Many Web Sites Offer Advice On Small Stocks Valuation Of Potential Stars Likely Less Than $1 Billion Now

For many new or small-time investors, the stock price for many large companies like IBM, Microsoft and American Airlines might prove a bit too much for their checkbooks to handle.

So where can one go to find Wall Street’s next rising star - the undervalued or overlooked stock that has a good long-term future?

The answer might lie in the so-called small-capitalization stocks.

The small-cap universe is typically comprised of companies that have a market value of less than $1 billion.

There are a number of places where you can go online to find out about small-caps, and pick up a few pieces of investing advice along the way.

Here’s just a few(all sites http://www. except Lone Star):

Next Wave Stocks

Web site: nextwavestocks.com

A good Web site that spotlights a selection of small-caps. It is maintained by the Core Communications Group in Great Neck, N.Y. You can also contact Core Communications via either e-mail at core(at)nextwavestock.com or by phone, 516-487-8322.

The Red Chip Review

Web site: redchip.com

Provides quotes, specialty reports and reviews of possible small-cap investment opportunities. This Web site is a fee-based service, with five different subscription rates. They rang from $99 for a one-year subscription to “Red Chip Highlights” all the way up to $1,249 for “The Red Chip Professional Subscription.”

For more information, you can e-mail them at Robins(at)RedChip.com or call 1-888-733-2447.

The Lone Star Growth Investor

Web site: //members.aol.com/LSInvestor/index.htm

Lone Star Growth Investors offers research and analysis of their choices of undervalued stocks, articles on stocks from other sources and a “Model Portfolio.”

The Napeague Letter

Web site: napeague.com

Another small-cap Web site that provides balance-sheet information on selected companies, small-cap news and corporate press releases.