OK, I'll put it in my own words, as it's copyrighted.
The information is taken from the Feb. 12th commentary:
The stock looks like it's getting ready for a runup. On March 1st, 1999, the following things will happen:
1) company name will change to eGames, Inc.
2) trading symbol will change to EGAM
3) website will be launched address will be: www.eGames.com
The company is working with Digital River (DRIV) on marketing and presentation of the new Web site.
"The majority of our sales are through mass retail channels. This presents us with an excellent opportunity to effectively market our Internet site by providing web links embedded within our gaming software. We expect to have about 4 million new customers this year at retail. Every time a consumer buys one of our products, they're just a click away from our web site." "Our web site is set up in a way that visitors can demo games online, which in essence allows them to try our games before they buy, order direct or buy our products at their favorite retail stores. Basically, our ecommerce strategy means that anybody with a computer and a modem can purchase and download any of our products within minutes. We also have an Extranet site to build stronger relationships with our retail buyers, distribution partners and software developers. Looking ahead, we believe that our Internet strategy will increase both retail and online sales," concluded Mr. Acheson, VP Sales & Marketing.
The newsletter also compares ROMT to the Radica Games (RADAF) story. RADAF was a stock that they initially recommended just below the $2.00 level and it traded to the high $20's. "Looks like we may have a hot one on our hands with RomTech!" This information was taken from Market Digest Online.
Hope that helps.
Lola |
