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OTC Journal
October 22, 1999	Volume II, Issue 50

Email : info@otcjournal.com
URL : http://www.otcjournal.com

To OTC Journal Members:

Market Comment

It seems as if everyone on Wall Street is celebrating Holloween early this year masquerading as Death of the Equity Markets, and enjoying the usual October blood bath.

In truth, our little universe of small and microcap stocks have been selling off since mid July. This is normal in market cycles, and to be expected. There is a silver lining. We are seeing almost no sell-side pressure in any of the issues that we follow and report on. It seems that every one that was going to sell has done so, and stocks are making excellent bottoms. The absence of buyers is the only thing holding many stocks down. When buy side volume returns small stocks should trade up very well.

For what it's worth, we think that the remainder of this year will be choppy and volatile to the downside, which sets us up for a great year in 2,000. We believe that the year 2,000 will be outstanding for stocks across the board, including large, small, and microcap stocks. Aggressive investors should start accumulating their favorite stocks for a strong rebound. Year 2000's profits are made by investing today. Sir John Templeton, considered one of the fathers of the mutual fund industry, said "I always made the most money when I bought at the point of maximum pessimism".

Not allowing adverse market conditions to affect your thinking about the positions you hold is a key component in long-term investing success. Our monthly columnist, Dr. Richard Geist (HARVARD PhD) has written an excellent article this month entitled THE EMOTIONAL IMPACT OF SHORT SELLERS ON INVESTORS . This is a MUST READ for all investors.

In order to access this column, either go to our home page at www.otcjournal.com and click on Dr. Geist's button, or click here to go directly to the article.

Crayon Crawler and 1st Net Update

There were two press releases issued yesterday by our parent company, 1st Net Technologies (OTC BB: FNTT). As always, we remind you that any thing we print about 1st Net should be considered self-serving and a conflict of interest.

Both news releases concern the Crayon Crawler, 1st Net's exciting new browser designed to protect kids from the dangers of the Internet. The Crayon Crawler is a product that we believe will put 1st Net on the map, both on Wall Street and Main Street.

The first news release discusses the Federal Trade Commissions' final rule which implements the Children's Online Privacy Protection Act of 1998, making a formal acknowledgment once again of the need to safeguard children on the burgeoning Internet.

As of April 21, 2,000, this new law will require certain commercial web sites to obtain parental permission before collecting any data on children. Once installed and in use, the Crayon Crawler browser has the effect of enforcing this law. To read the full text of this press release, simply click here, and a web page will open with the release.

The second news release is designed to make investors aware that 1st Net plans to unveil the final commercial version of the Crayon Crawler at the upcoming COMDEX Fall '99 show in November.

COMDEX is the largest computer and electronics show in the world. It is always held in Las Vegas, and this year's event is November 15th to 19th at the world famous Las Vegas convention center. The keynote speaker is Bill Gates, infamous founder of Microsoft (NASDAQ: MSFT). It is estimated that 750,000 people go to Las Vegas every year for COMDEX. There is an enormous amount of media coverage on new products at this convention.

The Crayon Crawler will be formerly introduced for commercial use at the show. The Crayon Crawler will be featured at booth No. L1413. To read the full text of the press release, simply click here.

Special Offer to OTC Journal Members

We know that many of our members are shareholders of 1st Net, and that many invested on the basis of the potential of the Crayon Crawler.

1st Net has purchased 2,000 extra tickets for the COMDEX show, and we are going to give them away to the members of the OTC Journal on a first come, first serve basis, limit two per request. They are valued at $100 each.

If you wish to attend this world famous convention and would like free tickets simply e-mail mpatricio@1stnettech.com, or click here and an e-mail should automatically pop open. Put in your name, address, and phone number, and the tickets will be mailed to you. Remember, this is a first come, first serve basis.

Links to Free Downloads

Disclaimer

The OTCjournal.com Newsletter is an independent electronic publication committed to providing our readers with factual information on selected publicly traded companies. All companies are chosen on the basis of certain financial analysis and other pertinent criteria with a view toward maximizing the upside potential for investors while minimizing the downside risk, whenever possible. All statements and expressions are the sole opinions of the editors and are subject to change without notice. This profile is neither an offer nor solicitation to buy or sell any securities mentioned. This newsletter is owned by SSP Management, Inc, a wholly owned subsidiary of 1st Net Technologies, Inc ("1st Net"). While we believe all sources of information to be factual and reliable, in no way do we represent or guarantee the accuracy thereof, nor the statements made herein. The editor, members of the editor's family, and/or entities with which they are affiliated, may own stock in and have other financial dealings with the companies who appear in the publication. To that degree, this newsletter should not be regarded to be an independent publication. The OTCjournal.com critiques may contain forward looking statements relating to the expected capabilities of the companies mentioned herein.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF THE EDITORS OF OTCjournal.com.

We encourage our readers to invest carefully and read the investor information available at the web sites of the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com. We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at http://www.sec.gov/consumer/cyberfr.htm. Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.