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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies
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To: StalkFunder who wrote (119122)3/12/2000 9:00:00 AM
From: Bouf   of 119973
 
CAWC closed up $5 1/2 on FRIDAY to $24 1/2....the game is just beginning IMO..READ ON!

California Software Announces NevWest Securitires Reiterates Strong Buy Recommendation

SANTA ANA, Calif.--(BUSINESS WIRE)--March 10, 2000--California Software Corporation, (OTC BB: CAWC), a leader in IBM Midrange migration products and developer of the award-winning BABY(tm) product line, today announced Nevada-based NevWest Securities Corporation has initiated coverage on California Software Corporation, and has released an equity research report indicating a strong buy recommendation with a near term share price target of $28 pre-split.

Bruce Acacio, chief executive officer of California Software stated, ``The release of this equity report, combined with the announced stock split and our anticipated move to the American Stock Exchange, will further enhance our national exposure and allow us to continue our dramatic growth trend.'

The Company's growth-through-acquisition and core business expansion strategy is designed to create an anticipated $100 million entity by the end of 2001. Management targets acquisitions based on their ability to integrate with and complement existing core competencies of the organization.
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