Ticker spamming. - Here's an example of Business wire's practice of ticker spamming to get max coverage on a useless little BB stock.
from today's release at
go2net.newsalert.com
MOUNTLAKE TERRACE, Wash.--(BUSINESS WIRE)--April 28, 1999--
Consolidated Data (OTC BB: CSDD) Wednesday announced that the
company and YourBank Online.com will be featured on the Emerging
Company Report TV Program, the nationally syndicated television
program which profiles emerging-growth companies
(http://www.emergingcompany.com). The interview will be aired
this Friday to Sunday on cable stations throughout the United
States.
YourBank Online.com , recognizing business models like Yahoo
(Nasdaq:YHOO), America Online (NYSE:AOL), Lycos (Nasdaq:LCOS),
and Excite (Nasdaq:XCIT) will provide portal pass through to a
variety of financial products such as: home mortgages, insurance
packages, i.e. property, casualty, and life, and provide online
trading in a similar manner as Charles Schwab (NYSE:SCH), and DLJ
Direct (NYSE:DLJ) with the major difference being that the client
will be able to electronically transfer funds using the YourBank
software while maintaining security with the use of U.S. grade
encryption of 128 bit-key (SSL) designed by Netscape Corporation
(Nasdaq:NSCP).
Consolidated Data which has begun marketing the online banking
software to banks and credit unions offers financial partnership
agreements that allow revenue sharing. Revenue from the portal
pass through and fees will be split between the financial
institutions and CSDD. The combined set up fees along with the
continual portal pass through fees will allow Consolidated Data to
achieve exceptional profitability.
Consolidated Data with YourBank Online.com is positioning itself to
be at the forefront of the internet technology revolution by being a
leader and provider of E-commerce Solutions on a global basis.
With stock prices jumping 125 percent in a quarter and growth
rates of 70 percent, the virtual banking sector should continue its
rapid growth as evidenced by Telebanc Financial (Nasdaq:NTBK)
trading at $115 1/2, NetB@nk (Nasdaq:NTBK) trading at $172 1/8,
and Security First Technologies Corp. (Nasdaq:SONE) trading at
$120 1/2.
Furthermore, the creation of the Nasdaq-Amex e-commerce index
which is derived of companies that derive either all or a
significant part of their revenue from online commerce which
includes bookseller Amazon.com (Nasdaq:AMZN), brokerage firm
Ameritrade Holding (Nasdaq:AMTD), bookseller Barnes & Noble
(NYSE:BKS), software producer BroadVision Inc. (Nasdaq: BVSN),
music seller CDnow Inc. (Nasdaq:CDNW), broker E-Trade Group
(Nasdaq:EGRP), auctioneer eBay (Nasdaq:EBAY), computer products
seller Egghead (Nasdaq:EGGS), Micro Warehouse (Nasdaq:MWHS),
grocer Peapod (Nasdaq:PPOD), Preview Travel (Nasdaq:PTVL),
retailer ONSALE (Nasdaq:ONSL), E4L (NYSE:ETV) and Hollywood
Entertainment Corp. (Nasdaq:HLYW), indicates that internet growth
should continue at a record pace.
Whew! Did they get enough names in there?
What's next, statements like, "Employees of xxxx drive cars manufacured by F & GM, and buy their gas from the local XON and Chevron stations."?
SPAMSPAMSPAM, i say!
...Mezz, predicting BW is going to be very sorry they ever filed suit. |
