Email : info@otcjournal.com
URL : http://www.otcjournal.com
To
OTC Journal Members:
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Update on Our
Next Profile |
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Last week we announced that we were
going to release our April profile in this weekend's edition. We
changed our mind again. The company that will be the subject of the
next profile needs capital to execute its business plan. They were
supposed to have completed a $10 million equity financing this week, but
the closing was delayed until Monday or Tuesday. In order to minimize
the risk for investors we have decided to delay the release until the funding
closes. Subject to that event, the profile should go out next Friday.
We will update you in Wednesday's edition. Please set some time aside
next weekend to review this one- We absolutely love this company.
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Coming
Event |
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Earlier this year we introduced our
members to a private placement opportunity. We received an overwhelming
response. Literally thousands of our members signed up to receive
a Private Placement Memorandum.
A Private Placement occurs when an
investor purchases newly issued shares directly from a Corporation.
Individuals, professional venture capitalists, and money managers make
investments of this type regularly. The funds that you invest go
directly to the corporation to provide capital for growth and expansion.
Unparalleled returns can be generated for Private Investors that purchase
shares of companies at low valuations prior to the Companies going public.
Here are some examples of Private
Placements that investors were invited into in the early stages:
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America On-Line (NYSE: AOL) at $1.35-
5/28/92
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Intel (NASDAQ: INTC) at $1.45-7/21/86
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Cisco Systems (NASDAQ: CSCO) at $.42
on 10/11/90
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Microsoft (NASDAQ: MSFT) at $.39
on 8/4/86
Private placements are opportunities
to invest on the ground floor, but they are extremely risky and illiquid.
Next Wednesday we will be featuring our second Private Placement opportunity
of 2000. We will give you the facts on the investment, and from there
you can have the company contact you directly if you have an interest in
learning more. It will be up to you. It will be presented for
your information only and our coverage should not be construed as an endorsement
of the investment. We are not being compensated for our publication.
Take some time to review our mid week edition if you have an interest in
this area.
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Market
Comment |
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This week's numbers on the economy
sparked heightened inflation fears and led to a sideways market in the
NASDAQ
for most of the week. Some analysts are talking about a 1/2 point
interest rate increase at the May Fed meeting. The five interest
rate increases we have already had don't seem to be cooling off the economy
quickly enough to keep inflation in check.
We feel that the real story over
the last two weeks has been 1st Quarter earnings released by technology
companies. Over 70% of technology companies reporting in the last
two weeks have beat the estimates. Technology companies, primarily
fueled by the growth of the Internet, have been outpacing the estimates
of the most aggressive analysts. Here are some results from a few
of the key bellwether stocks in Technology:
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Ebay (NASDAQ: EBAY)- beat estimates
by 99%
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Broadvision (NASDAQ: BVSN)- beat
estimates by 50%
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Yahoo (NASDAQ: YHOO)- beat estimates
by 11%
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AOL (NYSE: AOL)- beat estimates
by 13%
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Sun Microsystems (NASDAQ: SUNW)-
beat estimates by 5%
-
Intel (NASDAQ: INTC)- beat estimates
by 10%
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Cisco Systems (NASDAQ: CSCO)- beat
estimates by 8%
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Qualcomm (NASDAQ: QCOM)- beat estimates
by 4%
The demand for technology is the most
prolific it has been in history. Even though capital has been rotating
into old economy stocks for the last two months, money will find its way
back to growth. Biotech stocks seem to have put in a good bottom,
and they are beginning to bounce. Small and microcap stocks have
not begun to show any signs of life, but it's not far off. Now is
the time for investors to look at small companies. This market pull
back has created some exciting, low risk entry levels for investors that
are not intimidated by market volatility and can invest with discipline.
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Update
on Envoy Communications (TSE: ECG) |
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We got extremely favorable feedback
on last weekend's edition. We interviewed Neil McElwee, the CEO
of Pawnbroker.com (OTC BB: PBRR), and provided an audio stream for
you to hear the interview over the Internet. This
weekend's interview is with Geoff Genovese, the President of Envoy Communications
(TSE: ECG), and it is very enlightening. We have all been wondering
when they will finally get their 20F filing through the SEC and trade on
the NASDAQ. That is the first question we asked.
Investors in this stock will definitely
want to listen to the entire interview. Mr. Genovese provides
some compelling information what the company hopes to accomplish through
the remainder of 2000. This is a must listen.
The companies we have chosen for
this interview series are the ones we feel have the greatest upside potential
from current levels in the near term. Just listen to the interview,
and decide for yourself.
If you are an AOL member, or are
reading this newsletter in a plain text format, the link to the web page
will not work. Please return to the top of this page, and click on
the first link that opens the web page version of this newsletter and go
from there. Below is the web address you can copy and paste into
your browser address line if you need to. Here your link:
Click
Here to Listen to Interview With Geoff Genovese, CEO of Envoy Communications
or go to this URL:
http://www.executiveradio.com/envoy/
If you don't have speakers on your
computer then you won't be able to listen to the interview unless you go
somewhere else to hear it. Please respond by giving us your feedback on
this new feature. If you like it we will provide these audio interviews
more frequently.
We hope to be releasing our next
profile one week from today, so stay tuned. We absolutely love the
next company, so get ready for something exciting. |
