WIZZF, nice run again, ho hum......... from RB
By: ITZ Reply To: 8823 by mushbrain8 Wednesday, 19 Jan 2000 at 4:01 PM EST Post # of 8861
Just received this, I am long.
<A RAPIDLY-GROWING INTERNET BUSINESS INCUBATION & MANAGEMENT FIRM < <WSi Interactive Corp. is an Internet business development and direct <marketing firm that builds, manages and markets a wide range of exciting <new on-line companies. WIZ draws upon its 10+ years of direct marketing <experience and information databases to cost-effectively attract qualified <buyers to its proprietary and client websites, and then builds long-term <relationships with these well-qualified customers on-line. < <PROFITABLE, WELL MANAGED GROWTH <Prior to joining forces, the three divisions that comprise WSi Interactive <Corporation were established, profitable businesses offering services in <areas of their respective core competencies. Under WSi, each division <continues to derive revenue from these services while applying their <knowledge to the development of new Internet business. < <A SUCCESSFUL DEVELOPMENT MODEL <In developing Internet businesses, WSi Interactive Corporation uses its <direct marketing expertise to identify niche markets and realize revenue <from the new business in its early stages. This revenue minimizes downside <risk and aids in the funding of further development during the proof of <concept phase. WSi Interactive Corporation owns and operates several <proprietary businesses and provides total management and marketing for <third party businesses. WSi has built a solid reputation for developing <profitable Internet businesses that thrive on a variety of revenue <streams, making them attractive targets for public company acquisition. < <Bottom-line, WSi Interactive has a unique, integrated model for building, <managing and marketing Internet businesses. When a WSi-developed "dot.com" <company goes on line or does an IPO, the business ideas have been proven <to be viable, the web sites are fully-operational, and there is a solid <revenue stream from day one. < < <The marketing model for WIZ is CMG Information Services (CMGI ? NASDAQ), <which evolved from a direct marketing agency in 1990 to one of the largest <networks of Internet companies in the world. Like CMGI, WSi Interactive <plans to establish itself as a recognized leader in the Internet economy, <by creating a one-stop shop for e-commerce and e-advertising, plus <financial information and entertainment. < < <What WSi does is actually quite simple: using the principles of direct <marketing, they understand who their customers are and what they want, and <then they deliver on all of the customer?s specific online needs. WSi does <this by building sites focused on a specified target market or niche, <drives qualified traffic to these sites, analyzes the traffic using their <unique pinpoint system, and then modifies that site to better suit the <specific target market?s needs on an ongoing basis. < <WSi EXPECTS TO LAUNCH UP TO 30 NEW "DOT.COM" BUSINESSES IN THE NEXT TWO <YEARS <The mandate of WSi is to design, build and manage Internet businesses, <both internally and for others. It is doing so by combining the marketing <skills of Western Shores with the comprehensive Internet infrastructure <and web expertise of MediaNet and TargetPacks. < < <WSi Interactive has identified some 30 additional website concepts which <will be researched and developed over the next two years in four business <areas: financial, e-commerce / e-retailing, entertainment, and <e-advertising. Each of these ventures will be future clients and / or <directly /indirectly owned by WSi. Every new Internet business brought to <market will have projected revenues of $1.2 + million in their first year <of operations. < <As the website concepts move from concept to design through proof of <concept and roll out, successful websites are expected to be spun off into <public vehicles (as per the CMG Information and IdeaLab concepts). WSi <will in most cases retain site management and related fees as well as <realizing capital gains. < <MULTIPLE REVENUE STREAMS & STRONG GROWTH OVER THE NEXT 18 MONTHS < <The WSi Interactive group of companies currently generates about C$3 <million in revenues and is profitable; revenues increased 33% in the <fiscal year ending June 30, 1999. < <Increasing revenue from StockSecrets.com and the revenues from both the <core businesses as well as the newly-launched websites suggest that WSi <Interactive is on track towards its target FY 2000 revenues of about C$6 <million, of which approximately 50% will be derived from Internet-related <projects. < <The basic strategy of WSi is to aggressively build a profitable revenue <stream. Over the short term, WSi intends to increase revenues from the <$2-$3 million level to $6 million, accomplished through a combination of <traditional activities of its