I just checked my email & found Subject: ALERT: USSP (online auction) Date: 99-02-22 17:54:52 EST From: momentum_trader@hotmail.com (Momentum Trader) To: oldstocks@aol.com
Momentum Trader is watching and very excited about USSP (ecom ecom.com), an internet company which has been undiscovered by the investment community. At a closing price of $1 on February 22 1999, Momentum Trader believes there is significant upside with little downside risk. We see it reaching $3 by the end of next week or higher depending on if news is released this week.
Compared with eBay, this company also offers an on-line auction. When fully developed, ecom ecom Trading Club will be a full-service on- line trading facility that offers its members several different venues for trading their goods. In addition to the silent auction format popularized by eBay and other auction web sites, the Trading Club will allow its members to swap their items for other goods or simply post their items for sale at a set price. According to David Panaia, CEO of ecom ecom.com, inc., the Company is combining concepts proven to be successful to build an e-commerce facility that puts the consumer in charge. ''Our goals are to offer a broad range of trading options in a secure environment at the lowest possible cost to our customers,'' he said. ''Our club membership approach is simple. It eliminates the listing and value- based transaction charges commonly found in Internet auction sites. We have learned from the experience of America On Line and other Internet service providers that per-use charges are not consumer-friendly.'' Unlike other auction sites such as eBay, ecom ecom does not charge for listing items to be auctioned and does not charge a percentage of the value of items sold. Instead, an annual membership in the Trading Club is available for $36, and a six-month membership costs $24. This entitles the seller to unlimited use of the site. A free 30-day trial is available to first-time users for a limited time.
ecom ecom.com, inc. (formerly known as US Amateur Sports, Inc.) evolved from a company that marketed sports-related products and services via the Internet to a company focused on the development of innovative uses of electronic commerce. www.ecomecom.com is an ''e-Commerce Portal.''
The company projects 600% revenue growth year over year and they are a fully reporting company. The stock has a very low float which will add to the increased price pressure.
During the past week or so USSP has released news of two acquisitions, the ''A- Classified-Ad'' web site and The Official NP Magazine. ''A-Classified-Ad'' (www.aclassifiedad.com) will be added to the ''ecom ecom Trading Club,'' The addition of aclassifiedad.com broadens the scope of the Trading Club's services to include the advantages of the newspaper classified advertising format but with the world-wide reach of the Internet.
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