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Each and every week at 7:00 PM EST on Sunday, Stockprowler will bring you his latest hot stock pick of the week ...free on the Web! Stockprowler uses state of the art technology to look under the rocks and find those little stocks with the potential to make the BIG moves. Stockprowler screens primarily NYSE, AMEX, and NASDAQ stocks trading around $3 or under. These stocks offer considerable leverage at minimal cost. It is not uncommon for these stocks to make moves of 30%, 50%, or more. Please read our disclaimer before trading in any stocks mentioned on this Web site. So are you ready? Here's the Stockprowler report for the week of Monday, March 13, 2000: |
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Last week's pick CAMB climbed as high as 4 5/8 before pulling back and closing out the week at $2.09. Interestingly, CAMB traded in a very tight range the last 3 trading days… News is just out today that CAMB has been awarded a project with Hewlett-Packard Malaysia. Click here to read the press release. CAMB is in a hot sector and its strategic alliances with Hewlett-Packard and Oracle have only just begun to open doors around the world for Cambio, Inc. Our runner-up pick last week, LGF (Amex), traded as high as 4 1/8 and closed the week out at 3 1/4… albeit on diminishing volume. With the expected release of as many as 15 films this year, including potential blockbusters "The Big Kahuna" and "American Psycho", this already profitable company is headed for the big time. $3.25 a share and trading on the Amex…you don't find many like this. Five previous picks hit new highs this week: ICOM, PAGE, VDC, CVCL, and MOOR. Check out the Stockprowler Scoreboard for a complete update on all of our picks. Stockprowler.com would like to issue a watch on Simtek Corporation (SRAM:OTC:BB). Though trading somewhat higher than stocks we normally report on, it is our opinion that Simtek's proprietary non-volatile static random access memory (NVSRAM) chips have huge potential. SRAM closed Friday at 4 1/8. And now the Stockprowler.com pick of the week… Internet Business's International. Inc. (IBUI:OTC:BB)
Internet Business's International, Inc. (IBUI) is a very unusual pick… an Internet company that is profitable (albeit a small profit - $24,565 for six months ended 12/31/99) and that is trading at only $1.18. IBUI is a diversified Internet based business offering nationwide ISP connection and hosting services as well as operating a number of eCommerce Web sites in a variety of Internet market areas. Its core business is the LA Internet subsidiary. LA Internet is a full-service ISP (Internet Service Provider) offering super-fast DSL (Digital Subscriber Line) connections which allow customers to work the Internet at speeds up to 50 times faster than with a standard modem. LA Internet service is now available in Southern California and will soon be available in 51 of the largest metropolitan areas across the United States. LA Internet user rates start at a very competitive $39.95 (business rates start at $84.95). DSL technology takes advantage of existing telephone lines allowing customers to simultaneously make phone calls and access information/data via the Internet without an additional phone line. While regular phone calls are transmitted at relatively low frequencies, DSL data is transmitted over the same line at much higher frequencies. Voice and data are separated by means of a splitter device placed in your home or office. The splitter sends voice transmissions to the telephone, and the digital data transmissions to the DSL modem. DSL is an always-on service eliminating the need for time consuming dial-ups typical of standard analog modems. Also, DSL provides a clean, continuous Internet connection allowing the user to listen to CD-quality audio or watch real time streaming video. As part of its plan to expand LA Internet nationwide, IBUI announced on March 2, 2000 that it has contracted with Sun Microsystems, Inc. to upgrade LA Internet's facilities with Sun's Enterprise server computers. In addition to its DSL service, LA Internet provides comprehensive Web-hosting and Web design services to business customers allowing them to establish and maintain a presence on the Internet. On March 6, 2000 IBUI announced that it acquired Allstates Communications, Inc., currently the major marketer for Alltel Cellular, one of the largest cellular companies in the U.S. Allstates Communications, Inc. will handle the marketing for LA Internet's nationwide rollout. IBUI also has a number of eCommerce Web sites either operating or in various stages of development/beta testing. These include: Net2Loan.net, Realty-Solutions.com, Optical-Brigade.com, and online auction site, AuctionWinner.net. IBUI recently entered into advertising agreements with Microsoft's MSN and Excite@Home Corporation to promote its Web offerings. In addition, IBUI's acquisition of Allstates Communications, Inc. should provide the marketing muscle to kick-start the eCommerce sites. IBUI closed up Friday at $1.18 on 3,071,700 shares. It is the opinion of Stockprowler.com that IBUI is significantly undervalued when compared to other companies in the same sector. Indeed, if IBUI is successful in its LA Internet rollout and/or IBUI's eCommerce sites catch fire, IBUI would be very attractive to the big players. There is already buzz that IBUI may have signed a deal with a "major DSL backbone" which probably explains why IBUI is advertising very competitive rates for LA Internet's DSL service. Good trading… Stockprowler |
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