To OTC Journal Members:

Next week could be very exciting. If things go according to schedule we should have a Trading Alert for you after the market closes on Wednesday, major news on one of our favorite companies on Tuesday, and our first formal profile since June will be released on Friday. We have been waiting for October to get rolling with profiles again, and even though the market will continue to be choppy through October better days should be ahead in November. We have been saying this all along, and now is the time to be looking at undiscovered companies. Thanks to the market we have our choice of some great opportunities in profitable companies that are very attractive at today's levels.
 

Envoy Communications (NASDAQ: ECGI; TSE: ECG)

The price of this stock is ridiculous. When Wall Street discovers this company it is all over. We believe Envoy Communications is a $20 stock at some point in the future. We just don't know where it will go between now and then, and how long it will take. When you compare the valuation of Envoy against its peers the stock is grossly undervalued on the basis of earnings, sales, and market cap.

However, rather than listen to us, why not hear it directly from management. This weekend's edition is an audio interview with Geoff Genovese, the President and CEO of Envoy Communications. Simply click on the link below and listen to the interview assuming you have speakers on your computer. You need the Real Player Plug-In to hear the interview. If you don't have it there is a link to download Real Player and an FAQ link. If you are an AOL subscriber you must go to the link at the top of this page click on it. Then listen off the web page version that automatically opens. Listen to the interview, then make up your own mind about the company.

Click Here to Download the Free Version of Real Player
Click Here for FAQ's on Real Player
 

Click Here to view our compensation on every company we have ever covered, or visit the following web address:  http://www.otcjournal.com/disclaimer.html for our full profiles and http://www.otcjournal.com/trading-alerts/disclaimer.html for Trading Alerts. SSP Management, the former owner of the OTC Journal, has been paid a one-time fee of $50,000 for representing Envoy Communications for a period of one year. The fee has been paid by BG Capital Group acting on behalf of Envoy Communications. The contract expired in July 2000.

All statements and expressions are the sole  opinions of the editors and are subject to change without notice. A profile, description, or other mention of a company in the newsletter is neither an offer nor solicitation to buy or sell any securities  mentioned. 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, are forbidden by company policy to own, buy, sell or otherwise trade stock for their own benefit in the companies who appear in the publication.

The profiles, critiques, and other editorial content of the OTCjournal.com 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.govand/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.