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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

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To: M Vavolizza who wrote (1305)	8/15/1999 10:41:00 AM
From: SCOOBEY-DO	Read Replies (2) of 18222

Hi Manny, You wrote "The re-release should clarify a bit more the sequence of E T & T eSafe ETTA via Sydney Fund of Mr. gray, PICO HOLDINGS, Australia, Hong Kong, UK" I looked up PICO and found the following at: picoholdings.com PICO - Primary Business PICO is a diversified holding company that seeks to grow shareholders' equity through selective value investing. We acquire or invest in situations that generally are misunderstood, undiscovered or out of favor. We invest only when we believe that there is a significant margin of safety between our cost of purchase and the fair value of the business. We also believe that it is important to act like an owner; where we have a significant investment we will participate in the management of a company, typically as a member of the board of directors. If PICO become interested in ETTA, we will have their active participation in our company also. WOW!! Tom, it is getting better all the time. Go Tom!! Scoobey

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