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Strategies & Market Trends : Wire to Wire Daily Stock Picking

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To: Jeffrey L. Henken who wrote (2578)8/2/1999 12:00:00 PM
From: Popiye  Read Replies (1) of 3514
 
News from a pick a few days ago that was in the daily contest for us Austin Powers movie watchers:

Monday August 2, 11:26 am Eastern Time
Company Press Release

Austin Powers' Merchandise Sales Surge Continues
CCGR Sees Retail Re-Orders Continue
DOYLESTOWN, Pa.--(BUSINESS WIRE)--Aug. 2, 1999--Collectible Concepts Group Inc. (OTC BB:CCGR) the burgeoning innovator and industry leader in the entertainment and sports collectibles industry announced Monday further re-orders of its initial AUSTIN POWERS merchandise, led by the introduction into retail stores nationwide, of the popular Austin Powers Male and Female Charm Symbols.

SPENCER GIFTS, NEW LINE CINEMA AND WE'RE ENTERTAINMENT, sustain a month-long re-order process, as these new collectible novelty items move off the retail shelves.

Robert Kramen, president of RK Marketing, the leading national sales representative company for CCGR, reveals ``the retailers are reporting that these items (the male and female charm symbols) are among the best selling items they have ever introduced and are selling at three to four the normal sales pace.'

CCGR begins shipping new Austin Powers items this month, including ``Dr. Evil's BAG OF SHHH!' and the stylish ``Dr. Evil Ring.'

Statements about the company's future expectations, including future revenue and earnings, and all other statements in this press release other than historical facts are ``forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. The company intends that such forward-looking statements be subject to the safe harbors created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results could differ materially from expected results.

------------------------------------------------------------Contact:

Collectible Concepts Group Inc., Doylestown
Steven Benson, 215/491-1075
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