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Microcap & Penny Stocks : Citadel Computer Systems, Inc. ------CITN

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To: Pami who wrote (1346)12/17/1998 1:51:00 AM
From: DSPetry  Read Replies (2) of 1968
 
Just spent a few hours DD'ing this one...
Picked up some shares at .65 after the PR came out...

Read the last 1300+ posts on here....you guys do some great research...

Any of the old timers still around??? JimB/ladyLuck/CAptRon/Mr.Hardy/Cosmo/Samui??????
(After reading 1300 posts, i feel like I know you all so well...

My .02 cents...
The GSA announcement struck my fancy...Cause if anyone ever had to deal with Government contracts it a nightmare to get approved...Lots of wining & dining in the MB360SL's...But once you have it sewn up.. :)
What this means, is any government agency, can purchase CITN products Without going out for bid...Just cut a PO & buy the stuff...

DALLAS--(BUSINESS WIRE)--Nov. 16, 1998-- Citadel Technology, Inc. (OTCBB: CITN - news) announced today at
COMDEX that it has been awarded a contract by the General Services Administration, GS-35F-5907H, establishing a
channel on the GSA Schedule through which Citadel products can be obtained by requesting agencies of the U.S. government.

''This is an important step for Citadel and an ideal way for us to sell our products across a broad array of agencies,'' said Steve
Solomon, President and CEO of Citadel. ''We are currently launching a marketing campaign to increase the awareness and
availability of Citadel's products to federal, state and local governments. Long term we expect these agencies to be a significant
part of our revenues.''


Wondering if all those Warrants are still exercisable at $4-$5
Dave

P.S. - This has such a nice ring to it doesn't it..

Citadel Technology Selected to Join Microsoft, MCI/Worldcom, HP, and Dell in Schools 2000 Program
Citadel Will Be the Exclusive Software Security Provider For Schools 2000 Program
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