ITEC is the next SKYM
ITEC has a lot of room to run...
remember that SKYM moved from 6 to 48 on this news-
Monday December 28, 7:02 am Eastern Time
Company Press Release
SkyMall Internet Sales Up 600 Percent
PHOENIX--(BUSINESS WIRE)--Dec. 28, 1998--SkyMall, Inc. (NASDAQ: SKYM - news) today reported that its Internet sales for fiscal 1998 are expected to reach approximately $2.1 million compared with sales in 1997 of just over $300,000; an increase of approximately 600 percent. Internet sales for the fourth quarter of 1998 have tripled to approximately $1 million from approximately $300,000 during the fourth quarter of 1997.
With a record 15 million hits to-date for the month of December, www.skymall.com has seen its December traffic more than triple from the year before. The number of hits during the fourth quarter of 1998 have increased to approximately 28 million versus approximately 8 million for the fourth quarter of 1997.......
ITEC EVEN BETTER EXPECTATIONS....
Tuesday January 26, 4:02 pm Eastern Time
FOCUS-Imaging shares surge on Web site forecast
NEW YORK, Jan 26 (Reuters) - Shares of Imaging Technologies Corp. (Nasdaq:ITEC - news) tripled in unusually heavy trading on Tuesday after the San Diego company said it expects sales to jump at its web site that sells computer products over the Internet.
The stock was the most active issue on the Nasdaq with more than 28 million shares traded. The stock was also the Nasdaq's top gainer on a percentage basis, rising $2.50 to $3.75.
Imaging Technology said its web site, www.DealSeekers.com, has already seen steady revenue growth since its debut last fall. It expects sales at the site, which sells computer and imaging hardware, software and consumables, to double in the next 90 days and expects an annualized sales rate of $10 million by the end of the calendar year....
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