And now a newsletter:
========================== GMT Newsletter ==========================
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In todays issue
- Message to ol' MISM shareholders (CMOZ)
- IWM:VSE
- 2 Guest commentaries PINC:OTC and VGCP:OTC
- BGP:NYSE
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Attention MISM shareholders!
I was surprised to get email from several subscribers telling me that I was
crazy or my quotes were faulty because MISM was still in their trading
accounts at 14 cents. Contact your broker IMMEDIATELY!!! and tell him/her
that MISM had a name change to CMOZ (some brokers are slow to react to such
changes). CMOZ is trading around $3 (recently hit $5). This is not a sell
recommendation, but I do advise that you take some profits at levels your
are comfortable with.
Some great stories have come in, one individual averaged down at 5 cents
and held over 70,000 shares... he walked to the bank smiling last week.
If you were lucky enough to hit a home run, dont be too eager to pile all
your winnings into another stock, its easy come easy go. Plan your next
trade carefully, if you missed this one, dont worry, theres always another
trade.
As for those of you that asked whether CMOZ was a good buy in this range...
look at the chart, the stock was at 14 cents a few weeks ago...
Good luck
-Gil
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IWM:VSE
INSTITUTIONS INITIATE COVERAGE ON INFOWAVE
Golden Capital Securities Ltd., a full-service, independent brokerage
firm, offering a variety of financial products and services to retail,
institutional and corporate clients, issued a BUY recommendation on
Infowave Software (VSE:IWM) in their January Micro-Cap Tech Stock
Report. In the report, Infowave is selected as one of just two new
companies that meets Golden Capital's criteria for inclusion in their
report.
In addition to the Golden Capital report, Yorkton Securities and
Canaccord Capital have also issued BUY recommendations. Both firms
state that they believe the company will significantly outperform
their fourth quarter estimates as sales of Apple Computer's iMac(R)
continue to break records and fuel sales of Infowave's imaging
products. A recent survey concluded that the iMac outsold all other
brands in US retail and mail-order sales channels for the month of
December. Analysts estimate that Apple will ship as many as 535,000
iMac's in the quarter, or almost double the number shipped in the
final six weeks of the previous quarter.
In addition to these analyst reports, Kenneth Coleman of the Investment
Tracker newsletter selected Infowave as one of his small cap picks with
the most potential for 1999 with an immediate BUY up to CN$2.50 and a
one-year target of CN$5.00. Mr. Coleman's criteria includes, "seasoned
management, domination in their product or service sector, sufficient
working capital and achieving minimum 40% annual growth."
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Planet City Software Inc
The following write up comes to us from Dave Reiner, editor of a Microcap
newsletter. PINC:OTC was trading around 50 cents in early Jan and closed on
Friday at .94. Resistance levels to the upside are at $1 and $1.25,
underlying support levels at .75 and .50. Here is his commentary:
"This week's feature is Planet City Software Inc. (OTCBB:PINC). This
company is one of many undervalued situations I follow, and in the last
few days of trading, it appears that some people are catching on to this
one.
Planet City Software Inc. is an international software company
incorporated in 1996 that acquires, designs, markets, and sells software
solutions. Initially, I was captured by the Company's Year 2000
compliance software solution for personal computers and client-server
environments. It is estimated that there are over 250 million PC's that
are not Y2K compliant. The product, the Millenium Bug Compliance Kit,
is software that tests whether the Basic Input/Output System (BIOS)
and/or the real time clock (RTC) have Y2K compliance problems. If a
problem exists with any of these hardware functions, the software fixes
the problem(s) by applying a removable "patch" or additional program
over the original BIOS program which enables it to read and use
twenty-first century years. The software even scans all software on a
PC's hard drive to determine any Y2K problems that may cause a crash,
and gives assistance in correcting any deficiencies. According to Karl
Feilder, CEO of internationally known Y2K consulting firm Grenwich
Meantime, Inc., 93% of randomly selected desktop computers made before
1997 crashed when their internal clocks were rolled past 2000.
Planet City has signed a 50,000 unit sales agreement with Pacific
Dynamics whereby Pacific Dynamics will pay for any of the 50,000 units
not distributedd during the four-month term of its contract. Planet
City believes that with a 1% market penetration, it can achieve sales
levels of 100,000 units per month.
Planet City has also recently introduced its turnkey E-Commerce product
which enables the user to set up a fully functional e-commerce enabled
website.
The Company estimated a FY98 EPS of $.095 and a source tells me they met
that goal. This year should be interesting for the company, and it is
definitely one to watch in 99'. See you next week! Dave Reiner,
Editor-Microcap Alliance."
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The second of our guest commentaries comes to us from the 'Research
Investment Group'. They are covering VGCP:OTC, 52wk low was in Nov at .11,
recent high $1.31. Underlying support levels at .75 and again at .50.
