Hey Dave,
Do you remember that old story, about the flight of bees enroute from Canada to Alabama for the winter..?? As they merrily buzzed along, every now and then a group of them would make a pit-stop at various gas stations.....
They managed to hit the general collection of Exxon's, BP's, Connoco's, Shell's, ARCO's, Marathon's, and Chevron's; and even included a courtesy stop at Molly & Bubba's - Fuel n' Fodder just north of Birmingham for some ol' local HomeBees.
About three miles from the farm fields south of Montgomery, where the whole group was planning on making their final stop for the season, one little bee pealed off and stopped at the last very last Esso station south of the Mason-Dixon line.
The lead bee looked over at his #2, who had inquired about the straggler, and was heard to say,
"...Yeah, that's ol' Morrison...!! There's at least one Esso Bee in every crowd..., aye"!!
FYI:
9/22/00 - Fletcher & Faraday: Fletcher & Faraday Inc. announces investment opinion
SEP 22, 2000, M2 Communications - NEW YORK -- The following is being issued by Fletcher and Faraday, a member of the National Association of Securities Dealers, CRD number 29769: Fletcher and Faraday (Broker Dealer -- Member NASD).
www.WorldBestBuy.com, a subsidiary of International Brands Inc., (OTCBB: INBR). We are continuing coverage with a BUY rating. In our opinion the outlook for the e-tail business remains favorable and we think it will grow faster then most people expect. We believe WorldBestBuy is well positioned to take advantage of that growth and there is long term value in the shares at current trading levels.
Cisco Systems (NASDAQ:CSCO). We are continuing coverage with a BUY rating. Cisco is the dominant supplier of the routers and switches that run the Internet. Over its ten-year history as a public company, Cisco has consistently achieved revenue growth rates higher than those of its competitors, thus gaining share.
Global Crossing Ltd. (NASDAQ:GBLX). We are continuing coverage with a BUY rating. US Internet traffic is estimated to expand by 70%+ per annum through 2004. Additionally, as global Internet penetration rises, similar demand growth curves are expected abroad. This puts potential annual revenues for the Internet connectivity market alone at approximately $100 billion by 2004.
JDS Uniphase (NASDAQ:JDSU). We are continuing coverage with a BUY rating. JDSU is a market leader among the optical component companies. Component suppliers can barely keep up with demand and forecasts consistently underestimate demand. As a result, we believe that most optical components companies will experience strong revenue and income growth and relatively mild declines in average selling prices.
Ericsson (NASDAQ:ERICY). We are continuing coverage with a BUY rating. Ericsson is the world leader in wireless infrastructure, supplying all major standards. Ericsson has an unbeatable installed base and an enviable client list, in our opinion.
WorldCom (NASDAQ:WCOM). We are continuing coverage with a BUY rating. We believe, WorldCom has carved out a leadership position as the backbone provider of choice, and is a leading provider of data solutions to business customers. We think WorldCom offers attractive value on a forward basis.
Dell Computer (NASDAQ:DELL). We are continuing coverage with a BUY rating. We believe Dell is well positioned to move beyond its core corporate PC business with servers, storage, and additional service opportunities. Dell has made a strategic shift in focus to this area.
Intel Corp. (NASDAQ:INTC). We are continuing coverage with a BUY rating. Intel`s ability to establish standards for the PC market gives us confidence that the company can sustain its competitive advantage.
Oracle (NASDAQ:ORCL). We are continuing coverage with a BUY rating. Oracle provides the full range of offerings under a common flag. No other company is taking this all-in-one approach and the barriers to entry are high given the complexity of the software. The Internet architecture and integrated suite simplify the implementation and speed up time to market.
Sun Microsystems (NASDAQ:SUNW). We are continuing coverage with a BUY rating. In our view, the company can no longer be considered a niche computer vendor; rather, we believe Sun Microsystems can now claim to be the uncontested leader in Internet server infrastructure.
Qualcomm Inc. (NASDAQ:QCOM). We are continuing coverage with a BUY rating. Qualcomm plans to separate its CDMA semiconductor business from its CDMA licensing Globalstar, and Omni TRACS businesses. We believe this event could unlock value for shareholders and help avoid delays in the progression to 3G wireless technologies.
FLETCHER & FARADAY also wishes to alert its clients of the most active issues on the OTC BULLETIN BOARD during the last trading session on Thursday, September 21, 2000:
OTC BULLETIN BOARD - MOST ACTIVE BY SHARE VOLUME - SEPTEMBER 21, 2000
(OTCBB: ARET) last sale 0.0445 up 0.007 (18.7%) (Volume 40,359,300)
AmeriResource Technologies, Inc. has historically been involved in providing engineering and construction services through its wholly owned subsidiaries. However, in 1996 the Company closed and/or sold all of its engineering subsidiaries due to continued losses and has obtained no construction contracts during 1999. The Company has been unable to obtain any construction contracts as a result of placing Tomahawk Construction Company into Chapter 11 Bankruptcy on September 15, 1994. Despite Tomahawk's emergence from bankruptcy on August 28, 1995, the Company has been unable to obtain the necessary bonding capacity to obtain construction contracts. As a result of Tomahawk's lack of new construction contracts in 1999, the Company is currently exploring opportunities to combine Tomahawk with another company through a merger or acquisition. The Company is now searching for a construction company that is interested in being acquired.