subsidiaries as well as new/enhanced online <activities and properties. Longer term, we see much of the blue sky <emanating from the development of proprietary websites. < <MIGHT WSi INTERACTIVE BE THE NEXT CMG INFORMATION SERVICES (CMGI ? NASDAQ) <? < <The WSi Interactive business model and core competencies are quite similar <to that of CMG Information Services Inc. ("CMGI" on NASDAQ), which evolved <from a direct marketing agency in 1990 to one of the largest developer and <operator of Internet and direct marketing companies in the world. < <In terms of corporate performance, CMGI has approximately 245.9 million <shares outstanding, trades at about US$125.5 per share, has grown its <revenues from US$23 million in 1995 to US$91 million in 1998, while <reporting an increase in earnings from 6½ to 25½ per share over the same <period. < <WSi Interactive, on the other hand, has 31.2 million shares outstanding <and is projecting revenues of about C$12 million over the next 18 months. < <THREE PROFITABLE AND COMPLIMENTARY DIVISIONS PROVIDE THE BASIS FOR GROWTH < <WSi Interactive has brought together three separate, but complementary <companies and organized them into a solid marketing and technology <infrastructure that provides the foundation upon which to conceive, build <and manage successful Internet businesses. Together, these subsidiaries <provide a critical mass of skill sets, personnel, database content and <design, and Internet-related infrastructure, as well as four <fully-operational and established Internet businesses. WSi has existing <client bases and revenue streams at each of its subsidiaries to support <its rapid growth plans over the next 18 months. < <WesternShores Direct Marketing Group. Established in 1990, Western Shores <has become a leading direct mail / database marketing agency for clients <in Canada and the United States. In the fiscal year ending June 30th, <revenues were just under C$3 million. < <What Western Shores does best is targeted communications. They can take a <client's existing database (i.e. a retail or mail order customer base) and <build a highly accurate profile of households in order to hone a message, <target the audience more precisely, and create effective customer loyalty <programs. The benefits to clients are cutting costs associated with <ineffective, improperly targeted direct mailing lists and achieving higher <response and success ratios from advertising programs. Clients have <included public and private organizations, retail and catalogue firms, <financial institutions, insurance companies, and fundraising <organizations. < <A priority for Western Shores is to overlay and supplement its traditional <mail-related databases with Internet-related information and build <enhanced customer profiles with which to create industry specific customer <programs. < <TargetPacks.com. This division of WSi Interactive specializes in "Opt-In <E-mail List Management", which are compiled from individuals who have <requested information about specific products and services. TargetPacks <then uses the information to produce highly-profitable, large volume <e-mail broadcasts, newsletters, and other web-based promotions to specific <audiences which generate cyber traffic, produce leads, build market <awareness, and produce e-business opportunities for clients in a wide <range of industries. < <MediaNetSolutions.com. The MediaNet division of WSi provides high-end <web-site development and advanced web hosting services, with a reputation <for building sites that build traffic and return on investment, rather <than on simply creating graphically pleasing web pages. To date, MediaNet <has designed and built over 70 websites. Projected service revenues from <this business segment is $1.35 million for the current year. < <MediaNet is aggressively moving into "convergence" Internet applications, <specifically Internet broadcasting and telephony. MediaNet has recently <signed agreements with the Los Angeles Film School and <HollywoodBroadcasting.com, Inc. to provide turnkey Internet solutions for <website development, network set-up, and technology to deliver live, <interactive video broadcasts on-line. < <WSi Interactive is a fully-reporting company ? Bedford Curry is the <company?s auditor. < <During the quarter ending September 30, 1999, WSi?s revenues of C$814,893 <exceeded the first quarter target of C$750,000; while the company reported <a small net loss, the reporting period was one where WSi made significant <investments in technology and human resources, as staffing grew from 20 to <42 full-time employees and assets increased to C$2.3 million. The <company?s September 1999 financials can be viewed at ( <http://www.ws-i.com/news/financials4.html ). < <NOTE: membership of The Copper Wire is strictly voluntary on behalf of the <member. Note the unsubscribe link at the bottom of the letter. < |