This is the information I had emailed to me.
WAACO KID CALLS LIFETIME'S TRADERS TV
STOCK SELECTIONS TOO 'UPPITY',
CHALLENGES TV SHOW'S SELECTIONS WITH
WAACO'S 'TEN MOST WANTED LIST',
IN SMALL CAPS VS. LARGE CAPS FACE-OFF
Los Angeles, CA, and New York, NY -- 'The Waaco Kid', an infamous
internet-based on-line forum who is a deputy sheriff at 'Stock Ridge',
located on the web at netcapital.com, has challenged the new TV
series, 'Traders', for its selection of stocks in its 'The Pit'
stock-picking contest located at traderstv.com.
'The 100 stocks located there are just too uppity,' said 'Waaco', a
rascally, legendary 'virtual' character who serves as the official
spokescaricature for The Waaco Kid's Hot Stocks Forum and Investment Club
and who is a champion of emerging growth companies. 'No wonder the
brokerage in the series is always on the edge of extinction', Waaco
harrumpted. 'They should take a lesson from Waaco and invest their
mattress money in the smaller caps' which Waaco sees as the next stop on
the bull run as investors look 'further down the pecking order for value'.
The contest, which ends on October 18, now shapes up as a challenge
between large caps and small caps, with Waaco taking on the winners of the
Traders TV contest.
For all those who beat him, Waaco said he will offer a three-month free
subscription to his on-line interactive e-mail forum 'because we will be
looking for their advice'. If no one does, which Waaco thinks is more
likely, he's offering a three-month free subscription to the top 100
'second place' finishers, 'because they'll be looking for my ideas'.
To set the tone of the face-off with Traders, which is seen Sunday nights
on Lifetime, Waaco has selected his 'Ten Most Wanted List', and is dividing
$10,000 equally between each, so it mirrors the Traders contest.
The Waaco Kid was recently featured in the May 27 edition of Business
Week, and will be the subject of another article in the upcoming November
edition of Kiplinger's.
The stocks on Waaco's 'Ten Most Wanted List', and their closing prices as
of Friday, September 13, along with the shares 'purchased', making up
Waaco's $100,000 Challenger portfolio are:
GIFS: TOPS TEN MOST WANTED LIST
Traders TV challenge. 'The Waaco Kid' has squared off against the Traders
TV series seen Sunday nights on Lifetime in a stock-picking contest which
will be determined Oct. 18. The Kid's own website at
netcapital.com is an official participant with the TV series'
site found at traderstv.com, but Waaco disagrees with the
series' selections, saying the large caps are much too 'uppity', and is
pitting his own group of mostly small caps against Traders' group. Having
set the stage, the Kid has issued his own 'Ten Most Wanted List':
Genesis Insurance and Financial (GIFS), 1-1/16, easily tops the chart.
Languishing under $1 until Friday when word began to spread that this
acquisitions-oriented company has been accepted for a National Market
listing once it trades above 3. That should be easy, since the book value
is now at 7, and that has now been effectively validated by the NASD
letter. Similar NMS stocks trade at 2x book, giving GIFS, maybe America's
most undervalued stock, a 7 to 10 target, up to 1,000% above its present
price. (Purchased 9412 shares = $10,000)
Ednet (DNET), 3-1/2, perhaps the most talent-laden next-generation
high-tech company on the BBs, already with revenues, is expected to have a
major announcement within weeks about its industry-acclaimed 'liquid sound'
collaboration. Target is 6 to 8. (Purchased 2857.143 shares = $10,000)
Tower Semiconductor (TSEMF), 6-1/4, is a 'bottom fish' or 'bounce'
candidate, trading at new lows due to difficulties with one customer, but
its book value and P/E ratios are so far behind its competitors, a target
of 12 for a double is obvious even if it takes the rest of the year to
recover, as it predicts. (Purchased 1600 shares = $10,000)
Activision (ATVI), 13-3/4, is a favorite of Individual Investor and Dick
Davis Digest, with big earnings, revenues, to be boosted by Nintendo 64,
CD-Rom lines, and yes, the internet. Current consultants include KGB, CIA
former heads. Target: 20-25. (Purchased 727.28 shares = $10,000)
Whitestone (WHSN), 1-1/8, the 'Li'l Mattel', is negotiating for bridge
financing that will 'set' it for a big Xmas season and $3m earnings, is
rumored to have a firm commitment secondary and has an important
acquisition to complete when the stock sells at 5 to 6. (Purchased
8888.888 shares = $10,000)
U.S. Office (OFIS), 32-3/4, is on a roll. Surprise earnings, industry
consolidations have analysts in a dither, issuing price targets up to 46, a
50% gain. (Purchased 305.35 shares = $10,000)
U.S. Robotics (USRX), 65-1/4, already in its rally, should gain 40% to 90,
and if the bull market continues, top its recent high of 105-1/2, as a new
56kpbs modem nears delivery. (Purchased 153.3 shares = $10,000)
Yahoo (YHOO), 20-5/8, is positioning itself for internet dominance, and as
this becomes more and more evident, its shares could advance to 30 near
term. (Purchased 484.9 shares = $10,000)
ImmuLogic (IMUL), 7-3/8, could have the closest thing to the cure for the
common cold with its Allervax Ragweed allergy product now in trial. Target:
15. (Purchased 1355.93 shares = $10,000)
Ion Laser (ILT), 14-1/4, is in full compliance with the FDA, and on a roll
with its BriteSmile laser tooth whitening system, garnering a near target
of 25. (Purchased 701.78 shares = $10,000)
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