Dateline: 02/14/00
| Canadian Internet Index | Index | Software | E-business | E-commerce |
| Feb. 4, 2000 | 1651.0 | 1437.5 | 1938.2 | 1225.1 |
| Feb. 11, 2000 | 1793.8 | 1419.5 | 2057.9* | 1489.5# |
* without BCE Emergis - 2130.4
# without
TD Waterhouse - 2627.7
Despite a downturn in the market on Friday, Net Stocks still are hot. There were 39 stocks on our list making double digit advances this week, although there seems to be a turnover in which stocks make the list from week to week. Only twelve of them are in a second or more consecutive week of large gains. And although I haven't analysed it in detail, it seems that strong advancing stocks that drop back for a week or two, subsequently advance again. The popularity of "buying on dips" certainly is encouraged by such a turn of events.
In any event, those analysts who believe the Internet "bubble" is poised to explode are being foiled in their predictions by today's optimistic investor mood. There's a saying that one shouldn't argue with the market. So I make no predictions about where the market will go in the future. I observe where its been and report the facts here.
Regardless of the broad market, there will always be some stocks that consistently seem to outperform the market. Currently they include such stocks as BCE, Nortel, Certicom, Informission, Sierra Wireless, Infowave, Unique Broadband Systems and many others. They are stocks that are in the vanguard of the Internet and telecommunications revolution. A revolution that is, in my opinion, still in its infancy.
Now on to this week's report.
We added 7 more stocks to the ones tracked and removed one which is no longer trading on a Canadian exchange, bringing the total to 113 this week. 49 of them moved by 10% or more this past week. Of these, 11 were decliners and 38 were advancers. To see the Movers & Shakers as a pop-up chart, click the button. To see it as a separate page with the discussion on the same page, click here.
We've put up the new numbers for our Internet Index. You'll also find the complete weekly and YTD changes for all the stocks on our Movers & Shakers Master List. You'll also find new additions to our Yankee List and our Penny List.
Canadian
Internet Index
Canadian Internet
Penny Stock List
Yankee Stock
List
Billion Dollar
Babies
Movers &
Shakers Master List
There is no new profile this week as other commitments are occupying my time right now. But a new profile (maybe two) will come this way next week. Meanwhile, our top performer was profiled previously and is linked below.
Comments? Suggestions? Why not post them on our Bulletin Board or email me.
E-mail me!
ZZZNEWSLETTERSIGNUP1ZZZ
02/10/00 - A is
for Annual Earnings Increase
The second installment in our CANSLIM series looks at the
importance of year over year earnings growth.
02/07/00 - Medcomsoft.com
Continues to Soar
Can you believe it? A stock making triple digit gains
for the second week in a row?
02/03/00 - C is
for Current Quarterly Earnings per Share
First segment in our CANSLIM series looks at the importance of
quarterly earnings and some pitfalls to avoid.
01/31/00 - Ups and
Downs
Our weekly Internet Movers & Shakers Report looks at a topsy
turvy market.
01/24/00 -
Convergence is Here!
Well, sort of. We're still making some last minute adjustments to
it.
Copyright Notice: The mail graphic was taken from Icons For HTML and is believed to be in the public domain. Please advise me if that is not the case.