" REVOLUTIONARY E-COMMERCE SYSTEM DEVELOPED BY VIKING CAPITAL GROUP,INC.
("VGCP" OTC - BB) TO SERVE THE INSURANCE, BANKING AND FINANCIAL
SERVICES AND BROKERAGE INDUSTRIES IS NOW OPERATIONAL
VIKING CAPITAL GROUP, INC. ("VGCP" on OTC - BB)
5420 LBJ Freeway
Two Lincoln Centre
Suite 300
Dallas, Texas 75240
Phone: (972) 386 - 9996
Fax: (972) 386 - 7864
Web: vcgi.com
Viking Capital Group is in the midst of negotiations of a US$250+
million financing that will be applied to acquire a portfolio of
operating life insurance companies. Upon restructuring, these assets
are estimated at generating over US$56.8 million per year in net
income.
WHO IS VIKING CAPITAL?
Viking Capital Group, Inc. is positioning with the objective to
become the nation's premiere provider of specialized administration
and data processing services to insurance companies, banks and
self-insured employee benefit programs. Using its proprietary
large-scale, web-based (Internet)transaction and information
technology, Viking Capital is able to provide superior customer
service to its clients at significant cost savings.
In January 1999, Viking Capital introduced a revolutionary e-commerce
system integrating insurance products, traditional banking services
and an array of financial / brokerage offerings.
The Company plans to acquire life insurance companies, and provide a
full array of insurance products and banking / trading services via the
Internet.
Viking Capital's strategic goal is to acquire US$1.5 billion in
insurance-managed assets through the purchase of existing life
insurance companies during 1999. Post-acquisition, Viking Capital will
out-source the portfolio management of the acquired companies, with
expected increases in the average net investment yields of at least
200 to 300 basis points.
Viking Capital's sustainable, long-term competitive advantage is its
large-scale, Internet-based transaction and information technology
developed over the past five years at a cost of nearly US$10 million.
The Viking System, which is now fully-operational, provides superior
customer service and cost-reduction capabilities that are years ahead
of and far beyond the monetary and / or technological capabilities
of Viking's clients and potential competitors.
Following nearly twenty years of steadily declining profits and
escalating costs, the insurance industry is on the verge of a major
restructuring.
Viking Capital is positioned to profit from the insurance industry's
need to cut costs by offering administrative and data management
services on an outsourcing basis; with the Viking system, smaller
insurance companies will be able to achieve comparable economies of
scale to their larger competitors while remaining independent.
However, these outsourcing operations are just a small part of
Viking's business. Viking Capital plans to operate as a
vertically-integrated insurance company where the traditional sectors
of a life insurance company - administration, marketing, data
processing and financial
services - are handled by separate, wholly-owned business units run
as independent profit centers (instead of cost centers). Viking
Capital plans to grow its insurance-related business lines rapidly,
primarily through acquisitions of companies and books of business.
The Company's President & CEO, William J. Fossen, has guided the
Company through the purchase of an insurance marketing company and a
policy administration company, and he is now looking at other potential
targets on the life side.
Prior to acquiring Viking Capital in 1989, Mr. Fossen was part of an
executive team that grew Life Investors Insurance Company from a small
Iowa-based firm into a national company with US$10.5 billion of
insurance in force and US$1.2 billion of managed assets.
Commensurate with its growth through a series of acquisitions, Life
Investors' share price rose from its historic US$2 - US$3 range,
ultimately bringing shareholders a US$36 / share cash buyout from a
major European conglomerate.
Information regarding Viking Capital Group's stellar management
team, Board of Directors and Advisory Board may be found at
vcgi.com
News releases, chronicling the company's rapid growth over the past
year may be found at vcgi.com.
SHARE STRUCTURE & TRADING PRICES (as of January 2, 1999)
Shares Issued: 26.5 million 52-week high: US$1.38 Float: 8.7 million
52-week low: US$0.13
Current bid / ask: US$0.62 by US$0.72 Last trade (1-15-99): US$0.72
Of the 26.5 million shares currently outstanding, officers,
directors and insiders hold approximately 27%, with the Fossen family
holding approximately 15% of Viking Capital. William Fossen, the
Company's President & CEO, personally controls the Company's
management and the Board of Directors via 100% ownership of Viking
Capital's Class B stock, which can elect a majority of the directors.
Viking Capital is fully-reporting company with the SEC, and has over
1,000 shareholders. The Company began trading on the OTC BB on
January 20, 1995. Research Investment Group estimates that out of the
approximately 8.7 million shares in the public float, only about
three million shares are actively traded, with the balance being
held by long-term investors.
