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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (58722)8/10/2000 12:22:46 PM
From: CyberJas  Read Replies (2) of 150070
 
AREE - SSP, concerning yesterday's news for AREE, that dkgross posted here:

Message 14191619

would this be considered an impact date?

"The first product going to market is the SnowFang(TM) Snowshoes. Arete Outdoors plans to have the final version of the SnowFangs manufactured and available for delivery by September 15, 2000. Arete is distributing the SnowFangs Snowshoes through Jeff Lowe's Cloudwalker field sales team. Cloudwalker manufactures and distributes innovative climbing and mountaineering clothing and hardware, and will add the snowshoes to its presentations at technical retail outdoor and mountaineering shops in North America and Europe this fall."

I know the stock is well known around here but this is an impact date IMO. The company also plans more exposure of its products with another impact date in this paragraph:

"Production of the full-suspension, Dirt and Powder RUSH Downhiller(TM) is on schedule. It will be produced and assembled in Taiwan. A limited pre-production quantity will be delivered in September, with full-scale production starting thereafter for delivery in November, 2000. Arete Outdoors will focus its initial sales efforts on gaining mountain access at the ski resorts and placement at the mountain rental shops. Arete Outdoors is presenting the Rush to ski areas and resorts in the USA, Canada and Europe, and plans to present the products at the Outdoor Retailer Trade Show in Salt Lake City, Utah, at the Friederichshafen show in Europe, at the Interbike show in September, at several ski industry industry shows including the SIA Snowshow, and at the ski resorts and ski-patrol conventions, regional and national ski area shows."

The stock is up 39% today so far with more than 9M shares traded. I currently don't have a position in AREE and have to do more DD on it.

areteoutdoors.com

-CyberJas
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