Newsletter

April 20, 2005

Volume VI, Issue 38

Home Page : www.otcjournal.com
Email Questions or Comments To: editor@otcjournal.com

To OTC Journal Members:

Comments in the BLOG

There's a new BLOG posting on AMW, and I'm sure there will be some choice comments from shareholders on that mess. I decided to publish an edition with some comments on NWKI, rather than a BLOG. You'll find it below.

To use the BLOG, simply go to the home page at www.otcjournal.com - the BLOG will scroll down automatically on the right side of your screen. The most current journal entries appear in the middle of your screen. Check back frequently for updates particularly when stocks are moving to overbought or oversold levels or in volatile markets. Your questions and postings do not automatically appear, so don't bother posting the same question multiple times. I personally go through to moderate and respond to every question.

NetWork Installation (OTC BB: NWKI)

NetWork Installation has received a severe drubbing by the market over the last few weeks. At the end of March, the stock was trading quietly in the $2 range, causing little or no discomfort for shareholders.

Over the last three weeks the stock has succumbed to a low volume capitulation- it started trading poorly, and then just kept drifting down on a daily basis. There hasn't been a lot of stock for sale, just a shortage of buyers.

If feels a lot like May and June of '04 when nearly all microcap stocks got beaten down in a similar environment. In '04 it was the war with Iraq and the uncertainty of the Presidential election. Today it's high oil prices, fears of inflation, and rising interest rates.

Investors would be served well by looking at last year's chart. Note the prolific drop from late April through to mid August. The stock made a low of about $.85 in that sell off.

Perhaps my article from April 2nd, entitled Short Term Traders Stay Out, helped exacerbate the situation. If you didn't read that edition, click on the link and read it now. I advised everyone who wasn't prepared to hand in there in a tough market to sell their stocks and get out. After reading it, a bunch of you probably sold and did get out. It was good discipline if you prefer a more short term trading strategy.

A couple hundred thousand shares of volume could take this stock right back up. We could have deja vu all over again if you look at what happened last summer once the stock made its low.

If you had the courage to buy at the August low last year, the stock yielded you a 164% return within two months.

There are several big differences this year.

The former CEO of Pac Tel is now running the company. This guy took Pac Tel from $100 million to $1 billion in sales. PacTel became Airtouch, which became Verizon.
The company had the highest backlog in its history as it turned the corner into 2005.
NWKI is now bidding on much larger scale jobs as it's new Union approved subsidiary is qualified for large scale projects.

The stock made a low of about $1.20 and has started to bounce. March and April have turned into last year's May and June. I don't believe we will even come close to match last year's low.

NWKI just announced another major contract win yesterday. There is a possibility we could be looking at a V shaped bottom. This stock could be setting up for a good trade, but is certainly a buy for those investors willing to wait for the stock market to turn its attention back to the massive wi-fi access infrastructure build out.

Bob Eubanks Hits the Road For NeWave (OTC BB: NWAV)

I covered NeWave's year end numbers earlier this week. They were excellent, and the company continues to grow.

I fully expect the wave to get bigger and start to gather momentum this summer. Here's the kickoff.

Just after the market closed today, NeWave put out the press release you can read below. National Spokesperson Bob Eubanks will be broadcasting nationwide on Tuesday, April 26th. He will be talking about NeWave's products and services in advance of the nationwide roll out of their infomercial.

I wanted to make sure everyone checked the schedule in their local market so you could either view it or set your Tivo. Here is the news release:

Press Release Source: NeWave, Inc.

NeWave Launches Nationwide Media Campaign With Spokesman Bob Eubanks

Wednesday April 20, 4:37 pm ET

LONG BEACH, Calif., April 20 /PRNewswire-FirstCall/ -- NeWave, Inc. (OTC Bulletin Board: NWWV - News) today announced that the Company's celebrity spokesman, Bob Eubanks, will be featured on multiple television interviews nationwide on Tuesday, April 26, 2005. The interviews will be hosted at Pacific Television Center studios in Los Angeles, CA and be broadcast nationwide to an estimated 5 million viewers.

The purpose of the campaign is to begin a full scale outreach of consumer awareness and branding of the NeWave concept. The interviews are part of a broader national advertising campaign to be followed later this summer with the broadcast of NeWave's inaugural infomercial. Mr. Eubanks will be promoting the features and benefits of membership in NeWave subsidiary Onlinesupplier.com, which offers a turn key ecommerce solution for operating a successful online business.

The interviews will be aired live or taped (Pacific Standard Time) on the following programs:

CHICAGO WBBM (CBS) CBS 2 News This Morning 6:40-6:45 AM
with Bill Zwecker (Taped)

     GREEN BAY      WLUK (FOX)   Good Day Wisconsin       6:45-6:50 AM
                                 with Rachel Manek             (LIVE)
                                 and Pete Petoniak

CEDAR RAPIDS KCRG (FOX) TV 9 Morning News 6:50-7:00 AM
with Scott Sanborn (Taped)

NATIONAL FOX NEWS Fox News Edge 7:00-7:05 AM
CABLE with Alicia Rancilio (LIVE)

DALLAS WFAA (ABC) Good Morning Texas 7:20-7:30 AM
with Debbie Denmon (LIVE)

