither is the overall market.....tuna

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To: SirRealist who started this subject7/21/2000 3:02:04 PM
From: hotlinktuna
   of 24256
 
VASO just crossed at 4 13/16....ouch! tuna

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