For additional information on the Company's capital structure,
please see:
vcgi.com
HOW VIKING CAPITAL WILL GENERATE REVENUES & OPERATING PROFITS
Viking Capital will generate revenues from several wholly-owned
operating subsidiaries. Viking Insurance Services, Inc. markets,
sells and services insurance, specializing in the "Viking Travel
Plan", a very profitable, short-term,combined health / life / accident
policy ultimately to be sold through airport kiosks and travel
agencies to foreigners traveling in the United States. Though no
longer a wholly-owned subsidiary of Viking Capital, Triple A Annuity
Marketing, Inc. has agreed to market any of the Company's A-rated
purchased life insurance products via its network of 3,000+ general agents
who have written in excess of US$25 million of annualized premiums and
represent an excellent distribution system in place for distributing
current and future Company products and services.
Viking Financial Services, Inc. currently provides corporate
strategic and financial consulting on a fee basis. Viking Systems,
Inc. provides all of the Company's MIS needs as well as providing
for-profit data processing services for other client insurance
companies, employee benefit plans and insurance-related operations
for banks.
Viking Administrators, Inc. and NIAI Insurance Administrators, Inc.
provide all of Viking Capital Life Insurance's administrative needs,
while generating profits by providing administration services for
other client insurance companies under long-term contracts.
Viking Capital has launched an aggressive sales and marketing
program to develop two new revenue sources / profit centers: First,
Viking Capital has targeted over 1,000 smaller and mid-sized
insurance companies and banks, with the goal of taking over their
data processing and administration needs as it pertains to
insurance-type products. On the marketing side of the business, once
the Company has purchased its first life insurance company, Viking
Capital will be in a position to provide other insurance companies
with the ability to sell their selected insurance products through
Viking Capital Life Insurance
Company, so long as Viking Capital also contracts for their
administration and data processing.
Disclaimer
RESEARCH INVESTMENT GROUP is not a Registered Investment Advisor or a
Broker / Dealer. This communication reflects opinions from Viking
Capital Group, Inc. Readers are advised that this electronic
publication is issued solely for information purposes and is not to be
construed as an offer to sell or the solicitation of an offer to buy.
The opinions and analysis included herein are based on sources believed
to be reliable and in good faith but no representation or warranty,
expressed or implied, is made as to their accuracy, completeness or
correctness. This information is not intended to be used as the sole
basis of any investment decisions, nor should it be construed as
advice designed to meet the investment needs of any particular
investor. The foregoing discussion contains forward-looking
statements which are based on current expectations and differences can
be expected. The information contained herein has been provided by
the Company to RESEARCH INVESTMENT GROUP for information purposes
only; in addition, the information contained in this report is not
intended to be a complete discussion of information regarding some of
the current and/or ntended business activities of the Company.
Readers are urged to consult with independent financial advisors with
respect to an investment in the shares mentioned herein. Investors
should review a complete information package on Viking Capital Group,
Inc. (the Company"), which should include, but not be limited to, the
Company's annual report, quarterly report, press releases, as well as
all regulatory fil ings. All information contained in this report
should be independently verified with the Company mentioned herein.
Any opinions expressed in this report are statements of judgment as of
the date of publication and are subject to change without further
notice, and may not necessarily be reprinted in future publications or
elsewhere. Neither RESEARCH INVESTMENT GROUP nor its officers,
directors, partners or employees / consultants
accept no liability whatsoever for any direct or consequential loss
arising from any use of this report or its contents.
The company has paid RESEARCH INVESTMENT GROUP a retainer fee of 120,000
free-trading common shares of Viking Capital Group plus US$5,000 cash
per month for consulting services including, but not limited to, project
analysis, assisting in locating funding sources as well as evaluating
and reporting on projects the Company may have acquired or seek to
acquire in the future. Prior to RESEARCH INVESTMENT GROUP
disseminating this information, Viking Capital Group reviewed and
approved the contents hereof.
RESEARCH INVESTMENT GROUP, its officers, directors, partners and
employees / consultants may profit in the event the shares of the
Company increase in value. These positions may be liquidated from
time to time even after RESEARCH INVESTMENT GROUP, its officers,
directors, partners and employees / consultants have made positive
comments on the Company.
THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE
BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES
IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK.
We encourage the reader to review the investing information available
with the Securities and Exchange Commission ("SEC") at
sec.gov <http://www.sec.gov> and / or the National
Association of Securities
Dealers ("NASD") at nasdr.com> <http://www.nasdr.com.
Readers can review all public filings by the Company at the SEC's
EDGAR page. The NASD has published information on how to invest
carefully at its website.
_______________________________________________________________________
BGP:NYSE
BGP fell below the previously mentioned critical support levels at $18, so
now its a wait and see strategy.
______________________________________________________________________
Have a profitable week!
Don and Gil
_____________________________________________
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