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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies

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To: CoffeePot who wrote (39471)	1/6/1999 12:00:00 PM
From: Kimberly Lee	Read Replies (4) of 119973

CDSC, opening up 24 hours internet auction site, float 1.8M January 06, 1999 11:41 Cumetrix sets online sales plans INDUSTRY, Calif., Jan 6 (Reuters) - Cumetrix Data Systems Corp. said Wednesday it plans to launch two online stores this quarter featuring its stock of computer equipment. The first Internet sales site will feature direct sales of its computer-related products and will allow customers to configure and order customized computer systems, notebooks and servers, the company said. The second site will be an e-commerce auction site, featuring around-the-clock auctions for a wide selection of computer hardware, software and systems for the retail, reseller and other end-user markets, it said. "The computer industry enjoys the highest volume of e-commerce transactions on the Web today, and we hope to generate a substantial percentage of our revenues from the Internet through continued expansion of our online stores," Cumetrix chief executive Max Toghraie said in a statement. Cumetrix shares rose 75 cents to $4.50 in early trading on Nasdaq following the announcement.

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