Enron Mail

From:listsupport@internet.com
To:alewis@ect.enron.com
Subject:ISR Morning Report - June 4, 2001
Cc:
Bcc:
Date:Mon, 4 Jun 2001 06:17:58 -0700 (PDT)

Morning Report for Monday, June 4, 2001

http://www.internetstockreport.com/column/article/0,1785,1661_777431,00.html



/-------------------------------------------------------------------\

**JOB SECURITY -- CAREER GROWTH -- CHALLENGING POSITIONS**
The internet.com Careers Channel is powered by dice.com,
the leading online Information Technology (IT) job board.
Whether you need to start your new job today, are
searching for your dream job, or are just wondering what
your skills are worth, you'll find the tools you need to land
your next great job. Don't wait any longer!
http://www.internet.com/sections/careers.html

\--------------------------------------------------------------adv.-/

Winners and Losers

By Paul Shread (mailto:pshread@internet.com)

June 4, 2001 - After April's stunning gains that continued right up until
late May, the Nasdaq and ISDEX somehow managed to finish the month of May
unchanged.

After peaking at 2328 on May 22, the Nasdaq fell 9% to end the month at
2110, six points lower than where it began the month. And the ISDEX
dropped 16% from its May 22 peak of 302 to close May 31 at 252, four
points lower than where it traded on May 1.

Under the circumstances, it's not surprising that there were only three
ISDEX stocks (out of 50) that ended May with price changes of greater than
30% from where they began the month. But the stock that topped the index
in May was a surprise: financial services applications firm S1
(NASDAQ:SONE) soared 58% after topping earnings estimates and predicting
that it will be in the black on an EBITDA basis by the end of the year.

The other two big ISDEX movers were to the downside. Portal Software
(NASDAQ:PRSF) plunged 39% on an earnings warning, and former high-flyer
Ariba (NASDAQ:ARBA) lost 31% on concern about the viability of its
business model. The number five loser in May was also a B2B stock,
Commerce One (NASDAQ:CMRC), which dropped 28%. The struggles of Ariba and
Commerce One make i2 Technologies' (NASDAQ:ITWO) 15% gain last month worth
noting.

Another surprise in May was that the bottom of the list was populated by
stocks that until recently were - or still are - thought of as leaders.
Palm (NASDAQ:PALM) lost 29% in May on an earnings warning, but rebounded
smartly Friday on management assertions that business is improving. And
Juniper Networks (NASDAQ:JNPR), one of the greatest performers in
1999-2000, also lost 29% in May, as worries about the abysmal state of
telecom equipment spending began to spread to the stocks whose
fundamentals are still holding up.

On the upside, resurgent GoTo.com (NASDAQ:GOTO) came in second in May with
a gain of 28%. On top of the stock's 141% gain that led all ISDEX stocks
in April, the pay-per-click search service bears watching.

Rounding out the rest of the top five were: takeover candidate Ameritrade
(NASDAQ:AMTD), up 26%; Vignette (NASDAQ:VIGN), up 22% on optimism over new
products and positive analyst comments; and eBay (NASDAQ:EBAY), up 20%,
the one dot-com that has not only survived, but thrived.

Finally, a quick technical look at the ISDEX. The index broke out of an
inverse head and shoulders bottom on April 18 (see chart below) at 227.
With a head at 159 and a neckline at 227, the index had 68 points of
upside potential, which it exceeded by 7 points at its 302 peak. To the
downside, 242 is first support, and 227 is critical support. To the
upside, key resistance is 300-302. If the index turns back in the 292
range, it could be forming a head and shoulders top.



Disclaimer: Neither internet.com nor the writers of this newsletter makes
specific trading recommendations or gives individualized market advice.
Information contained in this newsletter is provided as an information
service only. internet.com recommends that you get personal advice from
an investment professional before buying or selling stocks or other
securities. The securities markets are highly speculative areas for
investments and only you can determine what level of risk is appropriate
for you. Also, users should be aware that internet.com, its employees and
affiliates may own securities that are the subject of reports, reviews or
analysis in this newsletter. Although internet.com obtains the information
reported herein from sources that it deems reliable, no warranty can be
given as to the accuracy or completeness of any of the information
provided or as to the results obtained by individuals using such
information. Each user shall be responsible for the risks of their own
investment activities and, in no event, shall internet.com or its
employees, agents or affiliates be liable for any direct, indirect,
actual, special or consequential damages resulting from the use of the
information provided.

internet-stock-report-text Is Powered By http://By.SparkLIST.com/
SparkLIST delivers high volume fast and reliable email
newsletter outsourcing which allows you to focus on your
core business. Contact us: mailto:free-quote@sparklist.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Advertising: If you are interested in advertising in our newsletters, call
Frank Fazio on 1-203-662-2997 or send email to mailto:ffazio@internet.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For contact information on sales offices worldwide visit
http://www.internet.com/mediakit/salescontacts.html
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For details on becoming a Commerce Partner, contact David Arganbright
on 1-203-662-2858 or mailto:commerce-licensing@internet.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
To learn about other free newsletters offered by internet.com or
to change your subscription visit http://e-newsletters.internet.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
internet.com's network of more than 150 Web sites are organized into 16
channels:
Internet Technology http://internet.com/it
E-Commerce/Marketing http://internet.com/marketing
Web Developer http://internet.com/webdev
Windows Internet Technology http://internet.com/win
Linux/Open Source http://internet.com/linux
Internet Resources http://internet.com/resources
ISP Resources http://internet.com/isp
Internet Lists http://internet.com/lists
Download http://internet.com/downloads
International http://internet.com/international
Internet News http://internet.com/news
Internet Investing http://internet.com/stocks
ASP Resources http://internet.com/asp
Wireless Internet http://internet.com/wireless
Career Resources http://internet.com/careers
EarthWeb http://www.earthweb.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
To find an answer - http://search.internet.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Looking for a job? Filling an opening? - http://jobs.internet.com
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
This newsletter is published by internet.com Corporation
http://internet.com - The Internet & IT Network
Copyright © 2001 INT Media Group, Incorporated. All rights reserved.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For information on reprinting or linking to internet.com content:
http://internet.com/corporate/permissions.html
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
---
You are currently subscribed to internet-stock-report-text as: alewis@ect.enron.com
To unsubscribe send a blank email to leave-internet-stock-report-text-5597021I@list5.internet.com