(OTCBB: TTRIF) last sale 0.0725 down 0.0075 (-9.4%) (Volume 14,435, 200)
Thermo Tech Technologies Inc. is in the business of waste conversion and waste management. The Company has developed proprietary organic waste conversion facilities, known as Thermo Master Plants, which employ the Company's proprietary thermophilic organic waste fermentation technology. The Thermo Master Plants are capable of converting raw organic waste, in the form of food waste or municipal sludge, into a commercially saleable end product. The Company markets, licenses, owns and operates Thermo Master Plants as its primary business, and derives its primary revenues from these activities.
(OTCBB: STWW) last sale 0.16 down 0.013 (-7.5%) (Volume 9,488,100)
Stampede Worldwide, Inc., formerly known as Chronicle Communications, Inc., serves as the parent company to several acquired businesses. The Company engages in the commercial printing business with the acquisition of Bright Now, Inc., doing business as United Printing and Publishing in Tampa, Florida. The acquired Bartow Communications, Inc. is a publisher of new-home real estate guides in the metropolitan District of Columbia area, including Maryland and Virginia. The recently acquired Americomp Computers, Inc. is in the business of selling personal computers and related services, networking, web site development and web hosting.
(OTCBB: BICO) last sale 0.138 down 0.001 (-0.7%) (Volume 6,606,000)
Biocontrol Technology Inc. develops new devices, which include models of a noninvasive glucose sensor, an implantable port for drug delivery and hemodialysis use, a polyurethane heart valve, and bioremediation products. The Company is developing the Noninvasive Glucose Sensor with Diasensor.com Inc., its 52% owned subsidiary. The Company's ThermoChem technology is comprised of two separate systems, the ThermoChem-HT System and the ThermoChem-SB System. The Company is also engaged in the development of a polyurethane heart valve that may not have the disadvantages of the mechanical and bioprosthetic valves currently being marketed.
(OTCBB: PCBM) last sale 0.108 down 0.001 (-0.9%) (Volume 6,398,200)
Pinnacle Business Management, Inc. is a holding company for subsidiaries that provide consumer lending and deferred deposit services. The Company's Fast PayCheck offers deferred payday deposit services to individuals. Pinnacle's Fast Title loans money on motor vehicle titles, marketing loans to individuals and businesses with poor or non-existent credit.
(OTCBB: DMEC) last sale 0.031 down 0.004 (-11.4%) (Volume 5,740,100)
Diamond Entertainment Corp. markets and sells a variety of videocassette titles to the budget home video market. The Company's wholly owned subsidiary, Jewel Products International, Inc., is in the business of purchasing and distributing general merchandise including children's toy products, furniture and personal computers. The Company distributes and sells videocassette titles including certain public domain programs and certain licensed programs. Public domain programs are video titles that are not subject to copyright protection. The Company's program inventory currently consists of approximately 674 titles, including approximately 401 public domain programs and 273 licensed programs, comprising motion pictures, cartoons, educational, sports highlights, computer-literacy and exercise programs.
(OTCBB: MPTV) last sale 0.0291 down 0.0014 (-4.6%) (Volume 5,629,700)
MPTV, Inc. is engaged in the timeshare and related entertainment industries. Through its wholly owned subsidiary, Consolidated Resort Enterprises, Inc. (CRE), the Company plans to develop and market timeshare resort properties. The Company's principal asset is a multi-million dollar resort property, called Lake Tropicana, located in Las Vegas, Nevada adjacent to the MGM Grand Hotel/Casino and Theme Park. MPTV has interests in other properties in California, Florida and Hawaii, and intends to develop additional other properties elsewhere.
(OTCBB: LOCH) last sale 0.665 up 0.085 (14.7%) (Volume 4,118,200)
Loch Harris, Inc. is engaged in the development of various chemical detection equipment and solar pumps, and has an interest in a joint venture that owns a herd of Canadian Tuli cattle, frozen genetic embryos and other assets. For the nine months ended 3/31/00, revenues totaled $942 thousand, up from $0. Net loss totaled $4.3 million, up from $479. Results reflect initial direct product sales, offset by increased consulting and administrative expenses.
(OTCBB: IFTP) last sale 0.69 down 0.01 (-1.4%) (Volume 3,746,700)
Infotopia, Inc. produces, markets, and distributes a line of health, fitness, and consumer products. The Company markets its products to consumers through infomercials, distributor alliances, and Internet electronic commerce. Infotopia currently markets the BodyRocker, Cactus Jack's 'One Shot Catch a Lot Fishing System, and Dean Tornabene's Fat Fighting System
(OTCBB: AXGI) last sale 0.1 up 0.01 (11.1%) (Volume 2,990,000)
The Auxer Group Inc., through its subsidiaries, manufactures, sells, and distributes automotive and marine products through the Internet and other retail programs. The Company assembles and packages automotive accessories and sells engine treatment, waxes, and polishes. Auxer also distributes automotive parts and accessories.
(OTCBB: AREE) last sale 0.034 no change (Volume 2,635,300)
Arete Industries, Inc. intends to cultivate business start-ups. Arete Industries currently is working with Agression Sports, Inc. (d/b/a Arete Outdoors) in which the Company has a 44% equity interest. The first of the products to come to market is a snowshoe (patent pending). The next product is the Alpine Scooter (patent pending). The next two products, scheduled to be introduced in 2000, are the Power Pole and Suspension Ski, which will complete the first full winter product line. |
