Amateur hot stocks -- as appears
in Forbes Online, 1/25/99 (http://www.forbes.com/forbes/99/0125/6302082tab1.htm)
Below are the top 25 o-t-c (over-the-counter) stocks, in order of volume, in which marketmakers for on-line brokers recently traded. Note their growing influence in big companies like Dell and Intel.
| Company/TICKER | Stock price | On-line trading volume1 % |
November volume/ float % |
Price/ sales ratio |
Market value ($mil) |
|
|---|---|---|---|---|---|---|
| 12/31/98 | 1998 chg % | |||||
| Dell Computer/DELL | $73.19 | 249% | 24% | 13% | 6 | $93,024 |
| Amazon.com/AMZN | 107.08 | 966 | 33 | 184 | 40 | 16,938 |
| Egghead.com/EGGS | 20.81 | 220 | 45 | 465 | 2 | 508 |
| Netscape Communications/NSCP | 60.75 | 149 | 36 | 167 | 14 | 5,953 |
| Yahoo!/YHOO | 236.94 | 584 | 38 | 188 | 156 | 23,384 |
| K-Tel International/KTEL | 10.50 | 217 | 53 | 3,768 | 1 | 88 |
| Ciena/CIEN | 14.63 | -76 | 35 | 74 | 3 | 1,510 |
| Excite/XCIT | 42.06 | 180 | 39 | 550 | 18 | 2,170 |
| Books-A-Million/BAMM | 13.00 | 124 | 55 | 460 | 1 | 225 |
| Intel/INTC | 118.56 | 69 | 13 | 3 | 8 | 197,645 |
| Cisco Systems/CSCO | 92.81 | 150 | 13 | 3 | 16 | 145,995 |
| Microsoft/MSFT | 138.69 | 115 | 12 | 2 | 23 | 345,888 |
| Onsale/ONSL | 40.06 | 123 | 46 | 580 | 4 | 768 |
| Lycos/LCOS | 55.56 | 169 | 31 | 147 | 33 | 2,386 |
| Infonautics/INFO | 4.50 | 125 | 53 | 612 | 3 | 43 |
| Geron/GERN | 10.88 | 32 | 41 | 250 | 18 | 146 |
| Navarre/NAVR | 10.06 | 374 | 41 | 449 | 1 | 135 |
| Cyberian Outpost/COOL | 27.50 | 532 | 51 | 676 | 14 | 607 |
| eBay/EBAY | 241.25 | 1,2402 | 43 | 731 | 319 | 9,714 |
| PairGain Technologies/PAIR | 7.69 | -60 | 23 | 47 | 2 | 544 |
| EarthWeb/EWBX | 38.88 | 1782 | 49 | 1,122 | 135 | 307 |
| Applied Materials/AMAT | 42.69 | 42 | 13 | 6 | 3 | 15,690 |
| Cdnow/CDNW | 18.00 | 132 | 40 | 551 | 7 | 318 |
| N2K/NTKI | 13.06 | -11 | 39 | 198 | 6 | 186 |
| Open Market/OMKT | 11.69 | 21 | 36 | 174 | 6 | 409 |
| 1Trades from Mayer & Schweitzer, Knight Securities and Island as a percentage of total monthly volume. 2Based on offer price. Sources: Interactive Data & Market Guide via FactSet Research Systems, Inc.; Nasdaq. | ||||||