     DENVER         KWGN (WB)     WB Morning News          7:35-7:40 AM
                                  With Tom Green, Natalie    (LIVE)
                                  Tysdal or Angie Austin

BIRMINGHAM WBRC (FOX) Good Day Alabama 7:40-7:45 AM
with Janice Rogers (Taped)

PHOENIX KTVK (WB) Good Morning Arizona 7:50-7:55 AM
with Tara Francis (LIVE)

CHEYENNE WGWN (CBS) This Morning 7:55-8:00 AM
with Ashley Jackson (Taped)

     BALTIMORE      WJZ (CBS)     Eyewitness News Morning 8:00-8:10 AM
                                  with Don Scott             (Taped)
                                  and Marty Bass

     BUFFALO        WKBW (ABC)    A.M. Buffalo (airs 10-11am) 8:10-8:15 AM
                                  + P.M. Buffalo (airs 4-5pm)     (Taped)
                                  with Linda Pellegrino

     LOS ANGELES    KTTV (FOX)    Good Day L.A.                8:15-8:20 AM
                                  with Steve Edwards,             (LIVE)
                                  Jillian Barberie and
                                  Dorothy Lucey

     SACRAMENTO     KMAX (UPN)    Good Day Sacramento          8:20-8:25 AM
                                  with Marianne McCleary          (LIVE)
                                  and Abbott Dunton

PEORIA/ WMBD (CBS) The Morning Mix 8:30-8:35 AM
BLOOMINGTON with Brett Lontteen (Taped)

     SAN DIEGO      KUSI (IND)    KUSI Morning News            8:35-8:40 AM
                                  with Susan Lennon               (LIVE)
                                  and David Davis

     MINNEAPOLIS    KARE (NBC)    KARE 11 News Today           8:40-8:50 AM
                                  with Kim Insley                 (LIVE)
                                  and Tim McNiff

     SEATTLE        KCPQ (FOX)    Q13 Fox News                 9:05-9:10 AM
                                  with Carmen Brady               (Taped)
                                  and Bill Wixey

CINCINNATI WCPO (ABC) Noon News 9:23-9:30 AM
with Tanya O'Rourke (LIVE)

TAMPA WWSB (ABC) News 40 at Noon 9:35-9:40 AM
with Richelle Ridgeway (LIVE)

     NORFOLK        WAVY (NBC)    WAVY News 10 Midday          9:45-9:50 AM
                                  with Don Roberts                 (LIVE)
                                  and Kerry Fury

     NASHVILLE      WTVF (CBS)    Talk of the Town             9:50-9:59 AM
                                  with Meryll Rose           (Taped as Live)
                                  and Harry Chapman

About Bob Eubanks
Bob Eubanks started his broadcasting career as a disc jockey, working at KACY Radio in Oxnard, California. In 1960, he joined the staff of Los Angeles' popular rock 'n' roll radio station, KRLA, where he remained for eight years. Eubanks, along with such other notables as Charlie O'Donnell, Wink Martindale and Casey Kasem, made the station #1 in Los Angeles and, many felt, in the country.

While a career as a recording artist eluded him, Eubanks was actively involved in the musical careers of some very popular recording artists, producing the live concerts for the Beatles (three years of the band's Southern California concert dates), The Rolling Stones, Barry Manilow, Elton John and Bob Dylan, among others. He gained great notoriety while promoting the Beatles concert at the Hollywood Bowl. It was during the heyday of the 60s that he also launched a string of nightclubs for young adults called "The Cinnamon Cinder," showcasing such artists as Stevie Wonder, Ike and Tina Turner, the Beach Boys and the Supremes, just to name a few.

Chuck Barris Productions then hired Eubanks to host their new relationship game show, "The Newlywed Game," which premiered on ABC's daytime schedule on July 11, 1966. The following January, the show was added to ABC's prime time lineup, where it would lead the network's drive to prime-time game-show success for five years. "The Newlywed Game" was ranked among the top three daytime game shows from October of 1968 through April of 1973, and was among the top three rated prime-time game shows from October 1966 through April of 1971. His producer credits include: "The Tony Tennille Show," Buddy Hackett's "You Bet Your Life," "The Guinness Game" and "Infatuation." Eubanks also participated in the production of the motion pictures "Payback" and "Forced To Kill. Each year Eubanks can be seen hosting "The Hollywood Christmas Parade" with co-host Leeza Gibbons for KTLA-TV, Los Angeles.

About NeWave, Inc.

NeWave is a direct marketing company which utilizes the internet to maximize the income potential of its customers, by offering a fully integrated turnkey ecommerce solution. NeWave's wholly-owned subsidiary OnlineSupplier.com, offers a comprehensive line of products and services at wholesale prices through its online club membership. Additionally, NeWave's technology allows both large complex organizations and small stand-alone businesses to create, manage, and maintain effective website solutions for e- commerce. To find out more about NeWave (OTC Bulletin Board: NWWV - News), visit our websites at www.newave-inc.com, www.onlinesupplier.com and www.auctionliquidator.com. The Company's public financial information and filings can be viewed at www.sec.gov.

Forward Looking Statements

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern, adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products and services or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.
--------------------------------------------------------------------------------
Source: NeWave, Inc.

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