A selection of some of the more intriguing stock newsletter suggestions on the Web. The items presented do not represent the views of


; rather, the collection is offered as a service to our members who may be scanning the Web for stock-related information.

Marriott International

Mark Greenberg

(March 19)

Marriott International

(MAR) - Get Report

"has one of the best brand names in the hotel industry," says Mark Greenberg of


Invesco Strategic Leisure Portfolio. A proliferation in hotel construction will die down by 2001 and 2002, leaving Marriott in a position to capitalize, he forecasts.

Marriott is part of the spurt in construction. It is adding a large number of rooms in 2001 and 2002, and Greenberg expects this to propel earnings growth over the next five years. The increase in rooms is, naturally, putting pressure on pricing, but rising interest rates will put a stop to the construction, he predicts.

Greenberg estimates Marriott will earn $1.65 per share this year and $1.95 in 2000. He says the stock could hit 55 in the next year. It currently trades around 37.

More information can be found at:



William Schaff


The enterprise resource planning software market has been a tough one recently, due to a conviction by the market that while companies are dealing with the Y2K bug, they will put ERP projects on the back burner. The stocks of the biggest ERP companies,


(SAP) - Get Report





J.D. Edwards


, all are at half their 52-week highs or less. It has been really hard on a smaller concern,


, a Dutch ERP vendor that has the additional headache of dealing with internal chaos. Is all this too much for Baan to recover from? It's too soon to tell, says William Schaff, chief investment officer at

Bay Isle Financial

in San Francisco.

The company has been plagued by accusations of accounting irregularities. Some products allegedly were shipped to companies controlled by Jan and Paul Baan, owners of 25% of Baan, and counted as revenue before it was appropriate. Baan addressed the problem by buying the brothers' holding company, hiring a new chief executive and adding additional independent directors. Schaff says the company has addressed its most visible problems. It still remains that Baan has its core competencies in servicing the manufacturing sector, vertically integrating ERP software with back and front offices. The company brought in 374 new customers in the fourth quarter, boosting its customer list to 6,300 companies.

On the other hand, the numbers look pretty bleak. Fourth-quarter revenue was down 39% in 1998 from the previous year. Even after excluding one-time charges, the company recorded an operating loss of 47 cents per share. The stock is cheap, and the company could well claw its way back. But, says Schaff, "I'd rather wait for evidence of a real turnaround, even if I have to pay a higher price later."

More information can be found at:


Petroleum Geo Services

Vivian Lewis


Norwegian oil services firm

Petroleum Geo Services


has faced some steep costs in the last couple of years. But its superior data-collection abilities and the fact that all these costs are already factored in to the stock makes this company a good buy, says Vivian Lewis of

Global Investing


The biggest expense for PGO was an offshore production platform that it brought on line in the last year, despite hefty production-delay penalties. But the additional $120 million in revenue made the venture a positive one even after factoring in the penalties.

Increases in its fourth-quarter revenues to $211.3 million and a 48% rise in net income to $37.8 million are real positives for PGO, says Lewis. They help balance out the expenses of acquiring

Acadian Geophysical Services

(bought just before the bottom dropped out in Gulf of Mexico drilling). Because these moves were financed with 6.4 million new shares being issued, whatever profits that survived were spread thinner on a per-share basis. To appease investors, PGO will reduce data capacity to match market demand, write off $29 million in assets, lay off 10% of its staff and swear off new debt issuance for the near future.

The positives are that PGO offers the most advanced and well-priced seismic survey data, says Lewis. Analysts seem to be confused by all the conflicting numbers, and indeed the next year for PGO doesn't look great, but the long term does. "The case remains strong," says Lewis. "Buy opportunity."

More information can be found at: