well, i sold all my shares this time last year....buying back today. i think this is the year for cmtx.
latest news releases haven't been posted on this board...go check them out...here's the latest:
COMTEX Achieves Revenue Milestone
ALEXANDRIA, Va.--(BUSINESS WIRE)--Jan. 11, 2000--
$1 Million in Monthly Booked Revenue Reflects New Account
Acquisition at Double the Rate of FY1999
COMTEX News Network (OTC BB: CMTX) today announced that it has closed a record 110 new sales agreements in the first two quarters of its fiscal year - more than doubling the number it logged in the same period the previous year.
"COMTEX has exceeded its aggressive sales goals for the first two quarters of fiscal 2000," said Deborah Woolum Ikins, COMTEX executive vice president. "We are running in excess of $1 million in booked revenue per month, as demand for the proprietary, value-added and comprehensive news delivery that COMTEX provides is fueled by the growth of the Internet and demand for real-time news."
"COMTEX is setting the pace for real-time news delivery on the Internet," Ms. Ikins continued. "COMTEX has experienced 12 consecutive profitable quarters and if current trends continue, 2000 should be a record year for the Company."
New distribution channels for COMTEX' real-time news products include, among others, Internet.com, Zacks Investment Research, Strategy.com, phone.com, CBS MarketWatch, iwon.com, Dreyfus Securities, NCAA, Earthlink, Merrill Lynch, Gateway.net, ForAnything.com, JB Oxford, American Express, Citibank, CNBC, ATT Worldnet, Fox Marketwire, T. Rowe Price, TheGlobe.com, Bell South Buzz, The NY Post and SalesLogix.
About COMTEX News Network
COMTEX News Network, Inc. (OTC BB: CMTX) is the leading real-time news source serving over 400 companies with real-time news to benefit millions of end-users. Each day, COMTEX can electronically sort up to 100,000 stories from over 500 global sources, including The Associated Press, Phillips, Business Wire, United Press International, The Sports Network and South American Business Information, to create its subject-specific CustomWires(R), headline and vertical-market news products. Located in Alexandria, VA, COMTEX can be found on the World Wide Web at comtexnews.net.
Note: All product and company names may be trademarks or registered trademarks of their respective holders.
Except for the historical information contained herein, this press release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those contemplated herein, including the occurrence of unanticipated events or circumstances relating to the fact that COMTEX is in a highly competitive industry subject to rapid technological, product and price changes. Other factors include the possibility that demand for the company's products may not occur or continue at sufficient levels, changing global economic and competitive conditions, technological and other risks, costs and delays associated with the start-up and operation of major capital projects, changing governmental regulations and other risks and uncertainties, including those detailed in the company's filings with the Securities and Exchange Commission. COMTEX undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
CONTACT:
COMTEX News Network, Inc., Alexandria
Amy Gutowski, 703/820-2000
agutowski@comtexnews.com |
