The following is an Email I just received from my broker. It is not new.
>Subject: The Internet Business Review - April Buy Recommendation
>Date: Mon, 5 Apr 1999 19:06:34
>
>****************************************************************************
>The Internet Business Review (IBR) April 5, 1999 6:00 PM EST April Buy
Recommendation
>****************************************************************************
>SIGNIFICANT NEWS ISSUED BY COLLECTIBLES ENTERTAINMENT INC.
>****************************************************************************
>New April Buy Recommendation: Collectibles Entertainment Inc.
>Ticker Symbol: CBET
>Current Price: $4
>Past 5 Day Trading Range: $5.00-$3.40
>Short-Term Target Price: $8.00 to $10.00 per share
>Past 60 day High/Low: High: $5.00 Low: $1.88
>Shares Outstanding: 15.1 million (66% held by NetNation Insiders)
>****************************************************************************
>
>The Internet Business Review (IBR) is pleased to bring you Collectibles
Entertainment Inc.(Ticker: CBET) as our April Stock
>Recommendation. At the close of the market on Monday, April 5th, IBR
discovered a significant new development with
>Collectibles Entertainment Inc. and privately held NetNation
Communications Inc. IBR feels that this significant development
>could result in drastically higher prices for CBET as NetNation is
acquired.
>
>Late last week we saw some of the key Internet stocks regain some lost
ground. Today Mindspring Enterprises Inc. (NASDAQ:
>MSPG), a competitor of NetNation, closed up a whopping $22 to $111.25.
We
believe that now is the time to take a serious look
>at some of the Internet related stocks that have not run up yet. IBR
believes that Collectibles Entertainment Inc. is one
>important stock to take a serious look at. On Thursday April 1,1999,
NetNation Communications Inc., the largest Web Site
>Hosting company in Canada, announced that it had been acquired by
Collectibles Entertainment, Inc.(OTCBB: CBET, $4.00). IBR
>finds this to be an interesting development as NetNation holds the
reputation of being a reliable and rapidly growing ISP.
>IBR expects that Collectibles will change their name/symbol to
NetNation
in the near future.
>
>NetNation is a leading provider of Web Site Hosting and related
enhanced
Internet services to small and medium sized
>businesses. They currently have over 14,000 domain names registered and
serve about 6,000 business web sites. The company
>currently has customers in 71 countries with a geographical revenue mix
of
57% U.S., 25% Canada and 18% international.
>According to InterNIC's database, NetNation is ranked among the top 60
web
site hosting companies worldwide.
>
>According to Tophosts.com, an Internet guide and directory of web
hosts,
NetNation is ranked #6 in North America (two spots
>above Mindspring, $111.25) as a host with connections to a commerce
company providing credit card merchant accounts.
>NetNation is able to combine an excellent Internet connection, many
international offices, and decent pricing to create a
>tough-to-beat offering. We found their traffic allowances to be quite
good
compared to some hosts. Altogether, NetNation has
>taken a very common sense approach to their hosting packages. We
believe
they have been well thought out and don't seem to be
>lacking anything. If you are looking for a host with an excellent
connection, and 888 support at a decent price, head over to
>NetNation.
>
>In addition, Hostindex.com a well known Web Hosting Index guide, ranks
NetNation as #5 in North America. They describe
>NetNation as a quality web hosting company with offices based in
Vancouver, BC and Silicon Valley, CA. NetNation provides its
>user's with an extremely well built infrastructure while remaining
competitively priced with packages starting at $20/month
>for 50MB of space.
>
>IBR will continue to follow the developments of NetNation in its post
acquisition phase. Its remaining share structure will
>leave only 14,547,000 basic and 15,097,000 fully diluted shares
outstanding. In total, the shareholders and employees of
>NatNation will own over 66% of the outstanding shares of the new
company
(CBET).
>
>IBR feels that NetNation's great business strategy and tight stock
structure may cause its shares to escalate rapidly once
>the acquisition announcement becomes widespread. Look for short-term
volatility which may cause the price to escalate to the
>$8.00-$10.00 price range. Relative to other ISP's, NetNation is
considerably undervalued. IBR believes that NetNation's
>long-term price target will be much higher than its short-term price
targets, especially if a NASDAQ listing is pursued.If
>this occurs, it could attract many institutional buyers.
>
>
>DISCLAIMER:
>The information presented herein is believed to be from reliable
sources,
but can not be guaranteed. Nothing contained herein
>should be construed as investment advice. You are advised to obtain
investment advice from a reliable securities broker,
>registered investment advisor, or financial planner. The Internet
Business
Review (IBR), its principals, officers and
>employees assume no responsibility for the success or failure of any
investment decisions made as a result of the information
>presented herein. The reader should assume that IBR, its principals,
officers, and employees have a vested interest in the
>companies presented herein, which may have been acquired under terms
and
conditions not available to the public. IBR has not
>received any compensation from NetNation Communications Inc. or
Collectibles Entertainment, Inc. for the dissemination of
>this report.
>
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