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Microcap & Penny Stocks : ECNC: BETTING, INC. A WAGER ON NEW GAMING TECHNOLOGY

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To: LORD ERNIE who wrote (2847)6/22/1999 5:59:00 PM
From: Jorjenzak   of 2909
 
Potential competitor? I knew of the company (but did not fully realize it was into cash transactions for ecommerce) from being a Danny Miller pick and almost bought in but begged off at the last minute. Don't regret it a bit.

Any comments? Tom, what is your response? Have you checked into their operation and compared it with eConnect? They announced big financing today to expand the business.

PCBM (Pinnacle Business Management) Price as of 6/4 is $0.31. Pinnacle intends to become the premier facilitator of cash transactions accesed or found through internet portals. This allows people to use Pinnacle's branded Cash Card on the Internet to purchase things, without having use their credit card. They intend to be fully reporting during the second quarter this year and are also buying back 20% fo the outstanding shares to lower the float. I have heard that a major press release may be coming out this week. I think it may be that they are now fully reporting or they have made alliances with internet portals. This stock has a lot of potential and is very undervalued at these levels. If a major press release does come out this week this stock should soar.
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