hear it is; (COMTEX) B: TheSubway.com Announces Investment Opinion
B: TheSubway.com Announces Investment Opinion
WESTON, Fla., Jul 8, 1999 (BUSINESS WIRE via COMTEX) --
TheSubway.com announces huge gainers and 4 new opinions:
Books-A-Million Inc. (NASDAQ: BAMM), Acclaim Entertainment (NASDAQ:
AKLM), Chester Holdings Ltd. (OTCBB: CHES) and
Innofone.com (OTCBB: INNF).
TheSubway.com announces huge gainers and 4 new opinions:
Books-A-Million Inc. (NASDAQ: BAMM), Acclaim Entertainment Inc.
(NASDAQ: AKLM), Chester Holdings Ltd. (OTCBB: CHES) and Innofone.com
(OTCBB: INNF).
Metromedia Fiber Network Inc. (NASDAQ: MFNX) was picked by
TheSubway.com on June 28, 1999 to buy at 34 5/8 and traded up to 40+ on
July 7, 1999. Satellite Control Technologies Inc. (OTCBB: SATX) was
picked by TheSubway.com on June 28, 1999 to buy at 1.20 and traded up
to 2.52 on July 6, 1999.
TheSubway.com is currently offering the following 4 new opinions.
Acclaim Entertainment Inc. (NASDAQ: AKLM). AKLM is a developer,
publisher, mass marketer and distributor of interactive entertainment
software. AKLM also develops and publishes Software strategy guides and
comic book magazines. For the six months ended 2/99, revenues rose 49%
to $240.5 million. Net income rose from $6.8 million to $24.8 million.
Based on the current .61 cents per share earnings and the industry
conservative P/E of 12 Capital Research Group feels the stock is
undervalued with a 3-6 month target of a 10-12 dollar stock price.
Earnings are also due out soon.
Books-A-Million Inc. (OTCBB: BAMM). BAMM in our opinion, is a small
time competitor with Amazon.com (NASDAQ: AMZN) with one exception, the
company is profitable. For the 13 weeks ended 5/1/99, net sales rose
14% to $85.1 million. Net income totaled $310 thousand, up from $10
thousand. There are many rumors floating around about this company
being a prime takeover candidate. Again comparing to the industry, we
think the company has a short term potential of at least $18 per share.
Innofone.com (OTCBB: INNF). INNF is involved in internet telephony,
which industry experts tout as the hottest opportunity on the internet
for the next five years. The stock is beginning to be accumulated with
expectations of over $1.00 per share in the short term.
Chester Holdings Ltd. (OTCBB: CHES). CHES is currently a holding
company involved in seeking out acquisitions. The company recently
announced a letter of intent with Growth Fund International Ltd.
whereby Growth Fund International Ltd. would advance up to $10,000,000
in funding to Chester Holdings at a premium to the market price at the
time of closing. The company is currently receiving
greatmarketattention.
About TheSubway.com
TheSubway.com, a wholly owned online asset of Capital Research Group,
Inc. was developed solely for experienced, risk tolerant investors.
Subscribers to TheSubway.com receive daily market commentary reports
for select companies trading on various markets. Sophisticated
investors are also able to receive for free,select, rare research
reports and investor kits on up and coming emerging companies while
they are still not widely known.
About Capital Research Group Inc.
Through TheSubway.com, Capital Research Group (CRG) introduces
fundamentally sound, undervalued companies to the investment community.
Capital Research Group strives to locate companies with enormous growth
potential. CRG is a full service public relations / Investor relations
firm. For more information about our products or services, please
contact CRG at 954-217-9555 or visit us through
thesubway.com.
All material herein was prepared by Capital Research Group Inc. (CRG)
based upon information supplied by the company or other sources
believed to be reliable. The information contained herein is not
guaranteed by CRG to be accurate, and should not be considered to be
all-inclusive. This discussion contains forward-looking statements that
involve risks and uncertainties. The company's actual results could
differ materially from those described in any forward-looking
statements or announcements discussed within. This material is for
information purposes only and should not be construed as an offeror
solicitation of an offer to buy or sell the securities. CRG is not a
licensed broker, broker dealer, market maker, investment banker or
underwriter. Please consult a broker before purchasing or selling any
securities viewed on www.thesubway.com. CRG, its affiliates, and/or its
officers, directors and employees may from time to time have a position
in these securities. More information about which is available by
visiting thesubway.com. Also any questions about this can be
answered by calling Capital Research Group Inc.
Copyright (C) 1999 Business Wire. All rights reserved.
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CONTACT: Capital Research Group Inc., Weston
Charles T. Tamburello
President / CEO
Phone: 954/217-9555
Fax: 954/389-5756
Email: chuck@TheSubway.com
WEB PAGE: businesswire.com
GEOGRAPHY: FLORIDA
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