Killer day in the Swamp. EBLD, WAST, CRNC, IGHS, TLWN all had great days.
CRNC announced a conference call for April 5, signalling that their acquisitions either complete or very close to completion. Consolidated revenues of combined companies: $77 million, $1.11/share earnings, fully diluted. chronicleinc.com
IGHS also announced a conference call for next Wednesday. Expecting them to give some details on recently signed deals, as well as proforma projections on revenue and earnings for 1999. I think it will be surprising, they spent money on developing their system the last few years, this year and going forward they will reap the benefits. ighs.com
TLWN is expecting news tomorrow and possibly even bigger news next week. Rumored to be some major orders coming in for their lawn trimmers. CEO has said that there will be a steady stream of releases the next couple of months. trim-a-lawn.com
WAST is kicking butt the last couple of days. Closed strong today on heavy volume, take a peak at the bid/ask volume, stacked 410:1 on the bid. Too many buyers, not enough sellers. Good situation for all except those holding short positions. Expecting news tomorrow which should shed details on the recently announced dismissal of the involuntary bankruptcy proceedings, and hopefully what it means to the company and shareholders (including possible cancellation of 63 million shares that they were forced to issue to debenture holders).
EBLD had great news today, signed a letter of intent to acquire a very popular (LYCOS Top 5%) e-commerce company, eMerchant, whose flagship site is emerchandise.com. This site fits in terrifically with entertainmentblvd.com and will add immediate cash flow to the company.
Gator
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