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

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To: Logistics who wrote (42894)1/13/1999 3:49:00 PM
From: Trooper  Read Replies (2) of 119973
 
Someone may have posted this earlier. Just in case:

BlueStone Capital Initiates Coverage of XOOM.com with a Buy Recommendation

NEW YORK--(BUSINESS WIRE)--Jan. 13, 1999--

BlueStone Capital Initiates Research Coverage of XOOM.com

with a Buy Recommendation

Senior Analyst, Catherine Skelly of BlueStone Capital Partners, L.P. initiates coverage of XOOM.com. (NASDAQ:XMCM) with a BUY recommendation and a 12 month price target of $100 per share. XOOM.com is a rapidly growing Internet direct marketer that attracts members to join its community by offering free web services. In exchange for the free web services, members agree to receive periodic email for a variety of products, with an emphasis on high gross margin goods.

Analyst Summary

- We are initiating coverage of XOOM.com with a Buy recommendation

and a 12-month price target of $100 per share.

- In our opinion, XOOM.com shares qualify as a core holding for

aggressive investors seeking maximum capital appreciation in the

Internet arena.

- XOOM.com's high gross margins coupled with zero-gravity

operations drive substantial operating leverage.

- Leader in the emerging category of leveraging data about

community members through direct marketing.

- Rapid payback period of 5 months on customer acquisition costs.

- Cost-effective strategic partnerships drive aggressive revenue

growth.

- Shares represent an excellent investment at these levels for a

pure Internet play.

BlueStone Capital Partners, L.P. is a full service investment banking and brokerage firm that delivers financial services to emerging growth and medium size companies worldwide. BlueStone Capital assists clients in maximizing their growth by providing sophisticated investment strategies that are designed to achieve clients' strategic, operating and financial goals.

CONTACT:

FOR MORE INFORMATION

Mr. Jamie McAndrews

Phone (212) 834-0824

or

Ms. Catherine Skelly

Phone (212) 834-0870

KEYWORD: NEW YORK

BW1159 JAN 13,1999

6:08 PACIFIC

09:08 EASTERN
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