Message-ID: <16361149.1075840990947.JavaMail.evans@thyme> Date: Mon, 14 Jan 2002 21:01:33 -0800 (PST) From: newsletters@123jump.com To: alewis@enron.com Subject: ISN Ones to Watch: A Visit To HQ In South Beach Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: "Internet Stock News" @ENRON X-To: alewis@enron.com X-cc: X-bcc: X-Folder: \ExMerge - Lewis, Andrew H.\Deleted Items X-Origin: LEWIS-A X-FileName: andy lewis 6-25-02.PST INTERNET STOCK NEWS [tm] http://www.123jump.com ISN Ones to Watch 1/14/2002: A Visit To HQ In South Beach _______________________________________________________________ TABLE OF CONTENTS 1. Overall Sentiment 2. Observations 3. A Visit To HQ In South Beach 4. Sonny T. Crosses The Line 5. Comment Welcomed ---------------------------SPONSOR---------------------------- New FREE Report. "Armadillo Stocks: 5 Investments That Win By Never Losing" shows how to make BIG PROFITS without big risks. It's FREE. Nothing to buy, try or cancel. Click here: http://www.ppi-orders.com/index.htm?promo_code=0ZX138 -----------------------------***------------------------------ 1. Overall Sentiment The popular averages traded higher in the first five days of the market week for Jan. 7-11, confirming the so-called January Barometer that says that if the first five trading days are positive, then this bodes well for the remainder of the year. This doesn't mean that the popular averages won't experience one or two relatively serious stumbling blocks by the end of the last trading session of 2002. During the past five days, the Standard & Poor's 600 Small Cap Index reached an all-time high, giving further confirmation that small cap stocks will reward investors in 2002. But what about the Big Cappers such as Microsoft, IBM, Sun Microsystems, Cisco Systems? In my view, I figure these companies won't surprise Wall Street by announcing that they've entered into Chapter 11 bankruptcy the way Enron and Exodus Communications did in 2001. Of course, the speculators went after Enron and Exodus after the bad news, figuring this is where we can make a double, triple, much less God knows how rich we can get if these companies actually come back from the abyss. If this is all Wall Street has to offer in the year 2002: speculating in busted companies and forget about an economic recovery and all that such a concept implies, then let's hope that more companies go bankrupt. In other words, you buy them at 0.035 a share and sell them at 0.07 a share and you've doubled your investment. Still, that's a double, and who can argue with that? Speaking of doubles, a lot of beaten up Internet stocks from the 1998-2000 Era have doubled off the lows since the 9/11 Attack on America. But will they be the 10-Baggers of 2002? 2. Observations The price for a gallon of regular gasoline remained the same: $1.07.99, since my last once-a-week taxi ride to the supermarket. Despite the attempts of OPEC to create a bull market in oil futures, the February contract for West Texas Intermediate Crude that trades at the New York Mercantile Exchange went out at $19.68 a barrel on Friday, Jan. 11. On Friday, Jan. 4, the nearby contract closed at $21.62 a barrel. That meeting between President George W. Bush and Russian Premier Vladimir Putin last December is having its effects on the international crude oil markets. In my view, we're still dependent on oil and natural gas to keep the U.S. economy humming, much less the rest of the world. 3. A Visit to HQ In South Beach This newsletter will be relatively short by default. I was scheduled to show up at 123Jump.com headquarters at 407 Lincoln Rd. in Miami Beach on Monday afternoon, Jan. 14. My CEO, Manish Shah, phoned me Friday evening, Jan. 11, with instructions that I show up in Miami Beach sometime Sunday, Jan. 13. This is a situation of "you gotta do what you gotta do." I want to apologize for not providing more "insight" that some readers think I seem to possess in this week's newsletter. I compile the basic outline for this newsletter over the weekend and then finish it on Mondays prior to publication on Tuesday. 4. Sonny T. Crosses The Line In my regular e-mail and telephone conservations with Sonny T., the former International Business Machines employee turned full-time trader, I have learned that he is filing with the Internal Revenue Service for full-time trader status. That is a major step. Basically, what it amounts to, for better or for worse, is that one says, "I am a trader." Still, as we all know, that climb up the mountain begins with that first step. ---------------------------SPONSOR---------------------------- New FREE Report. "Armadillo Stocks: 5 Investments That Win By Never Losing" shows how to make BIG PROFITS without big risks. It's FREE. Nothing to buy, try or cancel. Click here: http://www.ppi-orders.com/index.htm?promo_code=0ZX138 -----------------------------***------------------------------ 5. Comment Welcomed A resident of Wilmington, NC, Dave Jennings performs market research for Ticker magazine, a monthly publication for financial professionals. Dave enjoys reader comment and replies to all e-mails. He can be reached at djennings@ec.rr.com or djennings@ticker.com. --------------------------------------------------------------- INTERNET STOCK NEWS (ISN) (c) 2001 Disclaimer: The material herein is for informational purposes only and should not be deemed an offer or solicitation on our part with respect to the sale or purchase of any securities. http://www.123jump.com/disclaimer.htm --------------------------------------------------------------- -------------------------------------------------- You are currently subscribed to Internet Stock News Weekly as: alewis@enron.com To Cancel your subscription please go to: http://123jump.com/confirm.htm?listid=117996&mid=115298 To Change your subscription please go to: http://123jump.com/letters.htm?S=L&email=alewis@enron.com