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Microcap & Penny Stocks : Infonow INOW, Report over 3X earnings.
INOW 0.00010000.0%Mar 7 3:00 PM EST

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To: RSkarsten who wrote ()4/3/2000 9:08:00 PM
From: tromkio  Read Replies (1) of 80
 
Michael Johnson, InfoNow's CEO
``We are pleased with the continued support and investment by Putnam Investments as well as their investment partners, NR Ventures and RIT Capital Partners,' said Michael Johnson, InfoNow's Chief Executive Officer. ``Channel conflict is a giant issue with manufacturers. A recent Forrester Research survey indicated that 66% of manufacturers identified conflict with existing sales channels as their single biggest obstacle to selling online. Our iChannel suite of services enables manufacturers to not only overcome channel conflict but, more importantly, turn their extensive channel networks into a competitive weapon. Our vision is nothing less than to ensure that our clients win in the Internet economy. This capital will further accelerate our efforts to realize this vision and build our leadership position in this space,' added Johnson.

INOW closed at the 50 day ema 15.375 and may bounce from here with support near 13.75. Volume was down slightly from Friday. Inow will need rising volume to move up.

(Full Text)
biz.yahoo.com

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