DayTrading International Announces Investment Opinion on Various Companies.KIRKSVILLE, Mo.--(BUSINESS WIRE)--July 2, 1999-- With the close of the 2nd Quarter, DayTrading International members took big profits in Yahoo Inc, Allaire Corporation Allaire Corporation was a computer software company founded by Jeremy and JJ Allaire in Minnesota, later headquartered in Cambridge, then Newton, Massachusetts. It commenced operations in May of 1995, had its initial public offering on NASDAQ (trading as ALLR) in January 1999, and , At Home Corporation, Ameritrade Holdings and Wit Capital Group. DayTrading International (http://www.daytradingintl.com) has continued to provide it's members with extraordinary profits in the 2nd Quarter. With a continued 85% accuracy, DayTrading International's Live Trading Room The notion of "trading room" (sometimes used as a synonym of "trading floor", see below) is widely used in financial markets to refer to the office space where market activities are concentrated in investment banks or brokerage houses. has gained tremendous popularity and is fastly becoming one of traders' top services. Here are a few examples of big plays called this past quarter: The biggest point winner this quarter was Yahoo Inc. (Nasdaq: YHOO YHOO Yahoo! Inc. (NASDAQ symbol) ) which was called a buy on 6/11 at 137 1/2 and hit 146 1/2 the same day, but by the 30th YHOO was at 178 3/8 for a total of 41 points!! Members also took big profits in Real Networks (Nasdaq: RNWK RNWK Real Networks (stock symbol) ) on 6/4. It was called a buy at 61 1/4 and by the close of the next day was up to 70 1/4 for a 14% gain. Members also scored some big gains with a few on-line brokerages like Ameritrade Holdings (Nasdaq: AMTD AMTD Arithmetic Mean Temperature Difference AMTD Automatic Magnetic Tape Distribution AMTD Affordability and Manufacturing Technology Demonstration ) and the IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. Wit Capital Group (Nasdaq: WITC WITC Wisconsin Indianhead Technical College ). AMTD was called a buy on 6/2 at 74 3/4 and rocketed to 91 5/8 within the same session giving members 17 points and by the end of the month was up to 108, for a 44% gain! Another new issue, Wit Capital was called a buy at 15 7/16 on 6/24. By 6/29 the stock had risen to a high of 38 for a 22 point gain. A few other IPO's that DayTrading International members took part in were DrKoop.com Inc. (Nasdaq: KOOP) on 6/8, GoTo.com Inc. (Nasdaq: GOTO) on 6/23, and ELoan Inc. (Nasdaq: EELN) on 6/29. They were called buys at 12 5/8, 26, and 24 respectively. KOOP went as high as 24 1/4 the following day for an 8 point gain, GOTO rose as high as 39 1/2 for a 51% gain, and EELN rocketed to a high of 51 giving members over 27 points profit in only a few hours. DayTrading International was also bullish on At Home Corp. (Nasdaq: ATHM ATHM Excite@Home (NASDAQ symbol) ATHM Alternative Therapies in Health and Medicine ATHM American Textile History Museum (Lowell, MA) ), Concentric Networks (Nasdaq: CNCX) and Allaire Corp. (Nasdaq: ALLR). They were called buys at 84 3/4, 29 3/8, and 42 1/4 respectively. Over the next few days, CNCX ran up over 5 points, ALLR gained over 26 points, and by the end of the month ATHM rose over 37 points for a 43% gain. But the biggest winner of the month was Mail.com Inc. (Nasdaq: MAIL). DTI Diffusion tensor imaging (DTI) A refinement of magnetic resonance imaging that allows the doctor to measure the flow of water and track the pathways of white matter in the brain. traders called the stock a buy at 9 1/8 on 6/18. Within the next week the stock blasted off and reached a high of 21 3/8 for over a 130% gain! "While IPO's are very high risk, they offer huge potential rewards in a very short period of time," says Senior Editor, Mike Chrisman. DayTrading International (http://www.daytradingintl.com) is a web-based financial service focusing strictly on the short-term trading of stocks. Their recommendations are based upon fundamentals, news and technical analysis. DayTrading International staff with over 17 years of experience, provide their membership with two morning newsletters (the Daily Picks Newsletter and the Small Caps Newsletter) and the Live Intraday Alert Service (the Trading Room) that produce substantial results within very short periods of time, while keeping risk to a minimum. For further information about DayTrading International or to take part in their 2-week free trial of the morning newsletters and the Trading Room, visit them on the web at http://www.daytradingintl.com. |
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