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Newsletter
November 5, 2002
Volume V, Issue 84
Email : info@otcjournal.com
URL : http://www.otcjournal.com

To OTC Journal Members:
 

Bill Gates Loves StockGroup Information Services (OTC BB: SWEB)

As mentioned in previous editions, we expect many of the beaten down penny stocks with viable business models to begin rising with the tide as  sellers become scarcer and buyers resurface.

In early September we brought you Stock Group Information Systems at $.19. Formally a dot-com with an advertising revenue model, this company has completed the successful transformation to an electronic financial information provider, and in the process is finally becoming cash flow positive. Based on current trends and their many high profile customers, we anticipate StockGroup will be able to announce positive earnings in the 1st quarter of next year which will continue building over successive quarters. Current clients include Citi Group, American Express, NY Life, Dupont, and many others.

The support/resistance lines on the chart we have provided suggest the stock is entitled to rebound into the $.27 range, or another words retrace 50% to the most recent high. Many larger cap technology stocks are well on their way to achieving their rebounds, and their baby brothers will not be far behind.

Today, just after the market closed, StockGroup announced they will become a financial content provider for MSN.CA which is Microsoft's Canadian on-line community.

Microsoft is launching a major North American marketing campaign designed to bring new ISP customers to its MSN service. If you watch TV, you have probably seen their butterfly commercials, where the guy falls out of the cocoon hanging in the tree. Microsoft is spending millions promoting this service and is going head to head with AOL for market share.

From here forward, if you are looking for financial information at MSN.CA, it is likely it will be provided by StockGroup.

We may have exaggerated a bit when we said Bill Gates loves StockGroup, but he does make a comment in today's press release His comment clearly demonstrates the importance of outsourcing services to even the largest companies.  Bill Gates says:
 

'The Stockgroup solution allows us to continue to be a leader by providing our users with the latest up to date financial news, while providing the most cost effective solution,'said Bill Gates, Microsoft Chairman and Chief Software Architect.

This stock has continued trading quietly during the recent market resurgence, but today's press release could help change that. High profile news like this could put this stock directly in the cross hairs of bargain hunters who are looking for stocks which deserve to trade up in an inclining market environment.

We still believe this stock will find its way into the $.30 range which represents an opportunity to make nearly 60% on your money

Here is the complete text of today's new release for your review:
 

 

Stockgroup Signs Licensing Agreement With MSN.CA

Canadian Corporate News via COMTEX

Nov 5, 2002 4:03:39 PM 

VANCOUVER, BRITISH COLUMBIA, Nov 5, 2002 (CCNMatthews via COMTEX) -- 

Stockgroup Information Systems Inc. (OTCBB: SWEB) a financial media and technology company announced today that they have signed a licensing agreement with MSN.CA. Stockgroup will provide MSN.CA financial news and content through its Financial Content Software System. 

Stockgroup's Financial Content Software System is made up of a suite of over 30 proprietary financial software tools and 100 different data sources that disseminate data from all North American exchanges and from a database of over 21, 000 publicly traded companies. 

MSN.CA is a leading Canadian Web portal with 8.7 million unique monthly visitors. Its suite of online services delivers news, information, entertainment, and a variety of communication tools including MSN network of Internet services, Hotmail web-based e-mail service and MSN Search. MSN.CA also provides such high-quality interactive services as MSN Messenger, MSN Explorer, MSN eShop, MSN Web Communities and many more for the Microsoft Windows operating system. 

'The Stockgroup solution allows us to continue to be a leader by providing our users with the latest up to date financial news, while providing the most cost effective solution,'said Bill Gates, Microsoft Chairman and Chief Software Architect. 

'Companies like Microsoft are increasingly choosing to use Stockgroup solution for financial content and disclosure and awareness products because of its extensive and highly flexible product offerings,'stated Marcus New, CEO of Stockgroup. 

Some of Stockgroup's products include Market Indices, Stock Charts, Stock Watch Lists, Portfolio Managers, Market Movers, Scrolling Tickers and the management of Public Company's Investor Relation websites including the automated posting of their news releases, SEC filings, and other critical disclosure components. 

ABOUT STOCKGROUP 

Stockgroup Information Systems Inc. is a financial media and technology company. It is a leading provider of private labeled financial content and software solutions to media, corporate, and financial services companies. Stockgroup employs proprietary technologies which enable its clients to provide financial data streams and news combined with cutting edge fundamental, technical, productivity, and disclosure tools to their customers, shareholders, and employees at a fraction of the cost of traditional internal methods. Stockgroup is also a provider of Public Company Disclosure and Awareness Products for publicly traded companies. Its financial web sites including www.stockhouse.com, www.stockhouse.ca and www.smallcapcenter.com are state of the art online research centers for the investment community. To find out more about Stockgroup (OTCBB: SWEB), visit our website at www.stockgroup.com 

This release contains 'forward looking statements'within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward looking statements.'Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as 'expects', 'will,''anticipates,''estimates,''believes,'or statements indicating certain actions 'may,''could,'or 'might'occur. 

StockgroupJohn BevilacquaInvestor Relation Contact(800) 650-1211 ext.180ir@stockgroup.comorStockgroupRob AttwellDirector of Business Development(800) 650-1211 x 146sales@stockgroup.comorMSN CanadaRotimi OlumideContent Producer(416) 349-5541rotimio@microsoft.com 
 


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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.  Moreover, as detailed below, this publication accepts compensation from certain of the companies which it features.  Likewise, this newsletter is owned by MarketByte, LLC.  To the degrees enumerated herein,  this newsletter should not be regarded as an independent publication.

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.

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