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

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To: Logistics who wrote (42871)1/13/1999 5:51:00 PM
From: Ernest Poe  Read Replies (1) of 119973
 
Here is the Trade for tomorrow. CDSC. My Broker is telling me the company is expecting to release news tomorrow that their on-line stores are now up and running. Here is the old news on the company to back my Broker. I like the company. We should get a nice trade out of this one when the news Hits!

Cumetrix <CDSC.O> 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.

11:26 01-06-99

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