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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Ricstar who wrote (10479)3/5/1999 2:04:00 AM
From: Fred Seitel  Read Replies (1) of 12043
 
All: Here's the link to the Press Release:

biz.yahoo.com

It won't surprise me to see the price blip up tomorrow. The pot has been sweetened since the previous press release. As well as the IVY night club, the latest press release incorporates internet commerce, as given in this condensed excerpt from the press release:

Ivy Entertainment.Com will operate two business activities. One is the newest night club in New York, the Ivy New York, and the other an innovative interactive entertainment company operating on the Internet. ... The interactive aspect of Ivy Entertainment.Com is a new departure in Internet activity being the first virtual shopping mall that will allow people around the world to visit the club online via streaming video...

I don't know whether the attempt will be successful. Will online visitors will be willing to pay a fee to see streaming video?

However, the internet-commerce angle may attract the attention of investors that speculate in new internet companies, in hopes of catching the next AOL or ebay.com. If so, the price could blip up tomorrow. And perhaps after that, the price may slide again (?).

(Just for grins, you might check my post #9957 on this thread. Let's see how this plays out. I currently hold no EUTO stock, having sold at a loss.)

- Fred
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