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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (4598)6/5/1998 12:29:00 PM
From: cyberman  Read Replies (2) of 25711
 
Any thoughts on VTCO - taken from the new thread

I wanted to see if anyone else is interested in this stock. Multiplying profits by 235 is impressive and the partnership with ZD Net couldn't hurt. It's currently trading at .50. The following is one of today's press releases. Any research and information contribution to this thread is appreciated.

Thursday June 4, 6:09 pm Eastern Time
Company Press Release
VTC Profits Multiply
MINNEAPOLIS--(BUSINESS WIRE)--June 4, 1998--In the first quarter of 1998,Virtual Technology Corporation (OTCBB:VTCO - news) posted net sales which were an amazing 235 times greater than those of first quarter 1997.

Ken Israel, chief virtual officer for the online computer hardware and software retailer,credits VTCO's recent success, to an aggressive new marketing program. Virtual Technology's net sales for the first quarter of 1997 were a meager $38,469.

Utilizing banner ads on CNET, ZDNet, USA Today's Marketplace and Digital River's home site, Virtual Technology's aggressive new campaign reaches thousands of potential buyers each day. The web sites publish prices from multiple sellers along with links directly to VTC's site to make buying quick and simple. VTC attracts buyers by providing secure online transactions, free same day shipping, technology reviews and a wide array of
products at competitive prices.

Billed as the World Wide Web's premier source for speed, power and graphics, the company is currently one of the top three Internet resellers in the country, fulfilling the needs of a large audience of computer users and online shoppers.

Virtual Technology Corp.'s products may be purchased online via
virtual-world.com or via telephone at 888/982-0245.

--------------------------------------------------------------------------------
Contact:
Virtual Technology Corp.
Ken Israel, 612/915-1122
va-mail.com
or
Makenna Delaney & Sullivan
Bob Sullivan, 760/931-2500
venturefinance.com

---------------------------------------------------------------------- According to investor relations float is 3-3.5 million
price is around $0.50
I think they also have news today
Any thoughts???
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